A freehold landed residential plot at 5 Jalan Khairuddin is up for sale via expression of interest (EOI), with a guide price of $25 million. Sitting within the Opera Estate enclave in District 15, the plot spans approximately 17,413 sq ft. Based on the land area, the guide price translates to $1,436 psf.

“Situated on elevated ground within a quiet cul-de-sac, the property offers privacy, a serene environment and unblocked views,” says Nick Chan, associate director, investment sales & capital markets for Savills, which is marketing the property.

The residential site is zoned for two-storey, mixed landed use. Savills describes it as ideal for redevelopment, offering flexibility as buyers can either construct a bespoke detached residence or explore other options. For example, they may subdivide the land or develop cluster housing, subject to authorities' approval, says the firm.

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“Its redevelopment potential will appeal to both end-users seeking a quality residence and developers looking to create a distinctive landed residential product,” adds Chan.

Nearby are the Bedok and Kembangan MRT stations on the East-West Line, with schools such as Opera Estate Primary School and St. Stephen’s School within a kilometer. Amenities such as Bedok Mall and Djitsun Mall are a short drive away.

The EOI exercise will close on Apr 22, at 3pm.