Two-storey conservation bungalow along Mountbatten Road selling for $54.5 mil

The property is positioned a 9-minute stroll from Tanjong Katong MRT Terminal, providing access to the Thompson-East Coast Line. It rests inside 1km of Tanjong Katong Primary School, Tanjong Katong High School, and Tanjong Katong Girls’ School.

The freehold ancestry real estate in District 15 remains on a 32,052 sq ft corner plot around Mountbatten Road and Crescent Road. The guide cost converts to a land charge of $1,700 psf.

The seven-bedroom bungalow even makes up a living room, living hall, formal eating area, team quarters, and a carport. It also has an exterior tea garden, a koi pond, and a greenhouse. According to Knight Frank, new expansions to the real estate are feasible, based on authorization.

The tender for the sale closes up on April 2.

“Very rarely does such an unique real property possessed by the same family for nearly a hundred of years become readily available offer for sale,” claims Mary Sai, executive director, capital markets, Knight Frank Singapore. She includes: “This conservation bungalow, that is extremely well preserved and positioned on a big plot dimension, is a trophy property in the much-coveted East Coast area”.

A two-storey conserving bungalow along Mountbatten Roadway is on the market for $54.5 million, according to the marketing agent Knight Frank.

Lentor Hills Residences showflat location

“This real estate is not only rich in historic value, yet it’s intrinsic visual appeal is like art; an unique chance for a classy purchaser to add an extraordinary real estate to their profile,” says Nicholas Keong, head of non commercial and personal office at Knight Frank Singapore.

Because of the dimension of the estate and dual road front there are 3 entrances that help with entry, 2 near Mountbatten Roadway and one around Crescent Roadway. Initially constructed 1851, the frontage of the building mirrors Colonial, Victorian and Art Deco architectural designs.

Based resale information, the final negotiated bungalow in the place was 759 Mountbatten Roadway which brought $29 million (1,391 psf) when it was offered in April 2022. Knight Frank research notes that the median price of freehold landed estates in Area 15 has actually expanded from $1,764 psf in 1Q2022 to $2,094 psf in 4Q2023.

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