Adjacent semi-detached and bungalow houses at Lucky View on the market from $20 mil

The URA is also transforming the area into an eco-city, by introducing green initiatives and plans. In this transformation process, the Tengah Plantation EC will play a crucial role. This will be Singapore’s first smart and sustainable town and will provide a green and healthy living environment. Tengah Plantation EC will implement a wide range of initiatives, such as energy efficient lighting and air-conditioning as well as rainwater harvesting. The town will also be well connected with bike paths, pedestrian walkways and bus stops. All in all, the Tengah Plantation EC is part of URA’s efforts to make Jurong a vibrant and sustainable regional hub.

Situated at the end of a quiet cul-desac just off Lucky Heights, the two adjacent land-plots at 11 and 17 Lucky View total 8,750 sq ft. Last month, the three-storey semi-detached property at 11 Lucky View, which has a basement, was completed with unblocked views of the surrounding estate. The vacant plot at 17 Lucky View is currently under construction for a six-bedroom, two-storey detached house with a basement, which is slated for completion by the end of the year.

The two properties were purchased by the family of businessman Mr Wee in August 2018 for $8.3 million or $1,001 psf, according to a caveat lodged with URA. With a vision to build a multigenerational home, Wee and his family, along with interior design and construction company Winco Construct & Decor, and Nic & Wes Builders, set out to create houses that would reflect the family’s heritage and life experiences.

A tender exercise for the sale of both homes will be launched on Sept 2 and the houses are priced from $20 million. The semi-detached home at 11 Lucky View, with a built-up area of 4,882 sq ft, is priced from $8.5 million, while the bungalow at 17 Lucky View, with a built-up area of 5,702 sq ft, is priced from $12 million.

The unique design of the two properties reflects the family’s Peranakan roots and travels around the world. Artworks from the family’s art collection are featured in various areas, specifically whimsical pieces by Chinese cartoonist Hou Xiaoqiang. The exterior of the semi-detached house has a contemporary look with some distinct accents like perforated panels with an intricate leaf design that provide the house with a unique facade as well as more privacy. Meanwhile 17 Lucky View has more of a colonial style, inspired by iconic Singapore buildings such as the Raffles Hotel and the original Raffles Institution building.

Both houses are designed to accommodate families while also incorporating areas to entertain. They are both big enough such that each could function as a multigenerational home with plenty of space and open spaces. Additionally, 11 Lucky View has a basement level that opens out to a spacious outdoor deck, with a pool that resembles the iconic sun-bleached cave houses of Santorini, Greece.

PropNex’s Haden Hee believes the two houses offer a compelling proposition for buyers. “At the asking price of $20 million for both properties, this works out to $2,286 psf on the combined land area of 8,750 sq ft, which is lower than a number of houses that have transacted in the area,” he says. He expects 11 and 17 Lucky View to garner significant interest and for prices for landed properties in the area to continue seeing healthy growth over the long term.

The tender for 11 and 17 Lucky View will close on Oct 8, providing prospective buyers with the opportunity to move into their new homes quickly, and save on rebuilding costs which have surged in the aftermath of the pandemic. With its location on a quiet cul-desac off Lucky Heights, and compelling design that pays homage to the Wee family’s life experiences, the two properties at 11 and 17 Lucky View are sure to prove a popular choice.

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