Three-storey semi-detached in Bedok South on the block for $3.65 mil
Prices of 99-year leasehold, semi-detached real estates in the Kew Vale estate have expanded in recent years. According to URA Realis, 7 semi-detached homes were offered in 2023 and 2024 at an average land rate of $1,213 psf. This is up from the average land rate of $1,002 psf throughout seven transactions at the estate between 2021 and 2022.
Several colleges are also situated near the property up for auction, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary.
The area lies near primary motorways such as East Coast Parkway (ECP) via Bayshore Road and will be offered by the upcoming Bedok South MRT Terminal throughout the Thompson-East Coast Line the second it opens in 2H2026.
The residence has a level area of 4,436 sq ft over three levels. The ground level has a living hall with a double- volume ceiling, an adjoining dining area, a kitchen and a helper’s room. The upper two levels consist of six bed rooms, a family spot and a storage room. The residential property even consists of a car porch and a backyard area.
Last year, two other 99-year leasehold landed houses within the Kew Vale estate were marketed. The most current deal was the sale of a three-storey semi-detached house near Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, reflecting a land rate of $1,398 psf.
A 99-year leasehold semi-detached house will appear on the block at SRI’s upcoming auction on March 15 with an overview rate of $3.65 million. The three-storey real estate takes up a 3,034 sq ft section plot on Kew Heights in District 16. The $3.65 million rate tag shows a land cost of $1,203 psf.
A mortgagee sale, this will certainly be the first time that the residence will be sold by means of auction. The house will be offered with unused ownership.
The different deal was the sale of a three-storey terraced residence taking up a 2,300 sq ft plot around Kew Drive. The property altered hands for $3.26 million ($1,417 psf) in January.
According to Mok Sze Sze, handling partner of auctions and sales at SRI, prospective purchasers might have the opportunity to switch some of the open areas into added bedrooms, making the property suitable for expanded or multi-generational families.
Mok includes that in regards to land rate, the real property’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).
