Three-storey semi-detached in Bedok South on the block for $3.65 mil
A 99-year leasehold semi-detached residence is going to appear on the block at SRI’s coming 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 cost of $1,203 psf.
In 2024, two other 99-year leasehold landed residential properties within the Kew Vale estate were sold. One of the most current transaction was the sale of a three-storey semi-detached house around Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, reflecting a land price of $1,398 psf.
A mortgagee sale, this will be the very first time that the property will be marketed through auction. The house will be presented with vacant possession.
The residence has a level space of 4,436 sq ft over three grounds. 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 include six bedrooms, a family spot and a stockroom. The residential property even includes a car porch and a backyard area.
Numerous schools are also located near the property up for public auction, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary.
Mok adds that in terms of land cost, the real estate’s guide rate of $1,203 psf is one of the lowest available in the place. URA caveats show that the property last changed hands in November 2021 for $3.19 million ($1,051 psf).
The different 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.
According to Mok Sze Sze, handling associate of auctions and sales at SRI, prospective clients might have the possibility to switch a few of the open areas into additional bedrooms, making the property ideal for extended or multi-generational families.
Rates of 99-year leasehold, semi-detached properties in the Kew Vale estate have expanded in the last few years. According to URA Realis, 7 semi-detached homes were sold 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 in between 2021 and 2022.
The area stands nearby primary motorways such as East Coast Parkway (ECP) by means of Bayshore Road and will be served by the upcoming Bedok South MRT Station around the Thompson-East Coast Line the moment it opens up in 2H2026.
