Three-storey semi-detached in Bedok South on the block for $3.65 mil
A number of schools are also located near the property up for auction, including Temasek Primary and High Schools, Bedok South Secondary and Bedok View Secondary.
The house has a ground area of 4,436 sq ft over three floors. 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 rooms, a family area and a storage room. The house even includes a car porch and a backyard area.
The other transaction was the sale of a three-storey terraced house occupying a 2,300 sq ft plot around Kew Drive. The property changed hands for $3.26 million ($1,417 psf) in January.
A 99-year leasehold semi-detached house will appear on the block at SRI’s upcoming auction on March 15 with an overview cost of $3.65 million. The three-storey real estate occupies a 3,034 sq ft section plot on Kew Heights in District 16. The $3.65 million rate tag mirrors a land rate of $1,203 psf.
According to Mok Sze Sze, regulating partner of auctions and sales at SRI, potential buyers might have the opportunity to switch some of the open areas right into added rooms, making the property ideal for expanded or multi-generational families.
Last year, two various other 99-year leasehold landed real estates within the Kew Vale estate were offered. The most recent transaction was the sale of a three-storey semi-detached home near 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 rises near major motorways such as East Coast Parkway (ECP) via Bayshore Road and are going to be served by the upcoming Bedok South MRT Terminal around the Thompson-East Coast Line when it opens in 2H2026.
Rates of 99-year leasehold, semi-detached properties in the Kew Vale estate have grown recently. According to URA Realis, seven semi-detached residences were sold in 2023 and 2024 at a standard land rate of $1,213 psf. This is up from the average land rate of $1,002 psf throughout 7 transactions at the estate between 2021 and 2022.
A mortgagee sale, this will be the very first time that the property will be sold by means of auction. The house will be shown with uninhabited ownership.
Mok includes that in regards to land cost, the real estate’s guide cost of $1,203 psf is one of the most affordable on offer in the place. URA cautions show that the property last altered hands in November 2021 for $3.19 million ($1,051 psf).
