Freehold Bungalow Whitley Road Sale 3188 Mil
The exclusive marketing agent for 11 Whitley Road has recently put up a two-storey freehold bungalow for sale via tender. The property boasts a prime location on a freehold elevated site of 15,276.27 sq ft and comes with a guide price of $31.88 million, translating to $2,087 psf on the land area.
Originally built in 2016, the bungalow has been well-maintained and features a rear extension. With a total of five bedrooms, three of which are en suite, the house also includes two living rooms, two dining rooms, a spacious and well-equipped kitchen, and a helper’s room.
According to Aric Lim, associate district director of Huttons Asia, the land parcel could potentially be subdivided for the redevelopment of eight terraced houses. Each site could range from 1,614 sq ft to 2,389 sq ft, with a possible gross floor area (GFA) of 21,528 sq ft, subject to land betterment charges.
Senior director of data analytics at Huttons Asia, Lee Sze Teck, notes that this is the largest plot of land available along Whitley Road, making it a highly sought after property. He also adds that the guide price of $2,087 psf based on land is very competitive compared to recent transactions for new semi-detached houses in the same area, which have been sold for more than $3,000 psf.
Conveniently located near Novena MRT Station and popular shopping malls such as Velocity at Novena Square, Square 2, United Square, and Zhongshan Park, the property has a lot to offer in terms of amenities and accessibility.
Residents of the upcoming Novo Place Tengah EC will enjoy the convenience of having multiple Mass Rapid Transit (MRT) stations in close proximity. With the upcoming Tengah Park MRT station, a part of the highly anticipated Jurong Region Line, just a stone’s throw away, residents will have easy access to the extensive rail network. Additionally, the nearby Jurong East MRT station, a major interchange connecting the North-South Line and East-West Line, further boosts connectivity, providing seamless connectivity to the Central Business District and other essential areas. Don’t miss out on the opportunity to experience the perfect combination of convenience and connectivity at Novo Place Tengah.
The tender for 11 Whitley Road will close on February 12, so interested parties are advised to act quickly.