Opportunities to acquire an amalgamated five-bedroom unit at Northwood are rare. Located in District 27 and spread across 3,240 sq ft, this unit at Northwood is offered by Knight Frank at their next property auction, with a guide price of $3.24 million on May 18.

This bank sale comprises two adjoining units that originally span 1,604 sq ft (two bedrooms) and 1,636 sq ft (three bedrooms plus study). The unit offers a living and dining room, two kitchens, two en suite master bedrooms, three common bedrooms, a study room, two common bathrooms, two utility rooms, and a shared personal enclosed space (PES). Furthermore, it enjoys access to a private enclosed space on the ground floor.

Northwood is a freehold condo on Jalan Mata Ayer and is surrounded by two landed neighbourhoods comprising three-storey mixed landed and semi-detached houses. Nearby private residential developments include the 99-year leasehold Euphony Gardens, also on Jalan Mata Ayer, and Spring Waters Villas, a new landed development comprising six semi-detached houses.

The 140-units at Northwood comprise a mix of two- to four-bedroom units ranging from 1,130 sq ft to 2,293 sq ft. Resale data reveals that prices have generally appreciated over the past few years, from about $835 psf in April 2014 to $954 psf last month.

An overview of the amenities nearby Northwood. (Map: EdgeProp)Community amenities in the area are plentiful. These include Chong Pang City, Khoo Teck Puat Hospital, Yishun Community Hospital, Yishun MRT Station (North-South Line) and Northpoint integrated development. Educational institutions close by are Jiemin Primary School, Yishun Secondary School, Yishun Innova Junior College.

The opportunity to acquire this amalgamated five-bedroom unit at Northwood is rare, especially as the largest units in the development are four bedders up to 2,293 sq ft. While the largest units at nearby leasehold project Euphony Gardens are three- and four bedroom units ranging from 1,023 sq ft to 2,454 sq ft.

This bank sale at Northwood provides a great opportunity for both investors and homebuyers alike. With the latest resale transaction priced at $1.78 million for a 1,625 sq ft four-bedder, and the most expensive unit sold thus far at $2 million for a 2,228 sq ft four-bedder, this combined unit of 3,240 sq ft at $3.24 million could be a great bargain.

Located in a residential neighbourhood and close to amenities, this property auction at Northwood on May 18 could be worth a visit.

Opportunities for larger sized properties in District 27 are rare, and the amalgamated 5-bedroom unit at Northwood is no exception. Set to go under the hammer on May 18 with a guide price of $3.24 million, this 3,240 sq ft unit comprises two adjoining units, originally a 1,604 sq ft 2 bedroom unit and a 1,636 sq ft 3 bedroom-plus-study unit.

The unit features a living and dining room, two kitchens, two en suite master bedrooms, three common bedrooms, a study room, two common bathrooms, two utility rooms and a shared personal enclosed space (PES). Additional features include a private enclosed space on the ground floor and access to nearby amenities.

Northwood is a freehold condo on Jalan Mata Ayer and is surrounded by two landed neighbourhoods comprising three-storey mixed landed and semi-detached houses. Neighbouring private residential developments include the 99-year leasehold Euphony Gardens and Spring Waters Villas – a new landed development comprising six semi-detached houses.

Local amenities in this area are plenty. They include Chong Pang City, Khoo Teck Puat Hospital, Yishun Community Hospital, Yishun MRT Station and Northpoint integrated development. Educational institutions close by are Jiemin Primary School, Yishun Secondary School, Yishun Innova Junior College.

Altura EC is an executive condominium in Bukit Batok Town offering 375 residential units. HDB has launched an auction for the project, with bids to end 8th March 2022. Located near MRT & bus interchange, and close to schools, Altura EC is an ideal spot for Altura Qingjian Realty families and commuters.

Overall, prices at Northwood have climbed steadily over the past few years, from about $835 psf in April 2014 to $954 psf last month. Last year, there were four resale transactions at the condo ranging from a 1,313 sq ft 3 bedroom unit for $1.4 million ($1,066 psf) to a 1,625 sq ft 4-bedder at $1.78 million ($1,095 psf).

Given the size of the unit, its price tag and access to local amenities, this bank sale at Northwood could be a great bargain and an attractive proposition for both investors and homebuyers. Don’t miss out on the upcoming property auction on May 18!