recently I did some search at D5 ... along Pasir panjang road towards Alexandra road area ....
the stretch that used to be all warehouses has now transformed into many new buildings ...
in Mar 2013 ... 3 plots of FH landed were sold at about 39 mio ... with land size of about 30k-36k sqft ...
each plot still stands a commercial building , probably with built up of 80 to 100k sqft ...rentable ... or rented.
A seach in the neighbouring lanes ... I saw an advertisement of a stand alone building ... built up 36k sqft ... FH .. BUT land size of 13k sqft ...
for a size 1/3 of the 3 plots that were sold in MAr 2013 .. this tiny plot is asking for 36 mio ????????????
is seller being too greedy ? or has FH commercial landed chiong 3 folds within 4 months in D5 ??