Savills Singapore, as the exclusive marketing agent, is proud to offer for sale a freehold semi-detached house at Goodman Road, located within the prestigious District 15. The sale will be by way of an Expression of Interest (EOI) exercise.
The semi-detached house sits on a freehold plot of approximately 4,271 square foot (sq ft) and enjoys prominent frontage of approximately 8.5 metres along Goodman Road. The property plot is regular and has plot depth of approximately 46 meters, which allows for maximum design efficiency.
Under the 2019 Master Plan, the site is zoned “Residential, two-storey semi-detached”. It is in immediate move-in condition, which allows for the incoming buyer to do a full redevelopment or addition and alteration works to suit their needs.
The site is easily accessible via the East Coast Park Expressway and other major arterial roads. It is also close by the Central Business District.
Furthermore, the property’s immediate vicinity is expecting further enhancement in connectivity with the upcoming Tanjong Katong MRT station (TE25) on the Thomson – East Coast Line scheduled to be completed by 2024.
Esteemed educational institutions such as Tanjong Katong Primary School, Tanjong Katong Girls’ School, Chung Cheng High School and Dunman High School are within 1 to 2 km from the property.
With the immediate neighbourhood predominantly surrounded by private landed bungalows, the property maintains its exclusive status while also enjoying unparalleled convenience, being located in close proximity to a wide array of amenities. This includes the popular East Coast Park/Beach, East Coast Lagoon Food Village, East Coast Seafood Centre, Parkway Parade, Kallang Wave Mall and the East Coast Road shophouses, which host a broad and eclectic range of local and international retailers offering an extensive selection of products.
Ms. Yap Hui Yee, Senior Director of Investment Sales & Capital Markets at Savills Singapore, shares: “Demand for landed residential homes remains strong in Singapore. This is evident as the landed property price index has registered a growth of 8.9% year-to-date (Based on Urban Redevelopment Authority quarterly figures released from Q1 2022 to Q3 2022). Many high-net-worth individuals and families are constantly on the lookout for well-located properties - given the positive outlook of the asset class and desire to purchase properties for wealth preservation and legacy planning.”
Ms. Yap adds, “This is a rare opportunity for a buyer to acquire a sizeable freehold residential plot within an affluent district at a palatable quantum. Given the limited supply of these landed plots and the rarity of them coming up for sale, we expect strong demand from owners residS$9.6 millioning within the enclave.”
The guide price for the property is , translating to approximately S$2,247 per square foot on land area. The site will be sold on vacant possession.
The Expression of Interest (EOI) for the property will close on Thursday, 12 January 2023, at 3pm.