Nestled in the heart of District 15, Casa Fidelio offers a unique opportunity for prospective buyers looking for freehold cluster homes in Singapore. This exclusive development features seven two-storey terraced units, all completed in 1990 and developed by Earmark Properties Pte Ltd.
Set on a generous land area of about 1,606.6 square meters, or approximately 17,293 square feet, Casa Fidelio is currently listed for collective sale with a reserve price of $24 million, which translates to $1,388 per square foot for the land area. The property is part of the first attempt at an en bloc sale by the owners, showcasing the owners' desire to capitalize on the current market conditions.
Casa Fidelio offers 17,293 square feet of land for collective sale at a reserve price of $24 million.
The property enjoys excellent accessibility, conveniently located close to major roads, including East Coast Parkway (ECP) and the Pan-Island Expressway (PIE). This strategic location allows for swift travel times to the central business district and Changi Airport. Additionally, the property is situated near numerous restaurants and lively piazzas, enhancing the overall living experience with family-friendly amenities.
Nearby MRT stations, such as Kembangan and Bedok, along with multiple bus routes, enhance its connectivity, making commuting a breeze. Residents can relish the convenience of being near daily amenities, including popular spots like Siglap Village and Bedok Mall.
For families, Casa Fidelio is surrounded by educational institutions, with highly regarded schools remarkably close by. Pupils can attend Opera Estate Primary School and St. Stephen's School, both within a short distance.
International schooling options are also available, providing diverse educational opportunities for expatriate families.
With the current property market favoring freehold land, Casa Fidelio stands out as a jewel in East Coast's highly sought-after District 15. Recent transactions in the area indicate strong demand, with neighboring properties fetching impressive prices per square foot.
This unique cluster sets itself apart in a serene residential enclave, offering not only a quiet neighborhood experience but also redevelopment potential limited only by the imagination. Against the backdrop of a projected 3% modest decline in housing prices for 2024, this property presents a compelling investment with long-term sustainability potential.
For developers keen on seizing this rare opportunity, the collective sale tender opens on March 20, 2025, and closes on April 22, 2025.
