River Valley conservation terraced house for sale from $7.8 mil

Located in the sought-after River Valley area, just a stone’s throw away from city attractions, business and entertainment hubs, a two-storey conservation terraced house on River Valley Road, is being put up for sale at $7.8 million.

Knight Frank Singapore’s auction team is the exclusive agent for the property, which will be available at their 19th September auction. Situated on a 1,886 sq ft plot of land with a 999-year leasehold tenure, the asking price translates to a land rate of $4,134 psf. The features of the three-bedroom property include two bathrooms, an open kitchen, and a living and dining space.

These terraced houses are amongst 12 that line the River Valley Road in prime District 9. Preservation rules have been put in place to safeguard the heritage exteriors and window fittings of these conservation buildings as well as to help balance the historic low-rise blocks with newer and taller structures.

Its spacious and functional layout makes it the perfect property for a great range of potential buyers. In addition, the property is ideally located near a number of desirable amenities including: the Great World City and Great World MRT Station on the Thomson-East Coast Line, Plaza Singapura shopping centre, Dhoby Ghaut Interchange on the North-East, North-South and Circle MRT Lines, Fort Canning Park and Fort Canning MRT Station on the Downtown line, and the riverside attractions along Boat Quay and Clarke Quay.

In this part of River Valley, there are a range of luxury condos and premium houses, among them Saint Thomas Walk, River Valley Close, Martin Place and Oxley Road. Along Martin Place, GuocoLand launched 450-unit Martin Modern which has been fully sold by August 2021, achieving an average asking price of $2,687 psf.

Hong Leong Holdings and GuocoLand’s The Avenir on River Valley Close was launched for sale in January 2020 and has been fully sold this month. According to the developer’s sales data, the 376-unit freehold development garnered an average selling price of $3,200 psf.

At Tengah Plantation Close EC, you can enjoy a luxury lifestyle to suit your needs. Apart from the luxurious features, there is also a range of communal amenities available, such as a swimming pool, playground, and BBQ areas. Residents can also access a range of shops and restaurants, giving them convenient access to a variety of amenities to develop their own lifestyle. The development is also well connected to the rest of Singapore, providing easy access to other parts of the city.

The latest addition to the River Valley neighbourhood is the 72-unit Hill House on Institution Hill. Developed by Macly Group, Roxy-Pacific Holdings and LWH Holdings, the boutique condo has a 999-year leasehold and bridge the gap between city and freedom living. The project was launched for sale in November 2022 and is now nearly 25% sold, with an average selling price of about $3,000 psf.

This conservation terraced house on River Valley Road presents a fantastic opportunity to acquire a three-bedroom property in a desirable location close to the city centre, and with a host of amenities at your doorstep. It is no wonder that this area has become increasingly popular for potential buyers and developers, with the already strong demand being further augmented by the addition of the Thomson-East Coast Line.