Rare corner-terrace home in Serangoon Gardens for sale at $7.5 mil

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Nestled in the residential neighbourhood of Serangoon Gardens in District 19 is a rare corner-terrace home that embodies both comfort and potential. This single-storey home, occupying a land size of 3,700 sq ft, is currently on the market for $7.5 million ($2,027 psf).This property has been owner-occupied since its inception, diligently maintained by the original owner to ensure its move-in-ready condition. The property sits on a 999-year lease, and the existing house offers a practical layout,

), two companies with proven track records. These firms can design and provide drone footage and visuals of construction progress - thus eliminating the usual worry and stress associated with rebuilding.

One of the unique selling points of this property is its expansive 11.3-meter frontage, a significant improvement on the standard 8.2 meters commonly seen in this locale. The house is strategically positioned on a tranquil Hythe Road stretch, away from the bustling Hythe Road/Kensington Park Road junction, offering an added layer of privacy and peace to its residents.

This corner-terrace home is well-priced given the local real estate trends. In December 2021, the highest transacted price per square foot along Hythe Road was $2,138 psf for 63 Hythe Road. Moreover, the average prices for landed properties in Serangoon Gardens Estate have surged by 203% over the last 15 years. This far outpaced the 148% growth rate for overall landed properties in Singapore, indicating the unique appeal and potential for investment in this neighbourhood.

Source: News Formal (newsformal.com)

 

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