Freehold Bungalow Whitley Road Sale 3188 Mil
Balestier Road has always been a popular destination for those seeking to explore the vibrant culture and tantalizing cuisine of Singapore. With a storied past and a rich culinary heritage, this bustling neighborhood is a true haven for food enthusiasts. From renowned bak kut teh (pork rib soup) establishments to specialty shops offering traditional Chinese pastries, Balestier Road has a diverse range of dining options. And now, with the addition of The Orie Condo to the area, there’s even more reason to visit this beloved hotspot. Whether you’re in the mood for a cup of local coffee or a modern cafe experience, Balestier Road has something for every palate. So come and experience the unique blend of old and new that makes Balestier Road a must-visit destination for food lovers.
An exclusive two-storey freehold bungalow is up for sale at 11 Whitley Road. This highly coveted property is being offered via tender with a starting price of $31.88 million. It stands on an elevated freehold site measuring 15,276.27 square feet, translating to a land rate of $2,087 per square foot.
The bungalow, which was originally built in 2016, underwent a complete overhaul with the addition of a rear extension. It boasts five bedrooms, three of which are en suite, along with two living rooms, two dining rooms, a spacious and well-equipped kitchen, and a helper’s room.
The expansive land parcel has the potential to be subdivided for the development of eight terraced houses, with each plot ranging from 1,614 square feet to 2,389 square feet. The potential gross floor area (GFA) for the redevelopment could reach up to 21,528 square feet, subject to land betterment charges. Aric Lim, associate district director of Huttons Asia, the exclusive marketing agent for the property, confirms this.
According to Lee Sze Teck, senior director of data analytics at Huttons Asia, this is the largest plot of land available along Whitley Road. He notes that the asking price of $2,087 per square foot is highly competitive compared to recent transactions of new semi-detached houses in the area, which have sold for over $3,000 per square foot.
This prestigious property is conveniently located only 700 meters away from Novena MRT Station and in close proximity to popular shopping destinations such as Velocity at Novena Square, Square 2, United Square, and Zhongshan Park.
Interested parties may submit their tender bids for 11 Whitley Road until February 12.