The next property auction hosted by Knight Frank on May 18th will feature a rare opportunity – a 3,240 sq ft, five-bedroom unit at Northwood in District 27. This is an amalgamation of two adjoining units of 1,604 sq ft (two bed) and 1,636 sq ft (three bed-plus-study). The ground-floor unit is being sold as-is at a guide price of $3.24 million.

Northwood is a freehold condo on Jalan Mata Ayer, off Sembawang Road. The condo has 140 units of two- to four-bedroom units that range in size from 1,130 sq ft to 2,293 sq ft. The most expensive unit sold here was a 2,228 sq ft four-bedder for $2 million ($898 psf) in May 2021. Prices have climbed steadily over the past few years, from about $835 psf in April 2014 to $954 psf last month.

JCube in Jurong East set to close in August to make way for 40-storey JCube Condo Residence development with commercial JCube Residence space and linked to nearby MRT stations, integrated transport hub and upcoming residential launches in the vicinity.

The condominium has a range of amenities and is surrounded by two landed neighbourhoods primarily comprising three-storey mixed landed and semi-detached houses. Some of the nearby amenities are the Chong Pang City, Khoo Teck Puat Hospital and Yishun Community Hospital. Yishun MRT Station on the North-South Line is also close by, while the schools in the vicinity include Jiemin Primary School, Yishun Secondary School and Yishun Innova Junior College.

Buying this five-bedroom unit is a rare opportunity, as such large units at Northwood are limited to four-bedders. Even at the nearby leasehold project, Euphony Gardens, the largest units are three- and four bedroom units that range from 1,023 sq ft to 2,454 sq ft.

For those interested in this unique offering, they must be aware that the unit has to be purchased together due to the amalgamation. In total, the combined unit features a living and dining room, two kitchens, two en suite master bedrooms, three common bedrooms, a study room, two common bathrooms, two utility rooms and a shared PES with a ground floor private enclosed space.

Don’t miss this rare opportunity to own a five-bedroom unit at Northwood. It is set to be auctioned on May 18th, with a guide price of $3.24 million. With a steady increase in price over the past few years, this may provide a great chance for property investors.