Three-storey semi-detached in Bedok South on the block for $3.65 mil
A mortgagee sale, this will be the very first time that the real estate will be marketed by means of auction. The house will be offered with uninhabited possession.
A 99-year leasehold semi-detached residence will develop on the block at SRI’s next auction on March 15 with a guide 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 rate tag shows a land charge of $1,203 psf.
According to Mok Sze Sze, managing partner of auctions and sales at SRI, possible purchasers may have the opportunity to switch some of the open areas into added rooms, making the property ideal for prolonged or multi-generational families.
Mok includes that in terms of land price, the property’s guide rate of $1,203 psf is one of the lowest available in the place. URA cautions show that the property last altered hands in November 2021 for $3.19 million ($1,051 psf).
Rates of 99-year leasehold, semi-detached properties in the Kew Vale estate have grown over the last few years. According to URA Realis, seven semi-detached residences were offered in 2023 and 2024 at an average land price of $1,213 psf. This is up from the average land price of $1,002 psf throughout 7 deals at the estate between 2021 and 2022.
In 2024, 2 other 99-year leasehold landed houses within the Kew Vale estate were marketed. One of the most recent purchase was the sale of a three-storey semi-detached home along Kew Heights for $3.35 million in February. It had a land area of 2,396 sq ft, showing a land price of $1,398 psf.
The different purchase was the sale of a three-storey terraced residence taking up a 2,300 sq ft plot around Kew Drive. The property changed hands for $3.26 million ($1,417 psf) in January.
The area is located close to primary motorways such as East Coast Parkway (ECP) via Bayshore Road and will be served by the upcoming Bedok South MRT Station around the Thompson-East Coast Line when it opens in 2H2026.
Several schools are also located close to the property up for auction, including Temasek Primary and High Schools, Bedok South Secondary and Bedok View Secondary.
The property 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 consist of six rooms, a family area and a storage room. The residential property also includes a car porch and a backyard area.
