Former Kew Lodge, a freehold landed residential site located at Kheam Hock Road in District 11, Singapore, has been sold en bloc to Aurum Land, a subsidiary of Woh Hup, for $66.8 million. This sale, which closed on May 23, marks the first collective sale since the implementation of new cooling measures in April. Aurum Land's bid, which exceeded the guide price by 5%, translates to a land price of approximately $1,940 psf. The 34,433 sq ft site, comprising 11 townhouses, is zoned for "Residential/ two-storey mixed landed" use under the URA 2019 Master Plan, offering significant redevelopment potential for luxury bungalows, semi-detached houses, or terrace houses.
Factsheet
| Project Name | Former Kew Lodge |
| Developer | Aurum Land (Woh Hup) |
| Tenure | Freehold |
| No. of Units | 10 residential units |
| Address | Kheam Hock Road
(D11 – Newton / Novena) |
| Property Type | Condo |
| Plot ratio | 1.4 |
| Site Area | 21,281 sq ft |
| GFA | 29,794 sq ft. |
| Est. Launched Date | 2H2023 |
Unit Mix
| Unit Type | Size | No of Units |
| 1-bedroom | TBA | TBA |
| 2-bedroom | TBA | TBA |
| 3-bedroom | TBA | TBA |
| 4-bedroom | TBA | TBA |
| 5-bedroom | TBA | TBA |
| Penthouse | TBA | TBA |
KEY SELLING POINTS
1. Freehold Tenure: Offers long-term investment security.
2. Prime Location: Situated at Kheam Hock Road in District 11.
3. Attractive Land Price: Sold for $66.8 million, translating to approximately $1,940 psf.
4. Redevelopment Potential: Zoned for "Residential/ two-storey mixed landed" use, ideal for luxury bungalows, semi-detached houses, or terrace houses.
5. Developer's Vision: Aurum Land plans to broaden its scope into the landed property sector, with bespoke design services for discerning buyers.