A prime opportunity awaits with the auction of a freehold semi-detached house at Paya Lebar Crescent, listed at a guide price of $6.88 million. This asking price translates to approximately $1,530 per square foot, based on the property’s generous lot size of 4,496 square feet. Given the current dynamics of the real estate market, this property stands out not only for its size and pricing but also for its modern amenities and strategic location.
The semi-detached house spans three stories and boasts ten bedrooms, making it an ideal choice for large families or those seeking ample living space. Rebuilt approximately ten years ago, the property is reported to be in good move-in condition, alleviating the need for immediate renovations or extensive repairs. Buyers looking for a home that combines comfort with modernity will find this property particularly appealing.
Inside, the house features a spacious living hall and a separate dining area, which are designed to accommodate both family gatherings and entertaining guests. The presence of both dry and wet kitchens adds practicality to the home, allowing for versatile culinary activities. Additionally, the inclusion of a lift facilitates easy access to all three floors, catering to residents of varying ages and mobility levels.
The location of the property enhances its appeal significantly. Situated within 1km of prestigious educational institutions such as Maris Stella High School and Paya Lebar Methodist Girl’s School (Primary), it is ideally positioned for families with school-aged children. Such proximity to top schools not only provides convenience but also adds to the property’s long-term value, as educational facilities are a key consideration for homebuyers in Singapore.
The auction is scheduled for June 25, 2025, and is being conducted by SRI, a reputable auction house known for its expertise in the property market. Recent sales in the vicinity indicate a robust and competitive real estate environment, suggesting that potential buyers may face stiff competition during the auction process.
The area has shown promising growth and demand, further solidifying the investment potential of this semi-detached house.
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News Source: Edgeprop
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