On July 25, ERA will offer a sought-after freehold condo on Holland Road, Verdure, a magnificent 1,733 square foot, four-bedroom duplex. This ground-floor wonder promises luxury and comfort in a prime location at a competitive $3.38 million ($1,950 psf).
Accessible from a private lift lobby reaching the top floor, the duplex has a unique arrangement. Here separate dry and wet kitchens, a large living and dining room, an en suite master bedroom, two more bedrooms, and a common bathroom. On the lower level, another en suite bedroom faces a pleasing outdoor terrace.
Fascinatingly, last month this unit was first put on auction under the same guide price but was taken off without any bids. URA notes that the property was originally purchased for $2.53 million ($1, 457 psf) in January 2021. Verdure only saw one resale transaction this year: a 1,744 square foot three-bedroom penthouse sold for $3.55 million ($2,036 psf).
On the third floor of a 1,066 square foot, two-bedroom apartment sold August for $1.97 million ($1,849 psf), another interesting purchase in 2023. These figures show the great demand and value for the constructions of this development.
See: Norwood Grand by CDL
Senior advisory group division director at ERA and marketing agent for this auction Kenny Neo notes that the owners are upgraders ready to see the value of their house to support their next house purchase. Their need has driven them to look for a buyer straight away.
Neo underlines, “The guide price of $3.38 million, or $1,950 psf, reflects the value of this property at a competitive price.” In response to the roomy layout, which has a master bedroom, two rooms for children, and extra space for entertainment or a home office, several possible buyers—especially families—have also drawn in already.
Comprising 75 units with penthouses ranging from 1,711 sq ft to 2,260 sq ft and two- to four-bedroom units ranging from 947 sq ft to 1,656 sq ft, Verdure was finished in 2012. Six five-bedroom semi-detached houses between 3,552 square feet and 3,918 square feet also fit in with the development.
Verdure’s prime location allows close proximity, within a 2km radius, to several major schools, including Nanyang Primary School, New Town Primary School, and Queenstown Primary School. It also sits near the energetic F&B and entertainment venues of Holland Village and Dempsey Hill as well as the renowned Holland Park Good Class Bungalow Area.
This auction presents a unique opportunity to own a stunning duplex in one of the most sought-after neighborhoods of Singapore. Because of its strategic location, roomy layout, and reasonable price, this feature at Verdure is a great investment for discriminating consumers trying to enhance their living experience. Miss the July 25 bidding chance for this incredible house!
