Three-storey semi-detached in Bedok South on the block for $3.65 mil
According to Mok Sze Sze, handling associate of auctions and sales at SRI, possible buyers might have the opportunity to change several of the open areas right into additional rooms, making the property suitable for expanded or multi-generational families.
Rates of 99-year leasehold, semi-detached properties in the Kew Vale estate have actually expanded in recent times. According to URA Realis, seven semi-detached residences were offered in 2023 and 2024 at an average land price of $1,213 psf. This is up from the average land price of $1,002 psf across seven deals at the estate between 2021 and 2022.
A mortgagee sale, this will certainly be the first time that the real estate are going to be marketed via auction. The house will be offered with vacant possession.
The various deal was the sale of a three-storey terraced home taking up a 2,300 sq ft plot around Kew Drive. The property changed hands for $3.26 million ($1,417 psf) in January.
Numerous institutions are also located close to the property up for public auction, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary.
In 2024, 2 various other 99-year leasehold landed houses within the Kew Vale estate were offered. One of the most current transaction was the sale of a three-storey semi-detached house along 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 house has a floor area of 4,436 sq ft over three levels. 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 contain six rooms, a family spot and a storeroom. The residential property additionally includes a car porch and a backyard area.
Mok adds that in regards to land cost, the property’s guide cost of $1,203 psf is one of the lowest available in the location. URA cautions show that the property last changed hands in November 2021 for $3.19 million ($1,051 psf).
A 99-year leasehold semi-detached house will develop on the block at SRI’s next auction on March 15 with an overview price of $3.65 million. The three-storey real estate inhabits a 3,034 sq ft corner plot on Kew Heights in District 16. The $3.65 million price tag reflects a land rate of $1,203 psf.
The location rises nearby primary motorways such as East Coast Parkway (ECP) using Bayshore Road and will be served by the upcoming Bedok South MRT Terminal along the Thompson-East Coast Line the second it opens up in 2H2026.
