Freehold bungalow on Kew Drive on the market for $18 mil

A freehold bungalow at 26 Kew Drive in District 16, with a guide price of $18 million or $1,252 psf on land, is up for sale via tender. The 14,376 sq ft elevated site is designated for a mixed-landed development of up to three storeys, potentially subdivided into two plots of 6,200 sq ft and 7,400 sq ft, subject to URA’s approval. Offering panoramic views of Bedok Town, the city and the sea, the property is a seven-minute walk from the upcoming Integrated Transport Hub and a five-minute drive to Siglap Community Club. It is also within 1km of Temasek Primary School and Temasek Secondary School. Located not far from Bagnall Court, the 43-unit condominium which was sold en bloc in January to a consortium led by Roxy-Pacific Holdings for $115.28 million, the tender for this property will close on April 14 at 2.30pm.

Situated in District 16, 26 Kew Drive, a freehold bungalow, is up for sale via tender with a guide price of $18 million, or $1,252 psf on the land area. The property occupies a 14,376 sq ft elevated site that is designated for a mixed-landed development of up to three storeys. The tender for this house will close on April 14 at 2.30pm.

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Potentially, the land can be subdivided into two plots of around 6,200 sq ft and 7,400 sq ft. This is subject to Urban Redevelopment Authority’s (URA) approval.

Located not far from Bagnall Court, a condominium with 43 units, which was sold en bloc in January to a consortium led by Roxy-Pacific Holdings for $115.28 million, this property offers panoramic views of Bedok Town, the city and the sea.

Just a seven-minute walk away is the upcoming Integrated Transport Hub that connects to the city and various parts of Singapore. Furthermore, it is a ten-minute walk from Bedok Food Centre and a five-minute drive from Siglap Community Club, home to retail outlets such as a Sheng Siong Supermarket, a McDonald’s, and Anytime Fitness gym.

The property is also within 1km of two schools, Temasek Primary and Temasek Secondary.

Recent sales transactions of landed properties on Kew Drive, according to EdgeProp Research tool, indicate that this property is in a great location for buyers.

All this makes this property a great investment for buyers looking for a home close to amenities and transport hubs as well as schools. The tender for 26 Kew Drive closes on April 14 at 2.30pm.