Three-storey semi-detached in Bedok South on the block for $3.65 mil
A mortgagee sale, this will certainly be the very first time that the property will be marketed via auction. The house will be shown with uninhabited possession.
The location is located nearby primary motorways such as East Coast Parkway (ECP) using Bayshore Road and are going to be offered by the upcoming Bedok South MRT Station throughout the Thompson-East Coast Line the second it opens up in 2H2026.
Last year, 2 other 99-year leasehold landed houses within the Kew Vale estate were offered. One of the most current purchase was the sale of a three-storey semi-detached home near Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, reflecting a land rate of $1,398 psf.
The various purchase was the sale of a three-storey terraced home taking up a 2,300 sq ft plot along Kew Drive. The property altered hands for $3.26 million ($1,417 psf) in January.
Mok includes that in regards to land price, the real estate’s guide price of $1,203 psf is one of the most affordable on offer in the area. URA caveats show that the property last altered hands in November 2021 for $3.19 million ($1,051 psf).
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The residence has a floor area of 4,436 sq ft over three grounds. The ground level has a living hall with a double- volume ceiling, an adjacent dining area, a kitchen and a helper’s room. The upper two levels consist of six bedrooms, a family space and a storage place. The property even includes a car porch and a backyard area.
A 99-year leasehold semi-detached house will develop on the block at SRI’s coming auction on March 15 with an overview price of $3.65 million. The three-storey real estate takes up a 3,034 sq ft section plot on Kew Heights in District 16. The $3.65 million rate tag reflects a land cost of $1,203 psf.
According to Mok Sze Sze, managing partner of auctions and sales at SRI, prospective investors may have the possibility to change a few of the open areas into added rooms, making the property perfect for expanded or multi-generational families.
Numerous colleges are also situated near the property up for public auction, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary.
Costs of 99-year leasehold, semi-detached properties in the Kew Vale estate have actually expanded in the last few years. According to URA Realis, 7 semi-detached residences were sold in 2023 and 2024 at an average land rate of $1,213 psf. This is up from the average land price of $1,002 psf throughout seven transactions at the estate in between 2021 and 2022.
