Two-storey conservation bungalow along Mountbatten Road selling for $54.5 mil

The seven-bedroom bungalow also comprises a family room, living hall, formal eating area, team quarters, and a carport. It even has an exterior tea yard, a koi pond, and a greenhouse. According to Knight Frank, brand-new expansions to the real estate are possible, based on approval.

“Very seldom does such an exceptional property had by the same family for nearly a century become readily available to buy,” states Mary Sai, executive supervisor, capital markets, Knight Frank Singapore. She includes: “This preservation home, that is incredibly well preserved and positioned on a huge plot measurements, is a trophy possession in the much-coveted East Coast location”.

The property is positioned a 9-minute stroll from Tanjong Katong MRT Terminal, providing accessibility to the Thompson-East Coast Line. It positions within 1km of Tanjong Katong Primary School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School.

Lentor Mansion price

The freehold ancestry property in District 15 rests on a 32,052 sq ft side plot around Mountbatten Road and Crescent Road. The overview cost translates to a land price of $1,700 psf.

Based resell data, the last negotiated cottage in the place was 759 Mountbatten Roadway which yielded $29 million (1,391 psf) when it was offered in April 2022. Knight Frank research indicates that the mean price of estate landed properties in District 15 has expanded from $1,764 psf in 1Q2022 to $2,094 psf in 4Q2023.

Due to the size of the estate and double road front there are three entrances that assist in access, two throughout Mountbatten Roadway and one along Crescent Road. Initially built in 1851, the façade of the property shows Colonial, Victorian and Art Deco building designs.

“This building is not only rich in historic value, however it’s intrinsic visual charm resembles fine art; an unique possibility for a high-end buyer to add an amazing real estate to their portfolio,” claims Nicholas Keong, head of non commercial and private workplace at Knight Frank Singapore.

The tender for the sale closes up on April 2.

A two-storey conserving bungalow along Mountbatten Road goes on the marketplace for $54.5 million, according to the advertising agent Knight Frank.

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