Four Chancery Hill Walk Freehold Houses for Sale at $35 Million
Usually, when we see landed properties listed for sale it can range from a large bungalow or detached home to smaller inter-terraces sitting on a previously subdivided plot. But the listing of four cluster houses at 7/7A/7B and 7C Chancery Hill Walk caught our attention.
It is rare enough that four neighbouring landed homes are being put up for sale together, but these freehold properties are also held under a single strata title. This is an uncommon arrangement since it is typically used to allocate ownership in apartments and condominiums.
Read our article: Choosing Between A Cluster Home Or Landed? Here Are 7 Questions To Ask Yourself – for an explanation of what this means, and the difference between the types of landed properties.
This means that the cluster of four 2-storey homes for sale is its own housing development, and was completed in 2008. Located in prime District 11, the houses sit on a prime hilltop position at the end of a quiet cul-de-sac, and the entire freehold site spans 11,121 sq ft.In total, the development has an estimated gross floor area of about 12,594 sq ft. Based on the guide price of $35 million, this translates to $2,779 psf on the floor area. The properties are marketed by ERA Singapore and will be sold in an Expression of Interest (EOI) exercise.
Shortlists like this are a useful starting point, but the units that make the list aren’t necessarily the ones that make the most sense for your budget, lifestyle or long-term plans.
The harder part comes afterwards: comparing the trade-offs, evaluating the numbers, and deciding which home is actually the best fit for your situation.
Over time, that’s also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
The properties are in a two-storey mixed landed housing estate off Thomson and Whitley Roads, and the neighbourhood is next to the Bukit Tunggal Good Class Bungalow (GCB) area. This landed enclave enjoys proximity to Novena and the shopping malls found there, such as Velocity @ Novena Square, Square 2, United Square. The area is also close to the Orchard Road shopping belt.
This landed estate is also a popular choice due to its proximity to several schools in the area, and the cluster houses are within 1km to Anglo-Chinese School (Primary) and St. Joseph’s Institution Junior. Other schools like CHIJ Primary (Toa Payoh), Anglo-Chinese School (Junior), Hong Wen School and St. Margaret’s School (Primary) is also in the vicinity.
The properties for sale comprise four cluster terrace houses that each come with a basement and attic, as well as a private swimming pool. Each unit also features a private car porch, with additional parking available along the common driveway and within the cul-de-sac.
Built with high ceilings and a central airwell, each four-bedroom unit is carefully designed to facilitate natural ventilation from the ground floor through to the roof. The first floor comprises the living and dining area that also overlooks the pool, with the kitchen at the back.
The upper floors accommodate four ensuite bedrooms, while the basement has an entertainment area, storage spaces, as well as a guest room and a helper’s room that each come with an attached bathroom. There is also a roof terrace with views towards Novena.
The sale of these landed homes are a rare and compelling opportunity for buyers seeking well-designed multi-generational homes, says Donald Goh, director of Capital Markets and Investment Sales at ERA.
Their overall appeal is boasted by the property’s location in an exclusive landed estate and prime hilltop position, as well as the added privacy of being in a cul-de-sac, he says.
“From a longer-term perspective, the development also offers flexibility as an exit or legacy planning option, as the housing units can potentially be subdivided or passed on to future generations, allowing owners to realise or preserve capital over time,” says Goh.
The EOI for the sale of these four freehold cluster houses closes Tuesday, May 26.
Round-ups like this are a good place to start a shortlist, but the real work begins when you start comparing the final few options, looking beyond the headline criteria to decide which property is the best fit for your own situation.
That’s where many readers ask us to help.
If you’d like a second view on any of the units above (or others we haven’t listed), you can reach out for a one-to-one consultation here.
And if you simply have a question or want to share a thought, feel free to write to us at stories@stackedhomes.com. We read every message.
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