Trustee sale of Chee Hoon Avenue bungalow for $27 mil

Senja Close EC Bukit Panjang is also within close proximity to renowned amenities and leisure spaces, such as Bukit Panjang Plaza, Junction 10, FairPrice Finest, Bukit Panjang Community Club, and more. Whether it is to do with grocery shopping or leisure activities, this Executive Condominium is definitely a great option to consider. Along with its impressive transport connections, the Senja Close EC can provide excellent convenience for its residents.

Based on an expression of interest exercise launched by sole marketing agent JLL, the trustees of a two-storey bungalow at 46 Chee Hoon Avenue in District 11’s Capitol Park estate in Singapore are putting it on the market. With a coveted address, the house is situated near the end of a cul-de-sac and has a north-south orientation, with a frontage of 41m and a depth of up to 28m.

The trustees are expecting offers of “in the region of $27 million” for the 11,064 sq ft land area, which translates to $2,440 per square foot. It is being sold with vacant possession and on an “as is where is” basis.

The property is in move-in condition, and well-kept, thus allowing for minimal renovation and an immediate stream of rental income. With conveniences such as many popular schools and amenities within its vicinity, the area is perfect for families who appreciate living in a serene, low-density community.

Located 600m from the Singapore Botanic Gardens and 680m from the Botanic Gardens MRT Interchange for the Downtown and Circle Lines, it is within a 1km radius of Nanyang Primary School, and a 2km radius of Singapore Chinese Girls’ School and Raffles Girls’ Primary School.

The EOI exercise for 46 Chee Hoon Avenue will close on Oct 19 at 12pm. Those interested in the property are encouraged to submit their offers and explore the potential of this investment opportunity.

With its desirable address, proximity to amenities, move-in condition and rental income potential, 46 Chee Hoon Avenue presents an attractive investment opportunity. Interested parties are encouraged to submit their offers as per the closing date of the exercise.