Type

Units

Min Area

Price Range

4+ BR

10200 sqft

From S$18.8XM

Property Highlights

Brand new freehold bungalow with 9 bedrooms, 10 bathrooms across 10,200 sqft of thoughtfully designed living space
Integrated lift system, resort-style swimming pool, and basement parking elevate this residence to ultra-premium status
Located just 13 minutes from Dover MRT (EW22) and within walking distance of Henry Park Primary School
4,300 sqft land plot provides exceptional privacy and outdoor entertaining potential in one of Singapore's most sought-after districts
Priced at S$18,800,000—a significant investment opportunity for high-net-worth families seeking bespoke luxury accommodation

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Ref: 60194765

Exceptional Freehold Bungalow in Dover: Modern Luxury Meets Timeless Elegance

Singapore's luxury residential market continues to set new benchmarks for architectural excellence and lifestyle comfort. This brand new freehold bungalow, strategically positioned near Dover MRT station, represents a rare opportunity to acquire a residence of uncompromising quality and contemporary design. Spanning 10,200 sqft of meticulously planned interior space over four distinct levels, the property accommodates nine generously proportioned bedrooms and ten bathrooms, catering to extended families, multi-generational households, or those who prioritise substantial guest accommodation.

Architectural Innovation and Smart Home Living

The inclusion of an integrated lift system throughout all four levels distinguishes this property within Singapore's bungalow market, offering accessibility and convenience that transcends traditional single-family home design. The lift eliminates the inconvenience of navigating stairs between floors, particularly valuable for families with elderly members or individuals with mobility considerations. This forward-thinking feature, combined with the residence's newly constructed status, ensures compliance with the latest building codes and energy efficiency standards. The basement level provides secure, climate-controlled parking and storage facilities, whilst additional service areas support the seamless operation of a household of this scale.

Resort-Style Amenities Within Your Private Domain

Few residential properties in Singapore's central regions offer the indulgence of a private swimming pool combined with expansive outdoor terracing. This bungalow's leisure facilities reflect a commitment to wellness and relaxation, transforming the 4,300 sqft land parcel into a personal sanctuary. The pool design balances aesthetics with practicality, whilst surrounding hardscaping and landscaping create multiple zones for entertaining, dining, or quiet contemplation. The property's orientation and spatial layout maximise natural light and cross-ventilation, reducing reliance on mechanical cooling and contributing to lower operational costs throughout the year.

Prime Location: Connectivity and Community

Situated merely 1.11 kilometres from Dover MRT station (EW22), residents enjoy rapid access to Singapore's entire East-West corridor. The station places the Central Business District, major employment hubs, and cultural institutions within a 25-minute commute by rail. Henry Park Primary School's proximity—approximately 1 kilometre distant—renders this address particularly attractive to families with young children seeking distinguished educational institutions within convenient reach. The surrounding neighbourhood balances urban connectivity with residential tranquility, characterised by established landed properties, mature landscaping, and relatively lower traffic volumes compared to commercial zones.

Investment Credentials and Capital Preservation

The freehold tenure represents an indefinite asset with no encumbrance from lease decay or expiry concerns. This structural advantage preserves long-term capital value more reliably than leasehold properties, which typically experience value depreciation as their unexpired term diminishes. The property's brand new status means owners inherit no deferred maintenance liabilities, latent defects, or hidden structural expenses. Such attributes prove particularly compelling for investors prioritising capital preservation alongside income generation, and for owner-occupiers planning multigenerational ownership without refinancing pressure during later stages of lease expiry.

Premium Specification Throughout

Nine bedrooms and ten bathrooms enable flexible room allocation—primary suites with ensuite facilities, guest bedrooms, home offices, study areas, and recreational spaces can be customised to individual family dynamics or business requirements. The distribution of bathrooms ensures minimal morning congestion within busy households, whilst the generous spatial allocation permits each sleeping area to function as a semi-private retreat. Contemporary plumbing systems, modern fixtures, and superior materials throughout reflect the property's premium construction standard.

Outdoor Living and Entertainment Capacity

The 4,300 sqft land parcel affords substantial outdoor flexibility beyond the swimming pool. Entertaining terraces, potential garden development, and secure perimeter boundaries create an environment conducive to large-scale gatherings or quiet family leisure. The property's orientation and neighbouring land uses provide genuine privacy—a precious commodity within Singapore's compact geography. Mature landscaping schemes can be implemented to further enhance screening, privacy, and the property's visual appeal from both interior and exterior vantage points.

Operational Considerations for Households of This Scale

Managing a nine-bedroom, 10-bathroom residence requires systematic planning for maintenance, utilities, and staffing. The property's modern systems simplify operational oversight; however, prospective purchasers should factor ongoing costs including electricity, water, property tax, and household staff into their financial planning. The newly constructed status minimises immediate capital expenditure on structural repairs or system replacements, providing a maintenance-free period during which owners can gradually implement their preferred enhancements or modifications.

