Freehold detached house at Branksome Road for sale at $10.8 mil

He believes that the upcoming auction of the Branksome Road house is likely to draw keen interest from homebuyers, due to its prime location and attractive guide price of $2,456 psf on land area.

Huttons Asia will be putting up a freehold detached house at Branksome Road, off Tanjong Katong Road in Singapore’s District 15 for auction on March 15. Coming with an outdoor area featuring a swimming pool, the two-storey house has a land area The Myst of 4,398 sq. ft. and a floor area of 4,581 sq ft, along with a guide price of $10.8 million, which is equivalent to $2,456 psf.

James Wong, Huttons Asia’s head of sales and auction, highlights the property’s highly coveted, landed residential location close to East Coast Park. He also emphasizes the area’s convenient transport access, citing that a 12-minute drive to Changi Airport via East Coast Parkway (ECP) is possible, while Raffles City and Raffles Place (CBD) are only 10 and 14 minutes by car respectively via Nicoll Highway and ECP.

Lee Sze Teck, Senior Director of Research at Huttons Asia, explains that District 15’s landed property values have been on the rise courtesy of progressive gentrification and the Thom-East Coast line construction. He refers to a recent sale of a 25,680 sq ft. freehold property in Wilkinson Road, which achieved an impressive land rate of $2,161 psf with a selling price of $55.5 million.

With its prime location and attractive guide price, Mister Teck believes that the upcoming auction of the Branksome Road house is likely to attract a large number of homebuyers.

Mister Teck’s analysis is echoed by recent sale transactions in the vicinity. A quick look at EdgeProp Research tool reveals a three-bedroom unit at The Heliconia for sale at $1.72 million, a one-bedroom unit at #1 Suites auctioned for $725,000 and a corner terraced house at Ming Teck Park for sale at $6 million.

All in all, the Branksome Road house is an ideal opportunity for those seeking a landed residence in a sought-after area at an attractive price.