6A, B & C Robin Drive sold for SGD17m
  • Investment Advisory
  • 05 July 2021

6A, B & C Robin Drive sold for SGD17m

6A, B & C Robin Drive sold for SGD17m

SINGAPORE, 5 July 2021 – – EDMUND TIE, the sole marketing agent for the sale of 6A, B & C Robin Drive, is pleased to announce the completion of the sale of the property to Robin Development Pte Ltd at SGD17m.

Strategically located at Robin Drive, the property sits on a 951.8 sq m (approximately 10,245 sq ft) regular plot. There is also the opportunity to purchase an adjacent strip of State land of approximately 16.2 sq m (approximately 174 sq ft), bringing the total land size to 968 sq m (approximately 10,299 sq ft). Under Master Plan 2019, the regular shaped site is zoned for Residential use at Plot Ratio 1.4 and is an ideal site for an upscale boutique development of up to 13 units based on an average unit size of 100 sq m.

The property enjoys excellent accessibility and convenience at its doorstep, being located within walking distance (200m) to Steven MRT Interchange. In addition to being in close proximity to a host of amenities including recreational clubs, supermarkets and eateries, the property is surrounded by a string of elite schools.

Executive Director, Investment Advisory, Edmund Tie, Swee Shou Fern, commented: “The tender attracted very keen interest from both investors and developers due to its prime location and bite-sized quantum. The sale price of $17 million reflects a land rate of $1,454 per square foot per plot ratio (psf ppr).”

ENDS

For further information, please contact:

Chan Yee Yin (Ms)

Head, Corporate Communications

+65 6393 2369

Yeeyin.chan@etcsea.com

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