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 sold by means of auction. The house will be presented with vacant ownership.
According to Mok Sze Sze, handling partner of auctions and sales at SRI, potential clients may have the opportunity to change a few of the open areas into additional rooms, making the property perfect for prolonged or multi-generational families.
The various purchase was the sale of a three-storey terraced residence taking up a 2,300 sq ft plot around Kew Drive. The property changed hands for $3.26 million ($1,417 psf) in January.
Mok includes that in regards to land rate, the property’s guide price of $1,203 psf is one of the lowest available in the place. URA caveats show that the property last altered hands in November 2021 for $3.19 million ($1,051 psf).
In 2024, two other 99-year leasehold landed properties within the Kew Vale estate were offered. The most current deal was the sale of a three-storey semi-detached residence around Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, showing a land price of $1,398 psf.
The location stands close to major motorways such as East Coast Parkway (ECP) via Bayshore Road and are going to be offered by the upcoming Bedok South MRT Station throughout the Thompson-East Coast Line when it opens up in 2H2026.
Costs of 99-year leasehold, semi-detached properties in the Kew Vale estate have actually expanded over the last few years. According to URA Realis, 7 semi-detached houses were sold in 2023 and 2024 at a standard land price of $1,213 psf. This is up from the average land rate of $1,002 psf across 7 deals at the estate between 2021 and 2022.
A number of colleges are also located near the property up for public auction, including Temasek Primary and High Schools, Bedok South Secondary and Bedok View Secondary.
A 99-year leasehold semi-detached residence will show on the block at SRI’s next auction on March 15 with a guide rate of $3.65 million. The three-storey real estate inhabits a 3,034 sq ft section plot on Kew Heights in District 16. The $3.65 million rate tag mirrors a land cost of $1,203 psf.
The house has a level space 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 include 6 bed rooms, a family area and a storeroom. The house also includes a car porch and a backyard area.
