Three-storey semi-detached in Bedok South on the block for $3.65 mil
The various deal was the sale of a three-storey terraced residence taking up a 2,300 sq ft plot along Kew Drive. The property changed hands for $3.26 million ($1,417 psf) in January.
Numerous colleges are also situated close to the property up for public auction, including Temasek Primary and Secondary Schools, Bedok South Secondary and Bedok View Secondary.
The area rises close to major 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 second it opens in 2H2026.
The property has a floor space of 4,436 sq ft over three grounds. 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 consist of 6 rooms, a family spot and a storeroom. The property even consists of a car porch and a backyard area.
Mok adds that in terms of land price, the real estate’s guide price of $1,203 psf is one of the most affordable available in the area. URA caveats show that the property last altered hands in November 2021 for $3.19 million ($1,051 psf).
In 2024, two other 99-year leasehold landed properties within the Kew Vale estate were offered. One of the most recent purchase was the sale of a three-storey semi-detached residence along Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, reflecting a land rate of $1,398 psf.
According to Mok Sze Sze, managing associate of auctions and sales at SRI, prospective investors may have the possibility to convert a few of the open areas into additional rooms, making the property perfect for expanded or multi-generational families.
Costs 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 residences were marketed in 2023 and 2024 at a standard land price of $1,213 psf. This is up from the average land rate of $1,002 psf throughout seven transactions at the estate between 2021 and 2022.
A mortgagee sale, this will be the first time that the residence are going to be marketed via auction. The house will be shown with uninhabited ownership.
A 99-year leasehold semi-detached house will develop on the block at SRI’s coming auction on March 15 with an overview cost of $3.65 million. The three-storey property occupies 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.
