999-year leasehold land at Jalan Arif for sale at $6.7 mil

20 February 2024

Photo of semi-detached house at Jalan Arif (Source: Huttons Asia)

A rare 999-year leasehold semi-detached house along Jalan Arif in Kovan will be put up for sale via auction on 28th February 2024.

The Kovan neighbourhood is one of Singapore’s most popular landed residential enclaves, well-sought after by both investors and homebuyers.

Due to the progressive gentrification of the area over the past decade, new private condos, trendy cafes and restaurants have opened in the area, catering to a younger and more affluent crowd. Top schools in the area include Paya Lebar Methodist Girls’ School, Rosyth School and Holy Innocents’ High School.

The subject property sits on a regular-shaped 5,573 sq ft land and has a wide frontage of approximately 12 m. It is suitable for addition and alteration or redevelopment. The asking price is $6.7 million or $1,200 psf on land.

James Wong, Head of Sales & Auction at Huttons Asia Pte Ltd said: “This is a rare opportunity for buyers seeking inter-generational living to acquire a good-size piece of land with a wide frontage in a popular residential enclave at Kovan.”

“Semi-detached homes are seldom available for sale in this neighbourhood. In the past one year, only 1 semi-detached house on a 2,347 sq ft land was transacted at $1,998 psf. This shows the exclusiveness and desirability of the neighbourhood,” concludes Lee Sze Teck, Senior Director of Data Analytics at Huttons Asia Pte Ltd.

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For further information, please contact:

James Wong, Head, Sales & Auction, R017407Z
Tel: +65 9113 3113 | Email: [email protected]
Huttons Asia Pte Ltd (Licence No: L3008899K)

Geri Ang, Director, Corporate Account, Sales & Auction, R006232H
Tel: +65 8443 0486 | Email: [email protected]
Huttons Asia Pte Ltd (Licence No: L3008899K)