Semi-detached house near Orchard Road up for tender

TUE, NOV 24, 2020

FIONA LAM


A FREEHOLD two-storey semi-detached house at 61 Jalan Kelawar has been offered for sale by tender, marketing agent Knight Frank Singapore said on Monday.

Offers are expected at around S$7.8 million, which translates to about S$2,529 per square foot (psf) based on the site area of 3,100 square feet (sq ft).

The property is located within a residential enclave near the Orchard Road shopping belt. On foot, it is about 10 minutes to both Orchard MRT station and the upcoming Orchard Boulevard MRT station.

Ian Loh, Knight Frank Singapore's head of capital markets for land and building, collective and strata sales, said there continues to be "very strong interest for high-end homes and landed houses".

In the third quarter of this year, wealthy buyers snapped up more than 540 landed homes, marking the strongest quarterly figure since Q2 2018, according to data from OrangeTee & Tie.

Knight Frank's Mr Loh added that landed homes in close proximity to Orchard Road are rarely available, so he expects the property to attract keen interest.

The house is regular in shape and has a nine-metre frontage along Jalan Kelawar. The tender will close at 3pm on Dec 22.