The property is situated directly across MacRitchie Reservoir Park and is about 800 metres away from the Caldecott MRT Station, which will become an interchange when it links to the soon-to-be operational Thomson East Coast Line. Photo: SRI
A good class bungalow (GCB) within the Caldecott Hill Estate has been launched for sale via expression of interest (EOI), revealed exclusive marketing agent SRI.
Located at 204 Lornie Road, the District 11 freehold property has a land area of around 2,347.6 sq m (25,270 sq ft). The site enjoys a 50-metre dual frontage presenting an option to rename the address to Joan Road, subject to the authority’s approval.
The property is situated directly across MacRitchie Reservoir Park and is about 800 metres away from the Caldecott MRT Station, which will become an interchange when it links to the soon-to-be operational Thomson East Coast Line.
It is also well connected to the rest of the island via expressways and major arterial roads such as Pan Island Expressway, Central Expressway, Lornie Road and Lornie Highway.
Related article: Good Class Bungalows: The Creme De La Creme of Singapore Homes
Bruce Lye, Co‐founder & Managing Partner at SRI, said that since the current house has a prominent frontage and ideal for re-construction, it provides the next owner an opportunity to build “a signature architectural masterpiece for their family”.
Meanwhile, the recent news report that Mediacorp may sell its former campus at Caldecott Hill could change the landscape of Caldecott Hill Estate, said Tony Koe, Managing Director at SRI.
“The site is currently zoned for civic and community institution use under URA Master Plan 2019. The outline application for a proposed five‐storey 550‐units residential condominium was not granted in 2015,” he noted.
“The plot may be rezoned to residential use and given the existing surrounding low-density residential character, a Good Class Bungalow housing development could be in the making subject to URA’s approval.”
The EOI exercise for the GCB closes on 11 November.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email firstname.lastname@example.org