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

The real property is situated a 9-minute stroll from Tanjong Katong MRT Station, offering access to the Thompson-East Coast Line. It sits inside 1km of Tanjong Katong Primary School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.

“Very not often does such an exceptional real property had by the similar family for close to a century become available for sale,” says Mary Sai, executive director, capital markets, Knight Frank Singapore. She adds: “This conservation bungalow, which is incredibly well maintained and located on a large plot dimension, is a trophy property in the much-coveted East Coast location”.

The Myst Condo Singapore

The freehold heritage real estate in District 15 rests on a 32,052 sq ft corner plot around Mountbatten Road and Crescent Road. The overview cost converts to a land price of $1,700 psf.

As a result of the size of the estate and double road front there are three entrances that facilitate entry, 2 along Mountbatten Roadway and one along Crescent Road. Originally built in 1851, the façade of the real estate shows Colonial, Victorian and Art Deco building styles.

“This property is not only rich in historic worth, but it’s intrinsic aesthetic charm is like fine art; an unique opportunity for a classy customer to add an extraordinary real estate to their portfolio,” says Nicholas Keong, head of home and private office at Knight Frank Singapore.

The tender for the sale closes up on April 2.

Based resale information, the final transacted bungalow in the area was 759 Mountbatten Roadway which yielded $29 million (1,391 psf) when it was marketed in April 2022. Knight Frank research indicates that the mean rate of estate landed estates in District 15 has expanded from $1,764 psf in 1Q2022 to $2,094 psf in 4Q2023.

The seven-bedroom home also comprises a family room, living hall, formal dining room, team quarters, and a parking space. It additionally has an outdoor tea yard, a koi fish pond, and a greenhouse. According to Knight Frank, brand-new expansions to the property are possible, based on authorization.

A two-storey conservation bungalow around Mountbatten Road gets on the marketplace for $54.5 million, according to the advertising and marketing agent Knight Frank.

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