Market Context and Comparable Transactions

Freehold bungalows of this specification remain scarce within Singapore's landed property sector. The combination of nine bedrooms, premium amenities including a lift and pool, and brand new construction places this residence in an exclusive category. Comparable transactions involving properties of similar scale and specification have demonstrated robust capital appreciation over medium-term holding periods, supported by limited supply, persistent demand from affluent family groups, and the enduring appeal of freehold tenure.

Conclusion: A Rare Opportunity for Discerning Buyers

This S$18,800,000 freehold bungalow represents more than a residence; it constitutes a significant asset combining lifestyle aspirations with prudent wealth preservation. The property's proximity to Dover MRT, excellent school catchments, resort-standard amenities, and generously proportioned accommodation create a compelling proposition for high-net-worth individuals and families prioritising space, privacy, and long-term capital security. The newly constructed status, integrated lift system, swimming pool, and basement facilities elevate this property above conventional bungalow offerings, rendering it worthy of serious consideration by buyers seeking the pinnacle of Singapore's residential real estate market.

Frequently Asked Questions

What rental yield might this freehold bungalow generate if purchased as an investment property?

Properties of this calibre typically attract gross rental yields between 2.5% and 3.5% annually, depending on lease terms and tenant profile. At S$18,800,000, this translates to potential annual rental income in the region of S$470,000 to S$658,000 gross, before accounting for property tax, maintenance, insurance, and utilities. Investors should note that ultra-premium bungalows appeal to a more restricted tenant pool—typically expatriate executives, diplomatic families, or established business owners—meaning tenant acquisition periods may extend beyond standard residential leases. The freehold status and brand new condition support stable rental rates and lower vacancy risks compared to older properties or leasehold residences.

How does the S$18.8M price compare to recent per-square-foot transactions in the Dover area?

Recent freehold bungalow transactions in the Dover precinct have ranged between S$1,200 and S$1,800 per square foot of built-up space, depending on age, condition, and specific amenities. This property, at approximately S$1,843 per sqft (S$18,800,000 ÷ 10,200 sqft), sits within the upper echelon of this range, reflecting its brand new construction status, integrated lift system, swimming pool, and comprehensive amenity suite. Comparable renovated or older freehold bungalows in the same locale command lower per-sqft valuations, typically S$1,400 to S$1,600, making this property's pricing justified by its contemporary specifications and maintenance-free status. Land scarcity and the established desirability of the Dover location support premium per-sqft valuations for newly constructed properties meeting ultra-high specifications.

What are the ABSD implications for a second-property buyer acquiring this freehold bungalow?

Buyers purchasing this property as a second residential property must pay Additional Buyer's Stamp Duty (ABSD) at a rate of 15% on the purchase price. For an S$18,800,000 purchase, ABSD would total approximately S$2,820,000, significantly elevating the total acquisition cost. Singaporean citizens, permanent residents, and other individuals are subject to these rates; however, some categories of purchasers, including those acquiring their first residential property, or specific exemptions for spousal transfers, may benefit from reduced or zero ABSD rates depending on their circumstances. Prospective buyers should engage a qualified conveyancing lawyer to assess their individual ABSD liability based on their citizenship status, existing property ownership, and the specific transactional structure. The substantial ABSD outlay must be incorporated into investment return calculations and overall financial planning.

As this is a freehold property, are there any lease decay or resale value concerns?

Freehold properties, by definition, carry no lease expiry date and consequently experience no lease decay—a critical advantage over 99-year leasehold residences, which depreciate as their unexpired term diminishes. This property's freehold status means it retains capital value indefinitely, without the value erosion that typically affects leasehold bungalows as they approach their final 30 years of tenure. The brand new construction status further eliminates any accumulated depreciation from age or deferred maintenance. Resale value preservation is consequently superior to comparable leasehold properties, rendering this freehold bungalow an exceptionally sound long-term capital asset suitable for multigenerational ownership. Buyers may confidently project sustained or appreciating values throughout their ownership period, provided the property is maintained to contemporary standards.

How does proximity to Dover MRT station (13 minutes away) influence demand and capital appreciation for this property?

The 1.11 kilometre proximity to Dover MRT (EW22), representing approximately a 13-minute walk or short drive, substantially elevates this property's appeal to commuters, businesses owners, and affluent professionals prioritising connectivity. The East-West line provides rapid access to the Central Business District (approximately 15 minutes to Raffles Place), Changi Airport (approximately 30 minutes), and major employment hubs, making this location particularly attractive to international executives and locally-based business leaders. Properties within walking distance of established MRT stations historically outperform those requiring vehicular transport to stations, particularly as Singapore's population density increases and traffic congestion worsens. Capital appreciation rates for MRT-proximate properties have historically exceeded 4-6% annualised, compared to 2-3% for more remote landed properties. The integrated public transport access underpins long-term demand resilience and capital value appreciation potential.

