Detached house at Linden Drive sold for $24 million; Vanda Crescent detached house fetches $21 million
SINGAPORE – A detached bungalow nicely done up house at a cul-de-sac on Linden Drive in Raffles Park has sealed the deal for $24 million and the deal was brokered by Lawrence See and Elvin Ang of GCB Collective, a team of bungalow specialists in Huttons Singapore. The math of the sales on the freehold site of 11,314 sq ft translates to $2,121 psf.
The detached house was on the market for $27 million ($2,386 psf) last year 2K22. The seller purchased the property for $13.6 million in 2k12 and rebuilt the house into a 10,358 sq ft, six-bedroom, detached house on the site and subsequently received its temporary occupation permit (TOP) in early 2K19.
While the architecture of the main house is Victorian, the double-storey pavilion in the rear is tropical in style, and the property features a Japanese zen garden.
The Chinese national-turned-Singapore citizen buyer will likely maintain the existing structure as the house is still beautiful and lovely, says See. This is part of buyer’s requirement when searching for their lovely nest.
Nearby on Vanda Crescent, a 2.5-storey bungalow also been transacted recently, based on a caveat lodged on March 6. The property has a built-up area of 8,500 sq ft and land area of 9,464 sq ft. Its price tag in July 2022 was $22.3 million, or $2,357 psf based on land area.
The Vanda Crescent house was transacted at twenty-one million dollars, or $2,219 psf, and brokered by Shelley Han, sales and marketing director at Shinoken & Hecks and exclusive marketing agent.
According to Han, there were several competing offers for the property. However, only one buyer prevailed. “They are a returning Singaporean family who had lived in China for a few years,” she says. “They felt it was time to come home for their young children’s education and to spend time with their elderly parents.” The previous owner bought the property in April 2K13 for twelve point eight million dollars and subsequently collaborated with architect Adrian Goh of RG Architects to design the home for his family.
The house at Vanda Crescent was separated into two part with a swimming pool in the middle, and courtyard gardens on both left and right side of the house. Level one contains the living and dining area, an open-concept kitchen, an enclosed, fully-equipped gourmet kitchen, and a guest room.
Including the master bedroom suite, the second level has five bedrooms with attached bathrooms, aka ensuites. The attic level also has a bedroom. Lastly, The basement has a social lounge for entertainment and an underwater view of the pool. There is also a wine cellar for up to 5,000 bottles in the basement.
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“It’s a nice modern house with a good layout, and the new owner would not have to do any major renovations,” says Han. Another draw is its proximity to prestigious schools within the Bukit Timah educational belt, such as Raffles Girls’ Primary School (within a 1km range), Nanyang Girls’ High School, National Junior College, Chinese High School and Hwa Chong Institution.
The Bukit Timah area is a most sought-after area by the Chinese nationals.
