Liquidator sale of freehold semi-detached house on Jalan Tanah Puteh for $7.5 mil

By Atiqah Mokhtar / EdgeProp Singapore | May 26, 2022 11:02 AM SGT
The two-storey semi-detached house was put up for auction on May 27 (Photo: SRI)
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SINGAPORE (EDGEPROP) - A two-storey semi-detached house on Jalan Tanah Puteh, located off Upper East Coast Road, will be put up for liquidator’s sale at SRI’s auction on May 27. The guide price for the property is $7.5 million. The house sits on freehold land area of 4,513 sq ft, which means the guide price works out to $1,662 psf based on the land area.
The double-storey home has a built-up area of 4,671 sq ft. It was completed 30 to 40 years ago, says SRI Auction managing partner Mok Sze Sze.
The first floor houses a spacious living room with a square layout, which lies adjacent to the dining area. Off the dining area is an enclosed kitchen, which leads out to the service yard. There are also two bedrooms and a common bathroom located on the first floor. The previous owner had divided one of the two bedrooms and converted the space into an en suite home office.
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A bedroom on the upper floor of the house (Photo: SRI)
The second floor houses the master suite and two other bedrooms — one en suite and the other with a common bathroom. The property also has a car porch that can accommodate four cars, with a backyard where the previous owner has installed an outdoor deck.
Jalan Tanah Puteh is in a private landed housing estate with a mix of terraced houses, semi-detached houses and bungalows that are up to three storeys high, says SRI. It is located within the Siglap area in District 15.
Properties along Jalan Tanah Puteh rarely go up for sale, says SRI’s Mok, but activity has picked up over the past year. The most recent transaction — the only one so far this year, based on caveats lodged — was for a semi-detached home with a land area of 6,504 sq ft that was sold for $8.9 million ($1,368 psf) on May 9.
car porch - EDGEPROP SINGAPORE
The car porch of the property (Photo: SRI)
In 2021, a total of four freehold semi-detached houses located along Jalan Puteh was sold. On Oct 19, a house with a land area measuring 3,497 sq ft was sold for $5.8 million ($1,658 psf). On July 26, a house with a land area of 3,306 sq ft was sold for $4.65 million ($1,407 psf), while another house with a land area of 3,370 sq ft changed hands for $5.7 million ($1,691 psf) on July 15. Finally, a house sitting on a 4,648 sq ft site area was sold for $6.2 million ($1,334 psf) on May 12.
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The house is located close to amenities and public transport. Apart from the eateries found along Upper East Coast Road, the property is also located within a short drive of malls like i12 Katong, Parkway Parade, Siglap Centre and Siglap V. East Coast Park is just a five-minute drive away, while the CBD is a 15-minute drive via the East-Coast Parkway.
The property is a 10-minute walk from the upcoming Siglap MRT Station on the Thomson-East Coast Line, which is scheduled to be completed in 2024. It will appeal to families with school-going children because it is near St Stephen’s School, Temasek Primary School and Yu Neng Primary School.
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