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

The seven-bedroom home also consists of a living room, living hall, formal dining room, team quarters, and a carport. It also has an outside tea garden, a koi fish pond, and a nursery. According to Knight Frank, brand-new extensions to the property are feasible, based on authorization.

“Very not often does such a distinct property owned by the similar family for almost a hundred of years become available for sale,” claims Mary Sai, executive supervisor, capital markets, Knight Frank Singapore. She includes: “This preservation bungalow, that is unbelievably well preserved and positioned on a big plot size, is a trophy property in the much-coveted East Coast location”.

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

The Arden showflat location

The freehold ancestry building in District 15 sits on a 32,052 sq ft corner plot along Mountbatten Road and Crescent Road. The overview price converts to a land rate of $1,700 psf.

The tender for the sale finalizes on April 2.

“This real estate is not just rich in historic value, but it’s inherent visual appeal is like art; an once-in-a-lifetime chance for a classy customer to add an extraordinary real estate to their profile,” claims Nicholas Keong, head of residential and private workplace at Knight Frank Singapore.

Based resale information, the last negotiated bungalow in the place was 759 Mountbatten Roadway which fetched $29 million (1,391 psf) when it was marketed in April 2022. Knight Frank research indicates that the typical price of estate landed properties in District 15 has increased from $1,764 psf in 1Q2022 to $2,094 psf in 4Q2023.

Due to the size of the estate and dual roadway front there are 3 gateways that assist in access, 2 near Mountbatten Roadway and one near Crescent Roadway. Initially built in 1851, the façade of the building shows Colonial, Victorian and Art Deco architectural designs.

A two-storey conserving bungalow near Mountbatten Roadway goes on the market for $54.5 million, according to the marketing realtor Knight Frank.

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