Three houses in Holland Road area going for under $10 mil each

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December 25, 2018 12:00 PM SGT
Three houses at Holland Road in prime residential District 10 have been put up for sale. Marketed by Singapore Realtors Inc (SRI), the three properties — two bungalows and one semi-detached house — are priced below $10 million each.
The roof terrace at 52 Greenleaf View is where the current owners do most of their entertaining (Credit: SRI)
Boutique developer Link (THM) bought a plot of land in the Holland Road area in 2016 and built four new properties on it — two bungalows and two semi-detached houses. Bruce Lye, managing partner of SRI, says both the semi-detached houses, at 3 and 3A Greenleaf Drive, were sold in October within two weeks of marketing, at around $2,500 psf.
The two freehold bungalows, 442A and 442B Holland Road, were designed by Universal Akitek and completed a month ago. They are now available for sale, with SRI as the marketing agent.
442A Holland Road is a single-storey, detached house, with a land area of about 4,474 sq ft and built-up area of 1,483 sq ft. It was soft-launched last month, and carries a price tag of $8 million ($1,788 psf). It contains two en suite bedrooms with timber flooring, a living and dining room with Volakas marble finishing, as well as a kitchen. The front porch has space for two cars. The buyer has the option to tear down the existing structure and redevelop it into a new 2½-storey bungalow with a basement like the one next door at 442B Holland Road, says SRI’s Lye. The construction cost is estimated to be another $2.5 million to $3 million.
A family staying in the Ewart Park Good Class Bungalow (GCB) area, two streets away from Holland Road, has expressed interest in the property, says Lye. “The parents are planning to buy it for their son, who has visited the property twice.”
On the weekend of Dec 1 and 2, SRI launched the adjacent detached house at 442B Holland Road for sale with an asking price of $9.98 million ($2,243 psf). Likewise, there have been expressions of interest in the property, and negotiations are ongoing, says Lye.
442B Holland Road is a bungalow with 2½ storeys and a basement. It has a land...