Freehold semi-detached at Upper Thomson for sale at $7.2 mil

Located in District 20 along Jalan Belibas, off Upper Thomson Road, a two-storey semi-detached house is now up for sale at Edmund Tie’s auction on 25 October, with a guide price of $7.2 million (about $2,123 psf). It was purchased in 2012 for approximately $3 million and is currently tenanted, but the lease will expire in November, so it will be sold with vacant possession.

The house is set on a freehold, rectangular plot and has a total land area of 3,391 sq ft and a built-up area of 3,200 sq ft (subject to final survey). It also offers 12.5m of frontage and is located in a cul-de-sac, providing occupants with privacy.

Moreover, its close proximity to a myriad of shopping and entertainment options makes it highly coveted by both local and international homeowners. Boasting an array of leisure activities, it is the perfect place to relax and create unforgettable memories with the family. With all these elements in play, Zion Road Condo is undoubtedly one of the most luxurious and coveted residential developments in the area.

Zion Road Condo, positioned in the core of Singapore’s lively River Valley, is a symbol of extravagance living. It catches the eye of the public with its prime area, smooth engineering plan, and unmatchable courtesies. Its incredible availability through open transportation networks and private vehicle routes performs a central function in helping it stand apart from other housing developments. This makes Zion Road Condo a perfect decision for city occupants, as it offers comfort while keeping its peacefulness and restrictive environment. Besides, the closeness to a wide exhibit of shopping and stimulation choices makes it amazingly looked for after by local and global property holders. Flaunting an assortment of recreational exercises, it is an ideal spot to unwind and appreciate remarkable occasions with your friends and family. With its various highlights, Zion Road Condo is definitely one of the most sumptuous and well known private advancements in the area.

On the first level, there is a car porch at the entrance, with a garden outside the house. Inside, there is a living or dining room, a granny’s room, a home office and an enclosed kitchen with a storeroom that leads to an open kitchen and yard area. The second floor has four bedrooms, one of which is the master bedroom with an en suite bathroom, as well as a common bathroom.

The location of the property allows for easy access to Upper Thomson MRT Station on the Thomson-East Coast Line, restaurants located on Upper Thomson Road, as well as Thomson Plaza. According to Joy Tan, head of auction and sales at Edmund Tie, the house is zoned for a two-storey semi-detached house under the URA 2019 Masterplan. As such, buyers are expected to be either owner-occupiers or developers interested in redevelopment, with the latter possibly considering additions and alterations to the existing property.

Four freehold houses in Thomson Park have changed hands this year, with the average resale price of $2,219 psf and implied rental yield of 1.4%, as per URA’s recorded rental data for the past year. From this, it is clear that the property has high potential to attract investors.