Two semi-detached houses in Braddell Heights on the market for $12.3 mil

A pair of semi-detached houses in the Braddell Heights landed estate in District 13 has been launched for sale via Expression of Interest (EOI), announced marketing agent Savills Singapore. The properties sit on a combined freehold plot of 11,136 sq ft, and have a guide price of $12.28 million, which translates to a land rate of $1,100 psf. The houses are also available to be sold separately on an ‘as is’ basis.
Located at 22 & 24 Jalan Lateh, off Sommerville Road, the rectangular-shaped plots have a 247.6 sq ft frontage and a 473.6 sq ft depth. The site is zoned for two-storey mixed landed residential use under the 2014 Master Plan. The properties could be redeveloped into a pair of detached or semi-detached houses, or a row of three terrace houses, that have a gross plot ratio of 2.072. Currently, the two houses have a built up area of about 5,000 sq ft each.
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The two semi-detached houses have a guide price of $12.28 million (Credit: Savills Singapore)
The landed estate mainly comprises low-density landed homes on freehold or 999-year tenure. The area is served by the Serangoon MRT and Bus Interchange, and nearby malls include Serangoon NEX and the upcoming Woodleigh Mall.
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The scarcity of freehold landed plots with redevelopment potential in well-established neighbourhoods mean they are an attractive property purchase among middle- and upper-middle income Singaporeans, says Suzie Mok, senior director of Investment Sales at Savills Singapore.
The EOI closes on Feb 18.