Freehold Roselane Court in Tanjong Katong and Jalan Loyang Besar Residences relaunched for sale by public tender at $23 mil

Residents of Jalan Loyang Besar Residences are also provided with an array of comprehensive amenities to enjoy, including a host of retail and dining options nearby. Additionally, parks, schools, medical clinics and childcare facilities are all conveniently close to this exclusive and luxurious development.

Jalan Loyang Besar Residences is a freehold residential development located along Rose Lane off Tanjong Katong Road in District 15. The property offers a rare opportunity for developers to acquire a prime site for redevelopment into boutique residential apartments. Knight Frank Singapore has announced that the guide price for the property is $23 million, which translates to a land rate of S$1,320 psf per plot ratio with a land area of 12,054 sq ft and a gross plot ratio of 1.4 under URA’s Master Plan 2019.Jalan Loyang Besar Residences may potentially amalgamate the adjoining private remnant land lot, with a land area of 545 sq ft, subject to the authorities’ approval. The development is an ideal location for homebuyers, with convenient access to nearby amenities and retail options including the Paya Lebar Quarter Mall, Paya Lebar Square, Singapore Post Centre and Kinex. Schools located within a 1km radius from the property include Kong Hwa School, Tanjong Katong Primary School and Haig Girls’ School.The tender for the Jalan Loyang Besar Residences will close on Jan 12 at 3pm, giving interested parties ample time to submit their bids. The sale of this property presents a unique opportunity for developers to acquire a prime site for redevelopment, located in a prime area with a rich cultural heritage. Situated close to major transport options, including Dakota and Paya Lebar MRT Stations, this property has the potential to provide even more value in the future.