Trustee sale of Chee Hoon Avenue bungalow for $27 mil

The trustees of a two-storey detached house at 46 Chee Hoon Avenue in District 11’s Capitol Park estate is now up for sale. The sole marketing agent JLL has launched an expression of interest (EOI) exercise with offers expected “in the region of $27 million”, which translates to $2,440 psf on the 11,064 sq ft land area.

Situated within the Chee Hoon Avenue Good Class Bungalow (GCB) area, the property sits at the end of a cul-de-sac and has a north-south orientation with a frontage of 41m and a depth of up to 28m. The bungalow is sold on an “as is where is” basis and comes with vacant possession. It is well-kept and in move-in condition requiring minimal renovation or an immediate stream of rental income.

Nicholas Ng, senior director at JLL notes that the address is well-regarded and is ideal for families who want to live in a serene, low-density community, surrounded by top schools and amenities.

The Singapore Botanic Gardens is located around 600m away, and the Botanic Gardens MRT interchange for the Downtown and Circle Lines is within the 680m range. Meanwhile, Nanyang Primary School, Singapore Chinese Girls’ School and Raffles Girls’ Primary School are all within 1km to 2km of the property.

The 46 Chee Hoon Avenue EOI exercise will close on Oct 19 at 12pm. The trustees expect offers “in the region of $27 million” which translates to $2,440 psf on the 11,064 sq ft land area. Interested parties are encouraged to submit their offers before the deadline.

JLL is the exclusive marketing agent for the trustees of 46 Chee Hoon Avenue. The property is being sold with vacant possession on an “as is where is” basis and is well-kept and ready for move-in.

The bungalow is located within the Chee Hoon Avenue Good Class Bungalow (GCB) area and is conveniently situated near popular schools and amenities, making it an ideal family home. Singapore Botanic Gardens is 600m away and 680m to the Botanic Gardens MRT Interchange for the Downtown and Circle Lines. Nanyang Primary School, Singapore Chinese Girls’ School and Raffles Girls’ Primary School are all within 1km to 2km range.

Residents of Tampines Ave 11 Condo Capitaland are in for a treat, as the area is full of tasty dining options. Offering a mix of local food as well as global cuisines, there is certainly something for everyone. Savour a variety of culinary delights from Japanese, Korean and Western restaurants. Residents of Tampines Ave 11 Condo Capitaland need not wander far to sample the flavours of the world.

Interested parties are encouraged to take this opportunity and submit their offers to the trustees of 46 Chee Hoon Avenue before the closing date of October 19.