New Corner Terraced House Chip Hock Gardens Near Gallop Park Asking 11 Mil

SINGAPORE (EDGEPROP) – Nestled in the quiet private housing estate of Chip Hock Gardens just off Farrer Road and Gallop Park Road is a mix of detached, semi-detached, and terraced houses. The estate is located in the Good Class Bungalow (GCB) areas of Gallop Park and Cluny Park in prime District 10.A detached house at 21 Jalan Harom Setangkai, with a freehold site area of 8,950 sq ft, was sold for $10.125 million ($1,131 psf) in March 2024, according to a caveat lodged at the time. The buyer, Botanic Gardens Development – a niche property developer backed by several individuals – obtained written permission in October 2023 to construct three, two-storey terraced houses on the site, according to EdgeProp Inspector. Six months later, in April 2024, they were also granted approval to subdivide the plot into three smaller terraced housing sites, now known as 21, 23, and 25 Jalan Harom Setangkai.Read also: Freehold residential site on Mugliston Road on the market for $10.88 milThe property was recently relisted on the market at a reduced price of $11 million, after originally being listed at $12.4 million. (Picture: Albert Chua/)The first of the three terraced houses, at 23 Jalan Harom Setangkai, was sold in May 2024 for $9.53 million ($3,684 psf). With a built-up area of 4,705 sq ft, the 2,389 sq ft intermediate terraced house sits on a freehold site. A caveat was lodged for this transaction.The second terraced house located at 21 Jalan Harom Setangkai is a corner unit and has a freehold site of 2,816 sq ft and a built-up area of 4,960 sq ft. Although it was reported to have been sold for $11.18 million ($3,970), no caveat has been lodged to date.Sitting on a freehold site area of 3,745 sq ft with a build-up area of 4,973 sq ft, the corner unit at 25 Jalan Harom Setangkai is now on the market for $11 million ($2,937 psf). This represents an 11% discount from its original asking price of $12.38 million ($3,305 psf).According to Rachel Chan, associate sales director at SRI – the appointed marketing agent for 25 Jalan Harom Setangkai – interest in the property has picked up after the price revision in early May.The corner terraced house at 25 Jalan Harom Setangkai is the largest of the three and is the only one with a swimming pool. It is expected to receive its Temporary Occupation Permit (TOP) soon.Built over three floors, all three units feature five bedrooms, of which three of them have ensuite bathrooms while the remaining two share a Jack-and-Jill bathroom. The homes also feature a home lift that serves all three levels, a car porch that can accommodate up to five vehicles, and a roof terrace that is suitable for barbecue nights or alfresco dining.The first level of each terraced unit features the living and dining rooms, a powder room, wet and dry kitchens, and a helper’s room. The second floor consists of three bedrooms, one of which is ensuite. The third level includes a wraparound balcony that connects the master suite and junior master suite.Chip Hock Gardens is located within 1km of Nanyang Primary School and is close to the Singapore Botanic Gardens. Other nearby schools include Raffles Girls’ Primary and Secondary Schools, St Margaret’s Secondary School, Hwa Chong Institution, and St Joseph’s Institution.“The property [at 25 Jalan Harom Setangkai] has many strong locational attributes and is nearly completed,” says Rachel.Recent transactions in Chip Hock GardensIn December 2024, a semi-detached house was sold for $9.2 million ($2,922 psf), based on caveats lodged. Rachel notes that this is relatively old and will most likely be redeveloped. Despite this, its psf price at $2,922 was not significantly lower than that of the newly built house at 25 Jalan Harom Setangkai, located in the same neighbourhood of Chip Hock Gardens. In June 2024, another semi-detached house along the same row was sold for $8.8 million ($2,795 psf), on the basis of caveats.Families looking to relocate to the exclusive prime District 10 and 11 areas could be behind the high demand for such properties, which has been fuelled by the uncertain global macroeconomic situation due to the US-China trade conflict and other factors, according to SRI’s senior division director Lester Chen.Chen adds that buying interest and transaction activity have been on an upswing in the first four months of 2024 compared to the same period in 2023. This is fuelled by rising demand from affluent families and Singapore’s newest crop of citizens who take into account proximity to top schools as their key decision-making factors.The new freehold project, Anagram Homes at Kheam Hock Road in prime District 11, boasts eight luxury units such as three detached houses, two semi-detached homes, and three terraced houses. Two units have been sold since it was launched earlier this year. The first was a seven-bedroom detached house sitting on a 6,265 sq ft site and sold for nearly $20 million ($3,192 psf) in January. The other was a six-bedroom semi-detached unit located on a 3,186 sq ft site and sold for $13.6 million ($4,268 psf) in February. Prices for the remaining terraced homes range from $9.6 million to $24.7 million.Chip Hock Gardens continues to be an attractive option for homeowners and upgraders looking to live in a mature neighbourhood with good proximity to elite schools and other amenities. Despite having some available units on the market, such as the $11 million corner terraced home, there are not many new homes that have been built in this area. This has resulted in the limited supply for interested buyers, who have snapped up homes quickly at launch, according to Chen, who expects the demand for such properties to remain strong.

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Chip Hock Gardens, located near Farrer Road and Gallop Park Road, is a quiet private housing estate with just two streets – Jalan Harom Setangkai and Jalan Kembang Melati. It is home to a mix of detached, semi-detached and terraced houses, nestled within the Good Class Bungalow (GCB) areas of Gallop Park and Cluny Park in prime District 10.

In March 2024, a freehold detached house on an 8,950 sq ft site at 21 Jalan Harom Setangkai was sold for $10.125 million ($1,131 psf), based on a caveat lodged at that time. The buyer was a niche property developer, Botanic Gardens Development, backed by several individuals. In October 2023, they obtained written permission to construct three two-storey terraced houses on the site, and in April 2024, they were also granted approval to subdivide the plot into three smaller terraced housing sites, now known as 21, 23 and 25 Jalan Harom Setangkai.

The first of the three units, a terraced house at 23 Jalan Harom Setangkai, was sold for $9.53 million ($3,684 psf) in May 2024, based on a caveat lodged at that time. It sits on a freehold site of 2,389 sq ft with a built-up area of 4,705 sq ft. The corner unit at 21 Jalan Harom Setangkai was said to have been sold for $11.18 million ($3,970 psf), although no caveat has been lodged to date. The property is situated on a freehold site of 2,816 sq ft with a built-up area of 4,960 sq ft.

The remaining terraced unit, a corner unit at 25 Jalan Harom Setangkai, is now on the market for $11 million ($2,937 psf). It is the largest of the three units, sitting on a freehold site of 3,745 sq ft with a built-up area of 4,973 sq ft. The property was originally listed for $12.38 million ($3,305 psf) last year, but the price was recently reduced to $11 million, representing an 11% discount. According to Rachel Chan, associate sales director at SRI, the appointed marketing agent, interest has increased since the price revision in early May.

The corner unit at 25 Jalan Harom Setangkai is the only one of the three units with a swimming pool and is expected to receive its Temporary Occupation Permit (TOP) soon. All three units feature five bedrooms, three of which are en suite, and the remaining two share a Jack-and-Jill bathroom. They also have a home lift servicing all floors, a car porch for five vehicles, and a roof terrace perfect for al fresco dining.

Chip Hock Gardens is located within the vicinity of Nanyang Primary School and is close to schools such as Raffles Girls’ Primary and Secondary Schools, St Margaret’s Secondary School, Hwa Chong Institution, and St Joseph