Liquidator sale of property semi-detached residence on Jalan Tanah Puteh for $7.5 mil

Revitalization Plan for Jalan Anak Bukit at Beauty World MRT station Will have 1,100 Units

A two-storey semi-detached residence on Jalan Tanah Puteh, located off Upper East Coast Road, will be put up for liquidator’s sale at SRI’s auction on May 27. The guide cost for the residential or commercial property is $7.5 million. The house rests on freehold land area of 4,513 sq ft, which suggests the guide cost exercises to $1,662 psf based on the acreage.

The double-storey house has a built-up area of 4,671 sq ft. It was finished 30 to 40 years earlier, claims SRI Auction handling partner Mok Sze Sze.

Revitalization Plan for Jalan Anak Bukit at Beauty World MRT station Will have 1,100 Units

The Reserve Residences is part of the revitalization plan for Jalan Anak Bukit. It will be a pedestrian-friendly precinct with commercial space on the lower floors. This development will bring a new look to the district and boost the beauty industry. However, there are also concerns about a lack of clarity over the exact design of the project. To avoid such concerns, the developer is encouraging the submission of more than one bidder for the project.

The Reserve Residences is expected to rise on the site of the former Beauty World MRT station. It will have approximately 1,100 units, a public transport hub, retail outlets, hawker centre and community hub. The Reserve Residences is expected to launch in the coming years. Its design is designed to incorporate public transport, public amenities, and other amenities in the area. The Reserve Residences will be an excellent choice for families with school-aged children.

The first flooring houses a large living space with a square design, which exists adjacent to the eating area. Off the eating area is an enclosed kitchen, which leads out to the service backyard.

The 2nd flooring residences the master suite as well as two various other rooms– one en collection as well as the other with a typical washroom. The property likewise has a cars and truck veranda that can fit four cars and trucks, with a backyard where the previous proprietor has actually mounted an outside deck.

Jalan Tanah Puteh is in a personal landed housing estate with a mix of terraced residences, semi-detached homes as well as bungalows that are up to 3 floors high, says SRI. It lies within the Siglap area in District 15.

Feature along Jalan Tanah Puteh rarely rise available, states SRI’s Mok, but activity has actually grabbed over the past year. The most recent purchase– the only one so far this year, based on cautions lodged– was for a semi-detached residence with a land area of 6,504 sq ft that was sold for $8.9 million ($1,368 psf) on May 9.

In 2021, an overall of four estate semi-detached houses located along Jalan Puteh was offered. On Oct 19, a residence with an acreage determining 3,497 sq ft was cost $5.8 million ($1,658 psf). On July 26, a home with an acreage of 3,306 sq ft was sold for $4.65 million ($1,407 psf), while an additional home with a land area of 3,370 sq ft transformed hands for $5.7 million ($1,691 psf) on July 15. Ultimately, a home resting on a 4,648 sq ft site area was cost $6.2 million ($1,334 psf) on May 12.

The house lies near facilities and also public transport. Besides the eateries located along Upper East Coast Road, the residential property is additionally located within a short drive of shopping malls like i12 Katong, Parkway Parade, Siglap Centre and Siglap V. East Coast Park is just a five-minute repel, while the CBD is a 15-minute drive via the East-Coast Parkway.

The home is a 10-minute walk from the upcoming Siglap MRT Station on the Thomson-East Coast Line, which is set up to be completed in 2024. It will interest households with school-going youngsters due to the fact that it is near St Stephen’s School, Temasek Primary School as well as Yu Neng Primary School.

The home sits on freehold land area of 4,513 sq feet, which implies the guide price works out to $1,662 psf based on the land location.

On Oct 19, a house with a land location gauging 3,497 sq feet was marketed for $5.8 million ($1,658 psf). On July 26, a residence with a land area of 3,306 sq ft was offered for $4.65 million ($1,407 psf), while an additional residence with a land area of 3,370 sq ft transformed hands for $5.7 million ($1,691 psf) on July 15. A home sitting on a 4,648 sq ft website location was offered for $6.2 million ($1,334 psf) on May 12.

Leave a Reply

Your email address will not be published. Required fields are marked *