Freehold bungalow on Kew Drive on the market for $18 mil

March 21st, 2023

A freehold bungalow located at 26 Kew Drive, in District 16, is being offered via tender at an asking price of $18 million. The 14,376 sq ft site has been designated for a mixed-landed development of up to three storeys and could potentially be subdivided into two plots of 6,200 sq ft and 7,400 sq ft subject to approval from URA. Situated at an elevated point in its locality, the property offers views of Bedok Town, the city, and the sea and is just a seven-minute walk from the upcoming Integrated Transport Hub.

The property is also a five-minute drive from Siglap Community Club, with retail offerings including a Sheng Siong Supermarket, a McDonald’s and an Anytime Fitness gym. Moreover, 26 Kew Drive lies within 1km of both Temasek Primary and Secondary Schools.

The incredible property boasts many advantages and is the perfect opportunity for investors and developers alike. Damien Lim and Poly Ng of OrangeTee & Tie, who are marketing the property, say it offers great potential with a fantastic location.

Recent sales transactions of landed properties on Kew Drive also show promise, with more and more people investing in the area. The tender for 26 Kew Drive will close on April 14 at 2.30pm.

The site is proving popular and is sure to attract plenty of attention. Despite being a little further away from the centre of Singapore, it’s an impressive property and offers the chance for the purchaser to make the most of its potential.

Map and overview of 26 Kew Drive (Source: EdgeProp LandLens)

For investors and developers on the lookout for a great opportunity, 26 Kew Drive could be just what they’re looking for. Located off Upper East Coast Road in District 16, the 14,376 sq ft property offers potential for a mixed-landed development of up to three storeys, subject to URA approval. It is a ten-minute walk from Bedok Food Centre and boasts panoramic views of Bedok Town, the city and the sea.

In addition, 26 Kew Drive is just a seven-minute walk from the upcoming Integrated Transport Hub, with a five-minute drive to Siglap Community Club where there are a variety of shops and amenities available. The property is also within 1km of both Temasek Primary and Secondary Schools.

Recent sales transactions of landed properties on Kew Drive (Source: EdgeProp Research Tool) suggest that this could be a great deal, and the property is sure to draw plenty of attention. With a guide price of $18 million, or $1,252 psf on the land area, the tender for 26 Kew Drive will close on April 14 at 2.30pm.

Check out the latest listings near Kew Drive, Temasek Primary School, Temasek Secondary School.

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