Haus on Handy is a Highly Anticipated Development along Singapore's Most Prime District 09, minutes walk to Dhoby Ghaut MRT Station. It will be developed by CITY Developments Ltd (CDL) who places the Top Bid of S$212.2 million, working out to S$1,722 per square foot per plot ratio (psf ppr) for the site in Handy Road. The break-even price for the new development is expected to range between S$2,340 and S$2,400 psf and the estimated selling price is estimated to be in the range of S$3,000 psf.
Given the location of the site which is less than 100 metres to Dhoby Ghaut MRT Station, it is likely to generate overwhelming interests from both home seekers and investors looking to live the High Life in Orchard Road and at the same time be close to the Central Business District.
Haus on Handy is likely to have three eight- to 10-storey residential towers with about 188 apartment units and a basement carpark. It could also convert the conserved building at the site into a clubhouse for residents' use.
More information at https://investintproperty.com/properties/haus-on-handy/
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