Freehold bungalow on Kew Drive on the market for $18 mil

alturaqingjiannewec March 21, 2023 0

A freehold bungalow on 26 Kew Drive, off Upper East Coast Road in District 16, is being offered for sale via tender at a guide price of $18 million, representing $1,252 psf on a 14,376 sq ft land area. According to Damien Lim and Poly Ng of OrangeTee & Tie, who are marketing the property, it has potential to be subdivided into two plots of 6,200 sq ft and 7,400 sq ft, pending approval from URA.

The house is located in an elevated spot with stunning views of Bedok Town, the city and the sea. The site, which is a seven-minute walk from an upcoming Integrated Transport Hub, is also a ten-minute walk from Bedok Food Centre and a five-minute drive from Siglap Community Club, which offers amenities such as a Sheng Siong Supermarket, a McDonald’s and an Anytime Fitness gym.

With both Temasek Primary and Secondary Schools located within 1km of the property, it is an ideal abode for those with school-going children.

The tender closes on April 14, at 2.30pm.

Located within the same area, a 43-unit condominium known as Bagnall Court was sold en bloc in January to a consortium led by Roxy-Pacific Holdings for $115.28 million.

Altura EC is a Altura EC 99-year leasehold executive condominium with 375 units slated to be built in Bukit Batok West Avenue 8. A public bidding process has been initiated, with the winning bid estimated at $662 per square foot. It is conveniently located near the MRT station and numerous schools with plots priced between $580 and $650 per sq ft.

Recent sales transactions of landed properties on Kew Drive can also be observed, giving prospective buyers an idea of what to expect in the area.

For those interested to find out more about the local neighbourhood, EdgeProp’s research tool provides an extensive compilation of latest listings in the vicinity of Kew Drive, Temasek Primary School, and Temasek Secondary School.

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