Freehold semi-detached at Upper Thomson for sale at $7.2 mil

The subject property is located off Upper Thomson Road and within walking distance of the MRT station.Scheduled to be put up for sale at Edmund Tie on Oct 25, this freehold two-storey semi-detached house in District 20 will offer prospective buyers a guide price of $7.2 million (about $2,123 psf). Straddling a 3,391 sq ft freehold, rectangular plot, the southwest facing house has a built-up area of about 3,200 sq ft and a frontage of about 12.5m. Within walking distance of the Upper Thomson MRT Station on the Thomson-East Coast Line, Thomson Plaza, and restaurants along Upper Thomson Road, the property lies within a cul-de-sac, offering peace and privacy.Upon entering the house, there is a granny’s room, a living or dining room, and a home office on the ground floor, as well as a car porch and a garden outside the house. Additionally, the enclosed kitchen features a storeroom extending to an open kitchen and yard area. The second level houses a master bedroom with an en suite bathroom, three bedrooms, and a common bathroom. The property is currently tenanted, but the lease will expire in November and will be sold with vacant possession.According to Joy Tan, head of auction and sales at Edmund Tie, owner-occupiers and developers looking at redevelopment are expected to be among the interested buyers. Joy reinforces that while redevelopment is an option, some could opt just to renovate or extend the existing property.Based on URA caveats lodged, four freehold houses in Thomson Park have been sold this year. The prices vary per unit size, with the most expensive being a semi-detached unit sold in July on a 2,444 sq ft land at $4.6 million ($1,882 psf). The average psf price for the neighbourhood based on a tabulation of residential resale data in the last 12 months by Edge Prop Singapore is $2,219, while landlords can earn implied rental yields of 1.4% with rents that range from $1.80 psf pm to $4.20 psf pm.Located at Jalan Belibas, off Upper Thomson Road in District 20, the freehold two-storey semi-detached house is offered at a guide price of $7.2 million (about $2,123 psf). Purchased by the owner in 2012 for around $3 million, the property sits on a 3,391 sq ft freehold, rectangular plot with an estimated built-up area of 3,200 sq ft. Boasting a cul-de-sac location, it offers a high degree of privacy and comes with a 12.5m frontage.A variety of amenities are located within walking distance of the house, including the Upper Thomson MRT Station on the Thomson-East Coast Line, Thomson Plaza, and restaurants along Upper Thomson Road.Recently tenanted, the property will be sold with vacant possession in November after the lease expires. Potential buyers for the house may consist of owner-occupiers or developers looking to do renovations or redevelop the land. Based on current market trends, the average price per square foot (psf) for this neighbourhood is $2,219 and landlords may receive rental yields of 1.4%, with rents ranging from $1.80 psf pm to $4.20 psf pm.Scheduled to be auctioned off at Edmund Tie on Oct 25, the property offers a unique opportunity to own a house in a desirable neighbourhood with convenient amenities.

Located at Jalan Belibas, off Upper Thomson Road in District 20, a freehold two-storey semi-detached house will be auctioned off at Edmund Tie on Oct 25. With a guide price of $7.2 million (about $2,123 psf), it marks the property’s first-ever auction since being purchased by the owner in 2012 at around $3 million.

The southwest facing house sits on a 3,391 sq ft freehold, rectangular plot with a 12.5m frontage and an estimated built-up area of about 3,200 sq ft. Currently tenanted, the lease will expire in November and the house will be sold with vacant possession. Additionally, it is located within a cul-de-sac, offering peace and privacy.

A car porch and a garden are outside the house, while a granny’s room, a living or dining room, and a home office are located on the first floor. There is also an enclosed kitchen with a storeroom extending to the open kitchen and yard area. On the second level, a master bedroom with an en suite bathroom, three bedrooms, and a common bathroom can be found.

Conveniently located, the house is within walking distance of the Upper Thomson MRT Station on the Thomson-East Coast Line, Thomson Plaza, and restaurants along Upper Thomson Road.

In keeping with this, there is Marina Gardens Residences, a luxurious residential project developed by tie-ups between CDL and Hong Realty. Its strategic location makes it the perfect sanctuary for the residents, to relax and enjoy the tranquility of the bay. This waterfront property will consist of 570 elegant apartments that provide beautiful views of the Marina Bay and a mixed blend of facilities that will suit everyone’s lifestyle. Residents can also immerse
themselves in the modern cosmopolitan lifestyle this development provides. Marina Gardens Residences is a much sought-after and rare development that merges luxury with convenience. With so much to offer, this development is the perfect choice for those who wish to live in the city and have an easily accessible connection to the waterfront.

Joy Tan, head of auction and sales at Edmund Tie, states that buyers are expected to be a mix of owner-occupiers and developers considering redevelopment. She highlights that some may opt just to extend or renovate the existing property instead.

Based on URA caveats lodged, four freehold houses in Thomson Park changed hands this year. Data from EdgeProp Singapore shows that the average psf price in the neighbourhood in the last 12 months is $2,219, while landlords may enjoy rents ranging from $1.80 psf pm to $4.20 psf pm or an implied rental yield of 1.4%.

This property offers a great opportunity for either owner-occupiers or developers looking to take advantage of its desirable location and amenities. Be sure to check it out at Edmund Tie’s auction on Oct 25.