SINGAPORE, 15 OCT 2020 – EDMUND TIE, the sole marketing agent for the sale of the semi-detached house along Jalan Kelawar is pleased to offer the prime, freehold landed house for sale by expression of interest. The subject property is sited in the exclusive landed-housing enclave bounded by Orchard Boulevard, Grange Road and Paterson Road.
The 2-storey semi-detached property sits on a land area of 454.9 sq m (approximately 4,896 sq ft) and is located on an elevated rectangular site along Jalan Kelawar. With a desirable North-South facing orientation, the property is well-ventilated and cooling throughout the year. Sitting atop one of the highest points in One Tree Hill, with a 3-metre elevation from street level, the property enjoys exceptional privacy and commanding views of the surrounding landed estate.
The subject property is situated in an excellent location with Orchard Road just minutes’ walk away. It is surrounded by a plethora of amenities, and is well-served by an extensive transport network. The upcoming Orchard Boulevard MRT station on the Thomson-East Coast line is a mere 300m away from the property. Despite being located within close proximity to many malls and amenities, it is nestled in an exclusive and serene landed housing enclave. The surrounding houses are mainly owner-occupied and the last transaction along the same row was concluded more than 10 years ago.
Executive director of investment advisory, Tan Chun Ming, commented: “Freehold landed housing in this area are tightly held given the limited supply. Such an opportunity is hard to come by and we expect keen interest from both owner-occupiers and investors. The indicative price of approximately $2,450 psf on land also compares favourably to the transactions in the area. Houses in the new development, One Tree Hill Collection, has been transacting at prices above $3,000 psf.
“The property will be sold on an as-is-where-is basis with vacant possession and is ideal for rebuilding or addition and alteration works to create the ideal home.”
The indicative guide price for the property is in the range of $12m, reflecting $2,450 psf on land.
The expression of interest exercise for the semi-detached will close on Tuesday, 17 November 2020 at 3pm.
For further information, please contact:
Wong Wei Chen
Senior Manager, Corporate Communications
O: +65 6393 2369