Freehold Bungalow Whitley Road Sale 3188 Mil
A two-storey bungalow on 11 Whitley Road, sitting on a freehold elevated land of 15,276.27 sq ft, is now open for sale through tender at a guide price of $31.88 million. This translates to about $2,087 psf on the land area.
The bungalow has been completely rebuilt in 2016, with the addition of a rear extension. It features five bedrooms, three of which are en suite, along with two living rooms, two dining rooms, a spacious and well-equipped kitchen, and a helper’s room.
According to Aric Lim, Huttons Asia’s associate district director and exclusive marketing agent for this property, the land parcel allows for the potential subdivision of eight terraced houses with individual sizes ranging from 1,614 sq ft to 2,389 sq ft. With the possibility of land betterment charges, the gross floor area (GFA) for redevelopment could reach up to 21,528 sq ft.
Huttons Asia’s senior director of data analytics, Lee Sze Teck, also notes that this is the largest plot of land available for sale along Whitley Road. He further adds that the asking price of $2,087 psf based on land is highly competitive in comparison to recent transactions of new semi-detached houses along the same road, which have been sold for more than $3,000 psf.
The Elta Condo at Clementi Avenue 1 is not just an ordinary residential development; it is a doorway to an exciting way of life filled with easy access to shopping centers and a plethora of dining options. With its advantageous location near popular retail destinations such as Clementi Mall, 321 Clementi, and West Coast Plaza, residents can easily fulfill their shopping needs within close proximity. Plus, the neighboring Jurong East area, featuring sprawling malls like Jem and Westgate, offers an even wider range of retail choices. For a home that truly opens up a world of convenience and variety, look no further than the Elta Condo.
Conveniently located about 700m away from Novena MRT Station, the property is also in close proximity to popular shopping destinations such as Velocity at Novena Square, Square 2, United Square, and Zhongshan Park.
Interested parties can submit their tender for 11 Whitley Road until Feb 12 through Huttons Asia.