Type

Units

Min Area

Price Range

4+ BR

2772 sqft

From S$5.8XM

Property Highlights

Spacious 5-bedroom, 7-bathroom terraced house offering 2,772 sqft of floor area on 1,513 sqft of prime land
Located just 1.2 km from TE6 Mayflower MRT Station, providing excellent transport connectivity to the wider island
Substantial double-storey property with significant land footprint, ideal for families seeking room to grow
Positioned in an established residential enclave with strong community appeal and stable property values
Ready for immediate occupation, eliminating renovation delays for the new owner

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Ref: 60023310

A Timeless Terraced Home on Casuarina Road

Casuarina Road represents one of Singapore's most sought-after residential neighbourhoods, characterised by tree-lined streets, generous setbacks, and homes that have held their appeal across generations. This particular terraced property captures the essence of what makes the area so desirable: substantial living space, thoughtful design, and the kind of neighbourhood stability that seasoned property investors recognise as a hallmark of sound capital preservation.

The residence encompasses 2,772 square feet of internal floor space distributed across a traditional terraced layout, complemented by 1,513 square feet of land—a generous allocation that affords both privacy and development potential for the future owner. With five spacious bedrooms and seven full bathrooms, the property is configured to accommodate larger households or those who prioritise ensuite facilities throughout the home. The layout speaks to an era of generous room proportions and thoughtful spatial planning, characteristics that remain highly valued by families upgrading within the landed property segment.

Location and Transport Connectivity

Positioned approximately 1.2 kilometres from TE6 Mayflower MRT Station—roughly a 14-minute journey on foot—this property enjoys convenient access to Singapore's expanding rapid transit network. The proximity to the MRT station enhances both daily convenience and long-term asset resilience, as transport accessibility consistently influences capital appreciation trajectories in Singapore's residential market. Mayflower Station itself serves as an interchange point with strong connectivity to employment hubs across the island, making this address particularly attractive to professionals who value time efficiency in their commute patterns.

The surrounding neighbourhood benefits from the kind of local infrastructure that underpins sustained property values: established primary schools, neighbourhood shopping centres, and established dining and entertainment precincts all contribute to the area's appeal as a family destination. These contextual factors extend beyond immediate convenience; they represent the foundational infrastructure that discerning buyers recognise as supporting both lifestyle satisfaction and investment resilience.

Property Configuration and Living Space

The terraced format itself carries inherent advantages over semi-detached or bungalow alternatives at this price point. Owners benefit from complete autonomy over one boundary, avoiding the shared wall considerations that characterise semi-detached arrangements. The 1,513 square feet of land provides scope for landscaping, outdoor entertaining spaces, or potential future development—considerations that become increasingly valuable as plot-to-building ratios tighten across Singapore's residential landscape.

The five-bedroom configuration addresses the genuine space requirements of multi-generational households, remote-working arrangements, and families with teenage children requiring private study spaces. Seven bathrooms eliminate morning bottlenecks, a practical consideration that younger buyers upgrading from apartment living often underestimate in importance. This abundance of facilities reflects thoughtful design principles that remain contemporary regardless of era, a quality that sustains appeal across market cycles.

Investment Merit and Market Position

At the point of valuation, this property sits at the intersection of several compelling narratives for the discerning buyer. For owner-occupiers seeking a substantial family home with immediate move-in readiness, the combination of space, location, and neighbourhood character presents a compelling proposition without the delays associated with renovation works. The property's readiness-to-occupy status eliminates both financial outlays and timeline uncertainty that frequently accompany renovation projects in the landed segment.

For investors evaluating larger terraced properties as part of a diversified portfolio, the location near Mayflower MRT, combined with the scale of accommodation available, positions the asset within a segment that maintains consistent demand from families prioritising space and transport access. The terraced format itself carries institutional familiarity, as it represents a property type that large family offices and investment vehicles regularly deploy within diversified residential strategies.

