New Development
Haus on Handy, Singapore
28 Handy Rd, Singapore 229228
Name | Haus on Handy, Singapore |
Listing ID | 789 |
Address | 28 Handy Rd, Singapore 229228 |
District | |
Tenure | 99 |
TOP Date | Dec 2023 |
Developer | CDL Regulus Pte Ltd |
Total Units | 188 |
Site Area | 51,626 sq ft |
Website | https://hausonhandy.officialdeveloperlaunch.com |
Description
Haus on Handy is a new development located in the heart of Dhoby Ghaut by City Development Limited (CDL). The site sits right in the heart of Handy Road at Mount Sophia which is one of the most highly sought after location for residential development. Haus on Handy Condo plot of land consist of a conversed building and plans are underway by CDL to convert the building into a clubhouse for residents use.
The site was first announced for sale under the Government Land Sales Programme whereby periodically, land sites are released for sale and interested parties can place an offer to secure the rights for development of the land. City Developments Limited has emerged the top bidder and the price submitted for the plot of land was at $1,722psf ppr. There were a total of 10 bids submitted for the plot of land and this indicate a healthy interest from developers with regards to real estate development in the core city centre in particular to land such as Handy Road which has good location attributes. It is noted that as the market gradually recover, many developers are looking to increase their land bank to take on the upswing in prices.
Haus on Handy sits on a site area of 51,626 square feet and enjoys its location in the prime District 9 which is matured and among the highly sought-after residential areas. Considering that it is situated on elevated land, Haus on Handy offers the potential to exploit the skyline and city views.
The site also enjoys unbeatable connectivity; Dhoby Ghaut MRT station is just 50 meters away. The triple line interchange is connected to a sheltered walk away. The Orchard Road Shopping Belt, Marina Bay Financial District and CBD are also a few minutes drive.
Haus on Handy is also close to essential amenities and good schools that will make the lives of its future residents easier. Considering that CDL are established developers, Haus on Handy is certainly going to be success featuring top-notch facilities to benefit the residents.