Freehold corner terraced house in District 15 on the market for $4.2 mil

May 5, 2023

A freehold corner terraced house off Tanjong Katong Road in District 15 will be on the block at Edmund Tie’s next auction on May 24. An owners’ sale, the two-storey house has a guide price of $4.2 million, and the property is on an approximately 2,770 sq ft plot, with a total built-up area of about 1,800 sq ft. The price translates to $1,516 psf on the land area.

The corner terraced house is located along Green Lane, which is bounded by Tanjong Katong Road and Lim Ah Woo Road. This entire landed estate comprises a mix of corner and inter-terrace houses along Pebble Lane, Gray Lane, Sandy Lane, and Green Lane.

According to the property listing, the subject property for sale is a two-storey house with three bedrooms and three bathrooms. The house is positioned in a North-South orientation and the site has a gross plot ratio of 1.4 based on the latest Master Plan. A benefit of the relatively spacious land size is the generous garden area beside the existing house.

Due to the original condition of the existing house, the Edmund Tie auction team recommends this as a redevelopment or addition & alteration (A&A) project for the new homeowner.

The property is about 300m from City Plaza and Kinex shopping malls in the Paya Lebar precinct. It is also about 500m from Tanjong Katong Complex and PLQ3, one of the three office towers in Paya Lebar Quarter (PLQ). PLQ also comprises PLQ Mall and the development is adjacent to Paya Lebar Square and Singapore Post Centre.

This proximity means that one of the nearest MRT stations is Paya Lebar MRT Interchange on the East-West and Circle Lines. The next closest MRT station from the property is Dakota Station on the Circle Line.

Primary schools within 1km of the house are Haig Girls School, Kong Hwa School and Tanjong Katong Primary School. Other primary schools in the vicinity include CHIJ (Katong) Primary, Geylang Methodist School (Primary), Maha Bodhi School and Tao Nan School. Nearby secondary schools include Tanjong Katong Secondary, Tanjong Katong Girls School, Chung Cheng High School, and Broadrick Secondary.

More at: https://www.edgeprop.sg/property-new...-market-42-mil