Where To Find Freehold Terrace & Semi-D Landed Homes From $4.85 million In The East
Today, we’re on the second tour requested by Jordan: Carpmael Road. It’s actually very close to his first requested tour- Onan Road– but I’m giving it its own piece because the two streets felt totally different when I visited. (And I ran out of space in my first article. Ho Loon, thanks for your comment- I’ll do a more in-depth tour of specific parts of Braddell Height as requested in a few weeks’ time. I still have a few other reader-requested enclaves such as Toh estate to finish up before that!) If you want to be near a hawker centre, but not on the same street as it, Carpmael Road may be more down your alley.
Landed markets are thinner and less transparent than condo markets. Good comparables can be difficult to find, and an enclave often behaves very differently from another just a few streets away.
That’s where a second opinion can be valuable: benchmarking a specific property against comparable transactions, understanding what you’re really paying for, and weighing whether it makes sense for your own plans.
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.
Before we start the walkabout, here are the last transacted prices:
And a map of the neighbourhood for you to locate yourself:
Like Onan Road, Carpmael Road is a very long road running from Changi Road to East Coast Road but we’ll only be focusing on the section between East Coast Road and Dunman Road today. (We covered the upper part of Carpmael Road in another tour last year.)
You may have noticed that Onan Road and Carpmael Road are parallel to each other- both roads also have the same 1.4 plot ratio zoning allowing housewners to build high- so why did I do two different articles for them? Well, despite the fact that both roads have terrace houses (and that the hawker centre is located on Onan Road), Carpmael Road actually feels busier, and more cluttered. It was also more difficult to drive down, due to the haphazard way cars were parked along the street. (Unlike Onan Road, it felt like there were fewer parts of the street marked as “no parking” areas. Whether that’s a boon or bane, you’ll have to decide for yourself.)
In contrast, probably due to the hawker centre, Onan Road had more no-parking lines as well as designated street parking spots (where one has to pay to park.) This may have been why it felt more spacious and easier to traverse.
Ok now that that’s out of the way, let’s get down to business and do the walkabout tour fo the estate.
We’re going to start over at the Dunman Road end, where you can find a small URA car park- where your visitors can park if they can get a lot! (There are fewer than 10 spaces.)
I have more photos of the parking situation but I figure I’ve made my point and you’d like to see something else.
We’ve almost reached the other end of Carpmael Road now. Before we get there, we pass the Carpmael Road- Fowlie Road junction. Here you find a church with a large plot of land.
Before we end, did you notice something? There weren’t really any boutique condos here- something I liked as boutique condos in a landed enclave can make the area feel less spacious.
This brings us to the end of today’s tour. How did you find it? Let me know in the comments!
Unlike condos, there are very few true like-for-like comparisons in the landed market. Every purchase is effectively a judgement call based on imperfect comparables.
If you’d like to discuss how this applies to your own circumstances, 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.
1 Comments
Thanks for this tour! The two areas (Onan Road and Carpmael Road) do indeed feel very different.