Freehold corner semi-detached house in Mayflower Gardens selling from $5 mil

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The property has great value in terms of psf price, at $1,198 psf to $1,246 psf.

The two-storey house will be put up for auction on May 26 , located in District 20’s Ang Mo Kio area, is up for auction on May 26. The property is an estate sale, according to Tricia Tan, deputy director of auction and sales at Knight Frank Singapore, who is handling the auction.The property has a guide price ranging between $5 million and $5.2 million, which translates to $1,198 psf to $1,246 psf based on the land area of 4,174 sq ft.

The house sits on an elevated corner land plot located at the juncture between Mayflower Rise and Mayflower Avenue. It has a wide frontage of approximately 24m. Tan says the property — originally built in the 1970s — is an ideal candidate for A&A works or redevelopment, given the plot size and frontage. Under the 2019 URA Master Plan, the land is zoned for three-storey mixed landed housing. “The property has a huge garden, which would be great for family gatherings, al fresco dining and entertaining, or a swimming pool,” she adds.The house has a built-up area of 3,200 sq ft. The first floor boasts a spacious living and dining area.

Tan believes the property will generate interest, given that landed homes in District 20 are rarely up for sale. At Mayflower Gardens, only three properties have changed hands in the last 12 months based on caveats lodged. In April of last year, a detached house on

 

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