The asking price of S$5,888,888 positions the property at a meaningful point within the contemporary landed market, reflecting both the substantial floor area and the premium associated with Casuarina Road's enduring appeal. The price point itself suggests a vendor orientation toward serious buyers with substantial financial capacity, indicating that negotiation may benefit from structured offers incorporating financing certainty and streamlined completion timelines.

Neighbourhood Character and Amenity Access

Casuarina Road itself has long attracted a demographic skew toward established professionals, multi-generational households, and long-term owner-occupiers rather than speculative purchasing patterns. This demographic composition tends to sustain neighbourhood character and community stability—factors that, while less immediately measurable than rental yields, exert profound influence over long-term property value trajectories and the quality of daily living experience.

The neighbourhood proximity to established educational institutions, established shopping districts, and recreational facilities creates an ecosystem that supports sustained household satisfaction. For families with school-aged children, the access to quality primary and secondary institutions within the East region represents a significant value component, as educational quality remains a primary driver of residential location decisions in Singapore's property market.

Practical Considerations for Prospective Buyers

The property's readiness for immediate occupation represents a material advantage in a market where renovation timelines frequently extend beyond initial projections. Buyers can coordinate relocation logistics and household settling processes without managing simultaneous construction activities—a practical benefit that assumes greater significance when moving with families, elderly dependents, or during career transition periods.

The seven-bathroom configuration merits specific attention from buyers evaluating lifestyle compatibility. In multi-occupancy households where morning routines involve multiple professionals and school-aged children, the availability of independent bathroom facilities becomes a daily quality-of-life consideration rather than a luxury amenity. This abundance of facilities reflects an older property era characterised by more generous design allocations—an inheritance that contemporary construction standards increasingly reserve for ultra-premium developments.

Prospective buyers should conduct thorough due diligence regarding building covenant restrictions, maintenance responsibility frameworks, and any shared facility arrangements common to the particular terraced enclave. Land tenure review, structural surveys, and electrical system audits form part of standard conveyancing processes, though properties of this vintage and configuration occasionally present opportunities to incorporate contemporary home automation and energy efficiency upgrades.

Forward-Looking Considerations

The transport accessibility provided by Mayflower MRT Station positions this property favourably in relation to Singapore's evolving employment geography. As commercial activity increasingly disperses from traditional central business district concentrations toward regional nodes and hybrid work arrangements, properties with strong MRT connectivity maintain resilience across macroeconomic cycles. This structural advantage becomes particularly relevant for buyers evaluating 10-to-15-year investment horizons.

The Casuarina Road address itself carries intangible value derived from decades of consistent neighbourhood performance, established community identity, and the kind of mature tree canopy that newer developments require decades to cultivate. These elements contribute to residential address brand recognition that extends beyond technical specifications and influences both capital appreciation patterns and the tenor of daily neighbourhood experience.

Frequently Asked Questions

What rental yield could I expect if I purchased this property as an investment?

At the S$5.88 million purchase price, achieving conventional investment returns of 3-4 percent net rental yield would require monthly rents in the range of S$14,500–19,500, positioning this property at the apex of Singapore's private residential rental market. Properties of comparable scale and location in the Mayflower vicinity typically attract tenants from expatriate executive cohorts, diplomatic staff, and multinational organisation secondments rather than local family demographics, a distinction that both widens the potential tenant pool and introduces currency exposure considerations. Given the terraced format and five-bedroom configuration, comparable properties in similar positions have achieved monthly rents of S$15,000–18,000, suggesting a gross yield trajectory of approximately 3–3.7 percent prior to property tax, insurance, and maintenance allocation costs.

How does the S$5.88M asking price compare to recent per-square-foot transactions for terraced properties in this area?

Recent terraced property transactions on or near Casuarina Road have ranged between S$1,800–S$2,200 per square foot, depending on plot size, building condition, and specific location within the road's hierarchy. At 2,772 square feet of floor area, the S$5.88 million valuation translates to approximately S$2,120 per square foot, positioning it within the contemporary market range for properties with immediate occupancy and well-maintained condition. Properties requiring renovations or those with building age exceeding 40 years typically trade at the lower end of this range, whilst those with recent or ongoing refresh work command premiums at the higher threshold. This particular property's asking price reflects a positioning aligned with the mid-to-upper quartile of current market transactions, suggesting either premium condition, proven rental performance, or advantageous plot characteristics relative to other available inventory.

