While the dream of owning a luxury home in central Singapore might seem out of reach for many, the stunning semi-detached homes on Gilstead Road are making waves with starting prices at just $4.4 million. Nestled in the prestigious District 11, these freehold properties at Villas @ Gilstead offer a rare chance to own a slice of prime real estate in an exclusive enclave.
Dreaming of luxury in central Singapore? Stunning semi-detached homes on Gilstead Road start at just $4.4 million in prestigious District 11.
With floor sizes around 6,047 square feet for entry-level units, and recent transactions ranging from $4.468 million to $4.62 million, they present a compelling value, especially when the price per square foot hovers between $644 and $739. Compared to other city-fringe landed homes often exceeding $12 million, this is a deal worth a second look!
The Villas @ Gilstead development, completed in 2011 by a subsidiary of Wee Hur Holdings Ltd, comprises a cozy mix of just 2 bungalows, 10 semi-detached houses, and 6 terrace houses. Its freehold tenure secures long-term value, a big draw for buyers seeking stability in Singapore’s competitive market.
Located near the Central Business District and a short hop from the bustling Orchard Road shopping belt, the area is a magnet for affluent locals and expatriates alike. With Stevens and Newton MRT stations nearby, plus major road links, getting around is a breeze, and amenities like supermarkets and eateries are just around the corner.
These semi-detached homes, ranging up to 7,174 square feet, are built for family living with multiple storeys, spacious layouts, and room for private gardens or parking. Add in communal facilities thanks to their strata landed status, and you’ve got luxury with convenience.
For investors, rental yields are promising, with rates for similar-sized units fetching $7,200 to $8,200 monthly, translating to about $1.17 to $1.44 per square foot. It’s no wonder demand stays strong for such properties in this sought-after spot! The area has recently gained even more prestige after a condominium at 32 Gilstead Road set a new price record of S$14.543 million for a four-room unit. So, while $4.4 million isn’t pocket change, for a freehold luxury home in central Singapore, it’s an opportunity that’s hard to ignore. Who wouldn’t want to call Gilstead Road home?
