The exterior of the cluster terraced houses at Chancery Hill Walk up for sale at $35 million. (Photo: ERA Realty)
A development comprising four cluster terraced houses — located at 7, 7A, 7B and 7C Chancery Hill Walk — is up for sale via an expression of interest (EOI) exercise with a guide price of $35 million, ERA Realty, the exclusive marketing agent for the properties, says.
The strata-titled landed properties consist of two-storey terraced homes that come with a basement and attic. They occupy a freehold residential site of 11,121 sq ft, and have a combined estimated gross floor area of 12,594 sq ft. The guide price works out to $2,779 psf on the floor area and $3,147 psf on the land area.
The houses are situated on a hilltop plot, at the end of a cul-de-sac. Completed in 2008, each two-storey residence includes a basement, attic, private swimming pool, roof terrace and a private car porch that leads out to a common driveway.
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In each home, the basement features an entertainment area, storage spaces, and a guest and helper’s room. On the first floor there is a kitchen, along with living and dining areas that overlook the pool. Meanwhile, the upper floors have four ensuite bedrooms and a roof terrace with views of the Novena neighbourhood skyline.
The living area of one of the terraced house, equipped with high ceilings (Photo: ERA Realty)
ERA says the homes are “designed for tropical living”, with features such as high ceilings and a central airwell for natural ventilation from the ground floor to the roof.
The houses are located off Thomson Road in District 11, close to the Bukit Tunggal Good Class Bungalow area. Amenities within walking distance include Velocity @ Novena Square, Square 2 and United Square, which are connected to Novena MRT Station on the North-South Line. Schools such as Catholic Junior College, Anglo-Chinese School (Primary), Anglo-Chinese School (Barker Road) and St Joseph’s Institution Junior are within 1km of the asset.
The private swimming pool at one of the homes for sale (Photo: ERA Realty)
Donald Goh, director of capital markets and investment sales at ERA, says that the development is a compelling opportunity for those seeking multi-generational homes. “From a longer-term perspective, the development also offers flexibility as an exit or legacy planning option, as the housing units can potentially be subdivided or passed on to future generations, allowing owners to realise or preserve capital over time,” he says.
The EOI exercise will close on May 26 at 3pm.