This exquisite one-story home, set on a vast plot of land, beautifully merges the elegance of the past with the comfort and style of modern living, exemplifying refined living.
Nestled in the tranquil Braddell Heights Estate of Serangoon in District 13, a rare and coveted corner lot bungalow on Muswell Hill is available in the market. The enchanting single-storey home, positioned on a sprawling 12,471 sqft land plot, is a testament to refined living, combining the grace of bygone days with contemporary comfort and modern living. For the discerning buyer, this rare freehold property is up for sale via an expression of interest (EOI) exercise at a guide price of $19 million (i.e. $1,523 psf).
The property stands out for its magnificent double frontage along both Muswell Hill and Dunsfold Drive, a feature that grants it an imposing presence and uninterrupted views. The location is a part of a detached-only landed zoning, ensuring low density, tranquillity, and unparalleled privacy, a genuine rarity in our bustling city.
This home is a beautiful juxtaposition of old and new, having retained its old-world charm while embracing modernity. Extensive renovations were carried out in 2015, breathing new life into the 4,479 sqft built-up area. The careful modernisation has ensured that the home is equipped with contemporary comforts without compromising its timeless appeal.
Location is everything, and this bungalow's position within Braddell Heights Estate is a significant advantage. It offers easy access to top-ranking educational institutions such as Nanyang Junior College, First Toa Payoh Primary School, and St. Gabriel's Primary School, all within a 1KM radius. Furthermore, Lorong Chuan MRT station is just a 12-minute walk away, providing seamless connectivity to the rest of the city. For drivers, the property provides easy access to both the Central Expressway (CTE) and Pan Island Expressway (PIE), connecting residents to the city and beyond.
The pricing of this unique property is not just reflective of its size and location. It offers a multitude of opportunities for potential buyers. Developers may consider sub-dividing the large land plot and selling it as different units. Alternatively, a single owner could transform it into a multi-generational living space, perfect for large families desiring proximity while retaining individual living spaces.
The bungalow market in D13 has seen a remarkable growth of 50% from 2012 - 2023, keeping pace with the growth of bungalows in D9, D10 & D11 at 51%. This trend signals the robust demand for such properties and makes this bungalow an excellent investment opportunity.
Johnny and Kevin Chia of OrangeTee & Tie Pte Ltd, the sole marketing agents for this property, notes that large plots of above 10,000 sqft in the Braddell Heights Estate are tightly-held. “This bungalow was passed down to the current owners from their parents, and altogether they have held the property within their family for more than 60 years.” says Johnny, OrangeTee Top 10 Transactor in 2022. “There have only been 12 transactions done since 2013, for plots larger than 10,000 sqft in this precinct.” adds Kevin, OrangeTee Top 11 Transactor in 2022.
This corner lot bungalow on Muswell Hill is more than just a home; it's a lifestyle statement. Its generous size, strategic location, and the seamless blend of classic charm with modern amenities make it an inspired space waiting to be claimed.
Check out this video tour of the property by Wen Jia Property.
The EOI will close at 4pm on 13 August 2023.
For more information,
Contact JOHNNY CHIA | 93898989
SENIOR ASSOCIATE DIRECTOR (R046929J)
OR
Contact KEVIN CHIA | 96199109
SENIOR ASSOCIATE DIRECTOR (R046855C)
ORANGETEE & TIE PTE. LTD.