Residential land with freehold title located at Jalan Dermawan is currently available for purchase at $15.88 million

September 29, 2022


The land in question has an area of 12,574 square feet and may be found at a dead end street on Jalan Dermawan (Picture: Huttons Asia)

An expression of interest is being sought for the purchase of a freehold residential site located at 74 Jalan Dermawan, which is off Hillview Avenue in District 23. The guide price for the sale is $15.88 million, or $1,263 per square foot.

Within the Hillview Garden estate, the plot has a total area of 12,574 square feet and can be found at the end of a dead end street called Jalan Dermawan. The site's regular shape rests atop raised land, and its typical plot depth measures roughly 43 metres, while the plot's frontage measures approximately 26 metres in width.



The land is designated for residential development under its zoning. The plot may either be converted into a bungalow or partitioned into a detached property and two semi-detached houses, as stated by the marketing agent Huttons Asia. Alternatively, the site can be renovated into a duplex.

"This elevation acreage lies on the highest point of Jalan Dermawan affording privacy and views of the surrounding vegetation that cannot be matched by any other property in the area. According to Aric Lim, senior division director at Huttons Asia, "This is a rare offering for developers to acquire a freehold regular shape residential plot within Hillview." Lee Sze Teck, senior director of research at Huttons Asia, adds that the plot is among the largest along Jalan Dermawan. "It will appeal to multigeneration families who want to stay together and yet have their own privacy," he continues.

On October 23 at three in the afternoon, the window for submitting expressions of interest will conclude.