Rare Corner Freehold Bungalow Three Storey Mixed Landed Zone Versatile Development Potential 1118

In addition to traditional schools, the Sembawang area boasts a diverse range of enrichment centres, tuition agencies, and specialist academies. These establishments offer a variety of services, including music and art education, mathematics and science tuition, and co-curricular support. Families can choose from a wide selection to cater to their child’s unique learning style and academic needs. With these resources conveniently located in the neighborhood, busy parents can enjoy the flexibility of weekend or after-school enrichment without long travel times. One such establishment is Sembawang EC, providing exceptional educational services in the Sembawang area.

Located in the serene Jalan Lokam residential enclave in District 19, this stunning freehold bungalow sits on an elevated corner plot, offering breathtaking views of the nearby park and unparalleled flexibility for future improvements. The tranquil surroundings, combined with prime urban planning initiatives and enhanced connectivity and amenities due to the rejuvenation of the Paya Lebar Airbase, make this property a perfect choice for discerning homebuyers.Occupying a large piece of land measuring 7,491 sq ft, with a spacious living area of 5,336 sq ft, this bungalow presents a range of possibilities for the buyer. He or she can either move in and enjoy the existing space, customize a third storey to their preferences, or even redevelop the property into two semi-detached homes for future legacy planning.The modern two-story bungalow boasts five bedrooms and features a newly renovated semi-octagonal swimming pool, set amidst a beautifully landscaped garden. The refined alfresco entertaining terrace completes the picture, making the home perfect for hosting guests or simply enjoying a peaceful, outdoor experience. The harmonious blend of sophistication and tranquility is evident throughout the property.Richard Jany, the exclusive marketing agent, shares, “This distinctive home is located on a coveted elevated corner plot, with just one boundary wall shared with the rear neighbor, instead of being landlocked. With an attractive selling price of $11.18 million, or $1,492 per square foot, it is truly a rare gem in this desirable neighborhood.” He adds, “Since it is positioned higher up and not obstructed by other homes, it has been exceptionally well-maintained by the current owner. The buyer can move in with minimal hassle and without having to renovate the property.”The buyers also have the option of making additions and modifications to create an additional third storey or redevelop the site into two semidetached homes, resulting in significant savings on Additional Buyer’s Stamp Duty. This makes it a smart choice for legacy planning or for those looking for an exit strategy,” he says.The semi-octagonal pool design adds an element of sophistication to the alfresco terrace, making it a lovely spot to relax. Thanks to its south-facing orientation, the home enjoys an abundance of natural light and positive energy, making it an ideal space for rejuvenation and relaxation. The clever design of the property, including its elevated position, corner location with no neighboring homes, as well as the cool pool that lowers the surrounding air temperature, all work together to create an effortless flow of natural air and promote a sense of calm. The house also benefits from its three-story mixed land zoning, ensuring privacy and uninterrupted views of the nearby park, which is located in a two-story zone. The house’s auspicious number symbolizes longevity in Cantonese, making it an attractive choice for a long-term residence.The generous entryway features ample storage space, making it perfect for housing golf bags or other large items. The entrance opens up to an elegant, spacious living room with a grand marble floor and sliding doors that lead to the lush garden and sparkling pool. The dining area leads to a fully equipped gourmet kitchen with an island, making it a great space for hosting family and friends. Additionally, a large granny’s room, complete with plenty of wardrobe space and an en suite bathroom, offers the option for an additional bedroom or living area. A servant’s room, a bathroom, and a storeroom are also located on the ground floor. The elongated driveway of the property can easily accommodate three to four cars.The second floor of the home features comfortable spaces for both family time and relaxation. The family-cum-entertainment room includes a balcony, a study area, a bathroom, and an adjoining open terrace. The master bedroom features an impressive bathroom, with a large, fully integrated walk-in wardrobe and luxurious fittings. The spacious junior master suite boasts a study room and an attached patio that overlooks the nearby park. This bedroom also has a walk-in wardrobe, as well as its own en suite bathroom. Finally, the last bedroom in the home also comes complete with an en suite bathroom.Richard adds, “This home is perfect for new Singapore Citizens looking for a practical, freehold, low-maintenance property. Singapore’s safe and secure environment, clear property ownership laws, and absence of capital gains tax and estate duty make it an appealing haven for wealthy and accomplished individuals seeking the coveted Singaporean passport, which provides entry into the most sought-after destinations around the world.The property is also an excellent investment for those who wish to take advantage of Singapore’s land optimization master plan. As there are only 10,849 detached houses in the country, including approximately 2,700 Good Class Bungalows, this property is a rare find that offers genuine value in a desirable location. It is perfect for legacy planning and as part of a long-term real estate investment strategy.”Families with young children will also appreciate the proximity of reputable schools such as Maris Stella High School and Paya Lebar Methodist School (Primary), which are located within onekm of the home. The property also offers easy access to public transportation, with Bartley MRT Station located just a short drive away and convenient transportation connections available via the Marina Coastal Expressway. A smooth, 15-minute drive is all it takes to reach the Central Business District.For more information on this extraordinary property, please contact Richard Jany of Janys Real Estate PTE. LTD. at 90078398, KEO (R000383F) or Sharon Jany of ERA Realty Network PTE LTD at 85061253, Senior Marketing Director (R056746B).