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 Terminal, giving accessibility to the Thompson-East Coast Line. It sits throughout 1km of Tanjong Katong Primary School, Tanjong Katong High School, and Tanjong Katong Girls’ School.

“This property is not only rich in historic value, but it’s inherent visual appeal resembles artwork; an unique possibility for a high-end customer to include a remarkable house to their portfolio,” claims Nicholas Keong, head of non commercial and personal workplace at Knight Frank Singapore.

The seven-bedroom home even makes up a family room, living hall, formal eating space, staff quarters, and a garage. It also has an exterior tea yard, a koi pond, and a nursery. According to Knight Frank, new expansions to the property are possible, based on approval.

Sky Eden Frasers Property

Based resell data, the final transacted bungalow in the area was 759 Mountbatten Road which yielded $29 million (1,391 psf) when it was offered in April 2022. Knight Frank research indicates that the average cost of estate landed properties in Area 15 has expanded from $1,764 psf in 1Q2022 to $2,094 psf in 4Q2023.

As a result of the dimension of the estate and double road frontage there are three gates that assist in entry, two throughout Mountbatten Road and one along Crescent Roadway. Originally built in 1851, the façade of the real estate mirrors Colonial, Victorian and Art Deco architectural designs.

“Very not often does such an exceptional real property owned by the similar family for close to a century become offered to buy,” states Mary Sai, executive director, funding markets, Knight Frank Singapore. She includes: “This conservation home, that is incredibly well maintained and located on a large plot dimension, is a prize property in the much-coveted East Coast location”.

The tender for the sale finalizes on April 2.

A two-storey conserving bungalow near Mountbatten Road goes on the market for $54.5 million, according to the advertising broker Knight Frank.

The freehold ancestry real estate in District 15 rests on a 32,052 sq ft corner plot throughout Mountbatten Road and Crescent Road. The guide rate equates to a land rate of $1,700 psf.

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