A 4-storey building on Derbyshire Road zoned for 'Civic and Community Institutions' under Master Plan 2014 has been put up for sale for SGD$26million.
This site is expected to be popular because it was approved to be used as a childcare center and kindergarten since 2010. New and existing childcare operators will jump at the opportunity to acquire a ready-approved site.
This site could also be changed into a boutique residential apartment.
Derby Court sold at SGD$73.88m to Roxy Pacific Holdings subsidiary
Derby Court was sold in December 2017 to a subsidiary of Roxy-Pacific.
JLL marketed this project. It was the third time this estate has gone for an enbloc sale.
Derby Court consisted of 18 units and 2 penthouses.
Strategically located at Derbyshire Road, Derby Court is just opposite Saint Joseph's Primary School (Junior) and near to ACS Junior.
It will be exciting to see how the developer will transform this condominium development.