CHEAP & UNDERVALUED TERRACE HOUSE FOR SALE
Jalan Tua Kong, Singapore
Asking Price: S$4,599,000
Land / Built-Up Area: 2,496 sqft
Price per Square Foot: Approx. S$1,843 psf
Property Type: Landed Property – Terrace House
Status: Vacant Possession
Interest: 29 Likes
Seller Profile: Highly Motivated Seller
1. Introduction
This exclusive listing presents a rare opportunity to acquire a cheap and undervalued terrace house in one of Singapore’s most established and highly desirable landed residential neighborhoods — Jalan Tua Kong.

 

 

With a competitive asking price of S$4.599 million and a generous land area of 2,496 square feet, this property stands out as an exceptional value proposition in the landed property market. At approximately S$1,843 psf, the pricing is notably attractive when compared to surrounding landed homes in the East Coast region, many of which transact at significantly higher valuations.

 

The house is sold with vacant possession, offering immediate availability for owner-occupiers or investors. Combined with a motivated seller, this listing represents a time-sensitive opportunity for serious buyers seeking long-term capital appreciation, redevelopment potential, or a comfortable landed home in a mature estate.
2. Property Overview

 

This terrace house is located in a peaceful, low-density landed enclave that offers both privacy and accessibility. The surrounding environment is characterized by quiet residential streets, well-maintained homes, and a strong sense of neighborhood exclusivity.

 

Key highlights include:
Freehold landed property (subject to individual title details)

 

Spacious land size suitable for renovation or rebuilding
Regular plot shape allowing efficient architectural planning
Vacant possession, ideal for immediate renovation or occupation
Undervalued pricing compared to nearby landed transactions
This property appeals equally to homeowners seeking a family residence and investors looking for land appreciation in a prime district.

 

3. Detailed Property Description
3.1 Land Size and Layout
With a land area of 2,496 sqft, the property offers ample space for comfortable living while still maintaining manageable upkeep. The plot size allows flexibility for interior reconfiguration, extensions (subject to regulatory approval), or complete rebuilding to maximize allowable gross floor area.
The terrace configuration ensures efficient land usage, while still providing adequate frontage and privacy from neighboring units.

 

3.2 Existing Structure
The current house structure provides a solid base for renovation. Buyers may choose to:
Carry out A&A (Additions & Alterations) works
Fully renovate the interior to modern standards
Rebuild a brand-new landed home tailored to personal lifestyle needs
The vacant status means no tenancy constraints, enabling immediate planning and construction.

 

 

3.3 Privacy and Living Environment
Unlike high-density housing, this terrace house offers a quiet and private living environment, ideal for families, professionals, or multi-generational households. Traffic flow in the area is minimal, and the street is predominantly occupied by owner-occupied homes.

 

4. Location Overview – Jalan Tua Kong
4.1 Neighborhood Character
Jalan Tua Kong is a well-established landed residential area located in the East Coast region of Singapore. Known for its tranquil charm, the neighborhood attracts homeowners who value landed living while staying close to city conveniences.

 

The area is particularly popular among:
Families seeking long-term residence
Professionals working in the CBD or eastern business hubs
Buyers looking for legacy properties with strong resale value
4.2 Accessibility
One of the strongest selling points of this location is its excellent accessibility. Major roads and expressways connect residents seamlessly to the rest of Singapore, reducing commuting time to business districts, schools, and lifestyle destinations.
Public transportation options are readily available, with bus routes and nearby MRT stations providing reliable connectivity.

 

5. Nearby Amenities
5.1 Daily Necessities
Residents enjoy easy access to supermarkets, convenience stores, wet markets, and essential services. Daily errands can be completed quickly without long travel times, enhancing overall quality of life.

 

5.2 Dining and Lifestyle
The East Coast region is well known for its vibrant food scene. From traditional local eateries to modern cafés and international restaurants, residents are spoilt for choice. Weekend dining, casual meet-ups, and family outings are all easily accommodated within the vicinity.

 

5.3 Education
The area is surrounded by reputable schools and educational institutions, making it an attractive option for families with children. Proximity to schools also supports strong rental and resale demand.

 

5.4 Recreation and Leisure
Parks, coastal recreational areas, fitness facilities, and community spaces are easily accessible. These amenities contribute to a balanced lifestyle that combines urban convenience with outdoor relaxation.

 

6. Investment Potential
6.1 Undervalued Pricing
At approximately S$1,843 psf, this terrace house is priced below many comparable landed properties in the same region. This undervaluation presents immediate upside potential for buyers.
6.2 Capital Appreciation
Landed properties in Singapore are inherently limited in supply. Over the long term, land scarcity continues to support price growth, particularly in mature estates such as Jalan Tua Kong.

 

6.3 Redevelopment Opportunity
Investors and homeowners can unlock additional value by:
Rebuilding to maximize allowable floor area
Creating a modern multi-storey landed home
Enhancing resale appeal through contemporary design
6.4 Rental Demand
While commonly owner-occupied, landed homes in prime East Coast locations also enjoy steady rental interest from expatriates and high-income tenants seeking privacy and space.

 

7. Comparison with Market Alternatives
When compared to other landed listings in the East Coast region:
Many properties exceed S$2,000–S$2,500 psf
Similar land sizes often command higher asking prices
Vacant possession listings are increasingly rare
This makes the Jalan Tua Kong terrace house a strong value buy relative to current market conditions.

 

 

8. Ideal Buyer Profile
This property is ideal for:
Families seeking a long-term landed home
Upgraders moving from private condos to landed living
Investors looking for land banking opportunities
Buyers planning redevelopment for future resale gains
9. Lifestyle Advantages of Landed Living
Owning a terrace house provides lifestyle benefits that cannot be replicated in high-rise developments, including:
Greater privacy
No shared walls with multiple units
Flexibility to renovate and personalize
Space for gardens, home offices, or entertainment areas
Jalan Tua Kong enhances these benefits with its peaceful surroundings and strategic location.

 

10. Long-Term Outlook
The long-term outlook for landed properties in Singapore remains positive due to:
Limited land supply
Consistent demand from affluent buyers
Strong legal protection for property ownership
Stable political and economic environment
Properties in mature estates like Jalan Tua Kong are especially resilient during market cycles.

 

11. Transaction Highlights
Motivated seller – open to serious offers
Vacant possession – immediate planning and handover
Competitive psf pricing
Established landed enclave
12. Conclusion
This cheap and undervalued terrace house at Jalan Tua Kong represents a rare opportunity to secure a landed property in one of Singapore’s most sought-after residential neighborhoods.

 

With its generous land size, attractive pricing, vacant possession, and strong long-term prospects, this listing stands out in today’s competitive market.

 

Whether you are purchasing for own stay, redevelopment, or long-term investment, this property offers exceptional value, flexibility, and growth potential.
Opportunities like this are limited. Serious buyers are strongly encouraged to act promptly to secure this prime landed asset.