Three-storey semi-detached in Bedok South on the block for $3.65 mil
The different transaction was the sale of a three-storey terraced house occupying a 2,300 sq ft plot around Kew Drive. The property altered hands for $3.26 million ($1,417 psf) in January.
Last year, 2 other 99-year leasehold landed properties within the Kew Vale estate were offered. The most recent 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.
The house has a floor space of 4,436 sq ft over three floors. The ground level has a living hall with a double- volume ceiling, an adjacent dining area, a kitchen and a helper’s room. The upper two levels include six bedrooms, a family area and a stockroom. The property additionally includes a car porch and a backyard area.
According to Mok Sze Sze, handling associate of auctions and sales at SRI, prospective clients might have the possibility to convert some of the open areas into extra rooms, making the property ideal for expanded or multi-generational families.
Costs of 99-year leasehold, semi-detached properties in the Kew Vale estate have actually expanded in the last few years. According to URA Realis, 7 semi-detached homes were marketed 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.
Mok includes that in regards to land cost, the real estate’s guide rate of $1,203 psf is one of the most affordable available in the location. URA caveats indicate that the property last transformed hands in November 2021 for $3.19 million ($1,051 psf).
A mortgagee sale, this will be the first time that the property will be marketed by means of auction. The house will be presented with vacant possession.
A 99-year leasehold semi-detached residence will develop on the block at SRI’s upcoming auction on March 15 with an overview price of $3.65 million. The three-storey real estate takes up a 3,034 sq ft corner plot on Kew Heights in District 16. The $3.65 million price tag mirrors a land rate of $1,203 psf.
The area is located near major motorways such as East Coast Parkway (ECP) through Bayshore Road and will be offered by the upcoming Bedok South MRT Terminal around the Thompson-East Coast Line the moment it opens up in 2H2026.
A number of colleges are also located close to the property up for public auction, including Temasek Primary and High Schools, Bedok South Secondary and Bedok View Secondary.