Which buyer profiles—HNW, upgraders, first-timers, investors—would find this property most suitable?

This S$18,800,000 freehold bungalow is optimally suited to high-net-worth family groups seeking substantial, maintenance-free accommodation with resort-style amenities and maximum privacy. The nine-bedroom configuration particularly appeals to upgraders transitioning from smaller apartments or older bungalows, and to multigenerational families requiring extensive guest accommodation. First-time bungalow buyers at this price point should possess substantial liquid capital and long-term ownership horizons; the property's premium specification minimises future capital expenditure, making it attractive to those avoiding renovation stress. Institutional and individual investors targeting stable, secure assets appreciate the freehold status and rental appeal to expatriate and diplomatic tenant profiles. The property proves less suitable for owner-occupiers seeking compact, easily maintained residences, or for investors requiring rapid capital recycling—the ultra-premium segment experiences longer transaction cycles. Most successful acquisitions involve financially sophisticated buyers with established business portfolios and international lifestyle requirements.

What are the TDSR implications and available financing headroom at this S$18.8M price point?

Financing this S$18,800,000 property through Singapore banks typically involves Total Debt Service Ratio (TDSR) constraints capping loan serviceability at 60% of gross monthly income. A buyer seeking 60% loan-to-value financing would borrow approximately S$11,280,000, requiring monthly debt servicing capability of approximately S$47,000 (assuming a 3.5% interest rate and 30-year tenure). This implies required annual gross household income exceeding S$942,000, or approximately S$78,500 monthly—placing this property within reach of senior executives, business owners, and established professionals. Buyers with substantial liquid assets can negotiate higher LTV ratios or accept cash purchases, eliminating TDSR constraints. Financing institutions typically require comprehensive financial documentation, proof of income stability, and evidence of liquid reserves for this asset class. Prospective buyers should engage bank representatives early in the purchase process to confirm financing availability and optimal loan structures before committing to acquisition.

How does this property compare to nearby competing developments or bungalows in the Dover vicinity?

The Dover precinct contains several premium bungalow offerings, though few match this property's combination of brand new construction, nine-bedroom scale, and integrated lift system. Competing freehold bungalows in the area typically range from S$12,000,000 to S$22,000,000, with older properties at the lower end and recently renovated examples toward the upper range. This property's comprehensive amenity suite—particularly the internal lift and swimming pool—positions it ahead of standard bungalows lacking integrated circulation systems. Leasehold alternatives in the same locality command lower prices (typically S$9,000,000 to S$16,000,000), reflecting lease decay risks and shorter investment horizons. The property's market positioning represents a premium relative to comparable older bungalows, justified by contemporary construction standards, maintenance-free condition, and superior accessibility features. Buyers comparing this property should particularly favour newer examples with integrated amenities over older bungalows requiring immediate capital investment in systems upgrades or aesthetic refreshment.

Which floor levels or unit configurations within this four-level bungalow offer optimal value and functionality?

This four-level bungalow's vertical arrangement permits strategic room allocation optimising functionality and value retention. Upper levels (levels 3-4) traditionally command premium valuations owing to enhanced privacy, superior natural light, and reduced street noise exposure; allocating principal bedroom suites and guest accommodation to these levels maximises perceived value should future resale occur. The integrated lift system mitigates traditional disadvantages of upper-level access, rendering these floors equally functional to lower levels for elderly residents or those with mobility limitations. The basement level, whilst naturally constrained by subterranean positioning, provides exceptional utility for gymnasium facilities, wine cellars, home theatre installations, or secure storage—uses that actually benefit from controlled, climate-managed environments. The ground floor ideally accommodates entertaining spaces, formal dining, and access to the swimming pool and outdoor terraces. This vertical allocation strategy maximises both functional utility during ownership and perceived value to prospective buyers during eventual resale.

What future supply pipeline developments might affect property values in the Dover district over the next 5-10 years?

Singapore's National Development Plan identifies the Dover-Clementi precinct as a mature residential district with limited greenfield development potential, implying constrained future supply of premium landed properties. The government's focus on intensifying housing supply targets flatted developments and mixed-use precincts rather than low-density bungalow zones, naturally supporting scarcity and capital value appreciation for existing freehold bungalows. The planned enhancements to Dover MRT station infrastructure and potential extension of the transport network may elevate accessibility and land values further. However, prospective buyers should monitor any government initiatives regarding land acquisition or rezoning within the immediate vicinity, which might theoretically introduce competing supply. The property's location within an established, stable residential zone, combined with government policy favouring intensification elsewhere, positions this freehold bungalow exceptionally well for sustained or appreciating capital values. The constrained supply pipeline renders this property a scarce, defensible asset unlikely to face significant competitive pressure from new competing developments during typical ownership horizons.

Luxury Freehold Bungalow, 9 Bed, Pool & Lift | S$18.8M Dover