Four new semi-detached houses in Novena for sale, priced from $7.2 mil each
Residents of JCube Residence Capitaland can look forward to many leisure and entertainment options in the vicinity, such as the nearby Jurong East Swimming Complex, Jurong East Sports & Recreation Centre and the upcoming Lakeside Village. Other developments in the vicinity include the upcoming $2.5 billion JEM integrated development, directly above Jurong East MRT Station.
At JCube Residence Capitaland, there is an eclectic mix of retail, dining and lifestyle options for the discerning resident. Residents can look forward to an extensive list of amenities in the development, such as a swimming pool, gym and steam room. Future residents of JCube Residence Capitaland can expect to be part of a vibrant and dynamic neighbourhood.
The four semi-detached houses in Bo Seng Avenue and Whitley Road present a rare investment opportunity in Singapore to own a brand-new landed property. PropNex Realty is marketing the sale of four newly completed semi-detached houses on Bo Seng Avenue and Whitley Road in prime District 11. Situated in a two-storey, mixed, landed housing area off Thomson Road, the four houses are part of a newly developed private landed housing project that comprises six semi-detached homes. Henry Benjamin Lim, head of Good Class Bungalows and prestige landed at PropNex, explains that this presents a rare investment opportunity in Singapore to own a brand-new landed property.
The properties are well suited to multi-generational family living, with five bedrooms and a helpers’ room in each two-storey-plus-attic development. Furthermore, there is also a basement floor with car-parking space and an internal lift. Prices for the four homes range from $7.2 million to $8.2 million, translating to an approximate land price of $3,227 psf to $3,500 psf.
Lim notes that this is relatively comparable to recent transactions in the vicinity, at Chancery Lane, Jalan Novena, and Mount Rosie, with prices ranging from $3,200 psf to $4,456 psf. He attributes this to the scarcity of landed homes amidst stable demand. The entire landed project is expected to receive its temporary occupation permit (TOP) in June next year.
He further shares that those buying the properties are likely doing so for estate planning and wealth preservation due to the importance of owning a landed property. With two of the units at 8 and 10 Bo Seng Avenue having already been sold, the remaining houses are located at 4 and 6 Bo Seng Avenue, as well as 101 and 103 Whitley Road.
The land size of the four semi-detached houses ranges from about 2,174 to 2,342 sq ft, with a built-up area ranging from 4,043 to 4,684 sq ft. “We expect the scarcity of landed homes amidst stable demand to continue to help underpin prices. Therefore we anticipate that the four semi-detached homes in Bo Seng Avenue and Whitley Road will draw interest from local buyers, particularly those looking for spacious homes for multi-generational family living,” says Lim.