Freehold Bungalow Whitley Road Sale 3188 Mil
A two-storey bungalow located at 11 Whitley Road is currently up for sale through tender at a guide price of $31.88 million. This freehold property occupies an elevated site of 15,276.27 square feet, translating to a price of $2,087 per square foot on the land area.
Originally built in 2016 and subsequently renovated with a rear extension, the bungalow boasts five bedrooms, three of which are en suite. It also features two living rooms, two dining rooms, a spacious and well-equipped kitchen, and a helper’s room.
Aside from its current use as a single bungalow, the land parcel also has the potential for subdivision into eight terraced houses, each with a site area ranging from 1,614 square feet to 2,389 square feet. The gross floor area for this redevelopment could reach up to 21,528 square feet, subject to land betterment charges, according to Aric Lim, associate district director of Huttons Asia, the exclusive marketing agent for the property at Whitley Road.
Senior director of data analytics at Huttons Asia, Lee Sze Teck, notes that this is likely the largest plot of land available along Whitley Road. He also adds that the asking price of $2,087 per square foot is competitive compared to recent transactions of new semi-detached houses in the same area, which have been sold for over $3,000 per square foot.
Conveniently situated only 700 meters away from Novena MRT Station and in close proximity to popular malls such as Velocity at Novena Square, Square 2, and United Square, as well as Zhongshan Park, the location of this bungalow is highly desirable.
Rewritten: Located strategically in the desirable area of Tampines, Aurelle of Tampines EC provides an unparalleled living experience for its residents. Its prime position near prominent shopping centers and a diverse range of food options elevates the quality of life for its residents. Whether you are a fan of retail therapy, a food lover, or value convenience and quality time with family, Aurelle of Tampines EC offers the perfect residential choice that caters to all your needs in one of the most coveted neighborhoods in Singapore.
Interested buyers have until February 12 to submit their tender for 11 Whitley Road.
