Three Storey Semi Detached Bedok South Block 365 Mil
A 99-year leasehold semi-detached house located in District 16 will be up for auction at SRI’s upcoming auction on March 15, with a guide price of $3.65 million. This three-storey property, situated on a 3,034 sq ft corner plot in Kew Heights, is priced at a land rate of $1,203 psf.This semi-detached house is being sold by the mortgagee and will be available for purchase with vacant possession for the first time at an auction. With a floor area of 4,436 sq ft spread over three levels, the property boasts a living hall with a double-volume ceiling, an adjoining dining area, a kitchen and a helper’s room on the ground floor. The upper two levels are home to six bedrooms, a family area and a storeroom. Additional features include a car porch and a backyard area.According to Mok Sze Sze, managing partner of auctions and sales at SRI, the property has potential for buyers to convert some of the open spaces into additional bedrooms, making it an ideal option for large or multi-generational families. In terms of land rate, the guide price of $1,203 psf for this property is one of the lowest in the area. Records from URA show that the property was last sold in November 2021 for $3.19 million ($1,051 psf).Two other 99-year leasehold landed properties in the Kew Vale estate were sold last year. In February, a three-storey semi-detached house situated along Kew Heights changed hands for $3.35 million, reflecting a land rate of $1,398 psf. A three-storey terraced house located on a 2,300 sq ft plot along Kew Drive was sold for $3.26 million ($1,417 psf) in January.In recent years, prices for 99-year leasehold semi-detached houses in the Kew Vale estate have shown steady growth. According to URA Realis, seven such properties were sold between 2023 and 2024, with an average land rate of $1,213 psf, compared to an average of $1,002 psf across seven transactions between 2021 and 2022.The property is in close proximity to major highways such as East Coast Parkway via Bayshore Road and will be served by the upcoming Bedok South MRT Station along the Thompson-East Coast Line, expected to open in the second half of 2026.There are also several schools located in the vicinity, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary. Interested buyers can view and compare the latest listings for Kew Vale properties on the Ask Buddy platform, which also features all recent sale transactions in the area.
Situated in a coveted location, Parktown Residence Condo offers its residents unparalleled access to a diverse range of retail options. The residential development boasts a highly desirable address, conveniently located near various shopping destinations. The integrated retail podium situated within the premises of Parktown Residence Condo is set to feature carefully curated shops, dining establishments, and essential services, further adding to the convenience of its residents. From stylish fashion boutiques and home decor stores to grocery options and upscale dining venues, the abundance of shopping options in the vicinity ensures that residents will have all their needs catered to with ease. With the addition of Parktown Residence Condo to the mix, everything one could need is easily within reach. Plus, with Parktown Residence Condo located just a stone’s throw away, convenience is truly at its finest.