La Salle Street bungalow for sale at $22 mil

March 15, 2023



A freehold bungalow at 22 La Salle Street, off Frankel Avenue in District 15, is on the market with an asking price of $22 million, or $1,991 psf on the land area.

The house sits on an 11,050 sq ft site. It is on an elevated plot, which allows the upper levels of the house to have unobstructed views of its surroundings. Based on caveats lodged, the owners purchased the property in May 2007 for $7.72 million ($699 psf).

The owners tore down the original house on the site — a two-storey detached house built in the early 2000s — to build a new two-storey bungalow with a basement and attic. Completed in 2015, it has a built-up area of 19,000 sq ft. The house was designed by Khairudin Saharom, principal and director of Kite Studio Architecture, who is on URA’s “20 under 45” list of emerging architects. The house has six en suite bedrooms, including a master suite on the attic floor. It also has a private cinema, multiple family areas, helpers’ quarters, a lift and a car porch that can fit eight cars.

"Given the house's recent completion and contemporary design, the future owner needs to do minimal work before moving in," says Tan Hong Boon, executive director of JLL Capital Markets. The new owner would therefore save on renovation costs and be able to move in more quickly. “Building a new house of such a size will be very costly at today's construction costs and can easily take more than a year or even a couple of years to complete, during which time you may need to pay for alternative housing,” he adds.

More at: https://www.edgeprop.sg/property-new...ow-sale-22-mil