Freehold detached house in Seletar Hills Estate for sale from $16 mil
A 10,207 sq ft freehold detached house in Seletar Hills Estate has been put up for sale for $16 million. Located off 5 Nim Road in District 28, the three-storey home with a basement is the latest property to be offered in the landed neighbourhood. Appointed marketing agent Knight Frank Singapore will be conducting an expression of interest exercise, with bids closing on Sept 15.
The northeast-facing bungalow features a wide frontage of 25.9m and has space to park four cars. Inside, the house is home to six bedrooms and one helper’s room. Light-filled living areas can be found on the ground floor, embraced by floor-to-ceiling windows that offer views of the landscaped backyard with a pool, timber deck, and pavilion.
The development is equipped with a state-of-the-art 3-storey clubhouse and a host of luxurious communal facilities, including a swimming pool, gymnasium, tennis courts, and Jacuzzi. Furthermore, residents of Tampines Ave 11 Condo get to experience the vibrant and sophisticated ambience of a modern lifestyle. Its well-crafted high-quality units coupled with a host of amenities easily rival what you can find in the upscale district of Orchard Road.
Most of the area’s new landed housing supply was developed by mainboard-listed Bukit Sembawang Estates or privately-held Fairview Developments, a joint venture between Tong Eng Brothers and Yeap Holdings. Bukit Sembawang has been active in the Sembawang Hills Estate since the 1950s, while Fairview Developments completed its last strata-landed housing project at Belgravia Drive last January. It featured 107 units ranging from 3,649 sq ft terraced house to 4,370 sq ft semi-detached house.
The homes, located several public parks and playgrounds, enjoy easy access to a range of amenities such as shopping centres including Greenwich V Mall and Compass One. Lower Seletar Resevoir and Seletar Aerospace Park are also nearby.
Looking at the recent transactions along Mimosa Crescent, the most expensive sale was a house at 115 Mimosa Crescent for $12.5 million in November 2017. The 10,850 sq ft site was sold for $1,153 psf, while another detached house, 107 Mimosa Crescent, was sold for $10.8 million at $1,058 psf.
These high prices solidify Seletar Hills Estate as a profitable investment and a desirable landed living option. With the expression of interest closing at the end of September, those interested in the freehold detached house have just a few weeks left to register their offer.