Knight Frank Singapore announce the sale of Dunearn Court, a domestic redevelopment site along Dunearn Road by tender. Dunearn Court is a freehold estate located in the desired prime area 11. It makes up one household block of 12 apartment or condo units with a site area of 1,784 sqm (approx. 19,203 sq ft). The site is zoned "Residential" under the URA Plan Of Attack 2014 as well as has a Gross Plot Ratio (GPR) of 1.4. The guide cost for the property site is S$ 38.8 million, which means a land price of approximately S$ 1,443 psf ppr. The immediate location is primarily domestic in nature, consisting of landed housing and also condominium growths. Developed colleges, specifically Nanyang Main Institution, Nanyang Girls' Senior High School, Hwa Chong Institution and National Junior College lie within 1 kilometres from the subject site.
The site is within 500m from the Tan Kah Kee MRT terminal as well as Botanic Gardens MRT station, which run along the Downtown Line. Accessibility to the site is additionally enhanced by its proximity to major arterial roadways, in addition to expressways, such as the Ayer Rajah Expressway (AYE), Dunearn Road and Parc Esta Eunos MRT. In the last three months, Knight Frank successfully wrapped up two collective sale bargains as well as the sale of one redevelopment site Rio Casa to Oxley Lian Beng Venture for S$ 575 million, One Tree Hillside Gardens to Lum Chang Holdings for S$ 65 million and also a redevelopment site along Jervois Roadway to TSky Growth for S$ 21 million.