Strata Semi Detached Parkwood Collection Mortgagee Sale 42 Mil
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The upcoming August auction by SRI will feature a strata semi-detached house at Parkwood Collection, located in the residential area of Hougang. This three-storey, five-bedroom house will be offered with vacant possession at a guide price of $4.2 million, translating to a price of $931 psf based on its floor area of 4,510 sq ft.
This will be the second time that the 99-year leasehold property will be put up for sale via auction, after previously appearing in SRI’s June auction at the same guide price. The first floor of the house features an open-plan living and dining area, as well as wet and dry kitchens, a bathroom, and a yard. The second and third floors comprise of four en suite bedrooms, while the attic offers a fifth bedroom, a common bathroom, a library, a family room, and an open roof terrace. The property also includes a lift access to all levels, including the basement, which has a helper’s room, a toilet, and a private carpark.
Part of the 53-unit strata-landed housing project by UnitedLand Development, Parkwood Collection comprises of 50 semi-detached and three terraced houses. The project was completed in 2022 and is located on Lorong 1 Realty Park, off Upper Serangoon Road and Hougang Avenue 2 in District 19. It is conveniently situated within walking distance to Hougang MRT Station on the North-East Line, with lifestyle hubs such as Hougang Mall, The Midtown, and Buangkok Square Mall just a stone’s throw away.
According to URA caveats, the most recent sale of a semi-detached house at Parkwood Collection was on April 22, when a 6,469 sq ft unit was sold for $5.5 million ($850 psf). An earlier transaction in December last year saw a 4,510 sq ft property sold for $4.112 million ($912 psf). For those interested in owning a property at Parkwood Collection, check out the latest listings and ask Buddy for more information.