For $7 million, a freehold corner terrace on Hoot Kiam Road is on the market.

A corner terraced freehold property on Hoot Kiam Road which is located off River Valley, is up to sale via the expression of interest process with a suggested price of $7 million or $2,433 per square foot on the land. The two-storey property is situated on a 2,877 square foot site that is zoned for residential use with an average area ratio of 1.4 It covers an area of 5,111 square feet and an expansive frontage of 15 meters.

Lentor Hills Residences launch price has a total site area of about 17,100 square metres (sq m) with a maximum Gross Floor Area (GFA) of 60,480 sq m. It is expected to house 595 residential units.

Jeremy Lim, senior group district director at Huttons Asia, which is marketing the property and promoting the property, says that the property is located in a highly sought-after neighborhood that is also surrounded by numerous amenities. He also notes that the property is within Irwell Hill Residences which is a 540-unit condominium development from City Developments launched last April and is now over 90% sold% sold.

The property is a five minute walk from Great World City and the coming Great World MRT Station on the Thomson East Coast Line which is scheduled to open later this year. It is also near to River Valley Primary School.

The exercise to express interest for the property is due to close on October 20 at 3pm.