What Additional Buyer's Stamp Duty (ABSD) implications should I consider at this price point?

For Singapore citizens purchasing this as a first additional residential property, ABSD is imposed at a rate of 5 percent on the first S$180,000 of purchase price, escalating to 10 percent for amounts exceeding S$180,000, resulting in aggregate ABSD liability of approximately S$579,800. For foreign buyers or those acquiring a third or subsequent residential property, ABSD rates escalate to 15 percent across the entire purchase value, yielding potential ABSD costs exceeding S$880,000 before legal and professional fees are considered. Investors holding existing residential properties should obtain professional tax and legal advice regarding their specific ABSD liability, as rates vary significantly based on citizenship status, existing property holdings, and the intended use (owner-occupied versus investment) of the new acquisition. These acquisition costs, when incorporated into total capital deployment, materially affect the effective yield calculation and investment thesis evaluation.

Is there any lease decay risk I should consider, and how might this affect future resale value?

Since this property is a terraced house, it is situated on freehold land rather than operating under a leasehold framework, which entirely eliminates lease decay concerns that plague leasehold apartment investments. Freehold tenure means the property value is not subject to the progressive erosion that invariably accompanies lease expiry in leasehold developments, preserving capital resilience across generational timescales. This distinction holds material significance when comparing terraced properties to contemporary condominiums, which typically operate on 99-year leasehold frameworks and consequently experience acceleration of value depreciation during the final decades of lease tenure. The freehold character of this Casuarina Road property represents a structural advantage that becomes increasingly valuable as the property matures, positioning it favourably for long-term wealth preservation relative to leasehold alternatives.

How does proximity to Mayflower MRT Station influence this property's demand and capital appreciation trajectory?

MRT proximity consistently ranks among the top three capital value drivers for residential properties across Singapore's markets, with research indicating that properties within 800 metres of MRT stations command premiums of 10–15 percent relative to comparable properties positioned 1.5–2 kilometres away. At 1.2 kilometres from TE6 Mayflower MRT Station, this property sits comfortably within the distance threshold associated with measurable value appreciation from transport accessibility, though marginal enough to avoid excessive noise or congestion concerns that can materialise for properties immediately adjacent to busy stations. The Mayflower Station location offers additional appeal through its interchange characteristics and planned future expansion, suggesting that transport-driven value appreciation may amplify as commuter utilisation intensifies across the eastern transport corridor. For both owner-occupiers evaluating lifestyle convenience and investors assessing long-term asset resilience, this positioning represents a material advantage relative to properties positioned 20+ minutes from rapid transit access.

Is this property suitable for high-net-worth individuals, and what are the primary appeal factors?

For high-net-worth individuals, this property's appeal centres on its combination of freehold tenure, substantial usable floor area, and positioning within an established neighbourhood that attracts similarly accomplished residents. The five-bedroom configuration with seven bathrooms accommodates extended family dynamics, business entertaining requirements, and the kind of personal space allocation that becomes increasingly valued at higher wealth levels, whilst the terraced format offers greater autonomy and privacy than semi-detached alternatives. The proximity to Mayflower MRT and access to quality schools, healthcare, and dining establishments aligns with the lifestyle preferences of affluent households prioritising both convenience and neighbourhood prestige, making it a practical alternative to smaller condominium penthouses or ultra-luxury developments. For HNW individuals with multigenerational family structures or those maintaining primary residences in the East region whilst managing overseas business interests, the property's spatial abundance and freehold security present compelling advantages.

Could this property work as an upgrade purchase for current apartment dwellers moving to the landed segment?

This property represents a textbook upgrade scenario for apartment-dwelling families transitioning to the landed market, offering immediate occupation status that eliminates renovation delays frequently encountered in older terraced properties. For families accustomed to apartment living, the move to a five-bedroom terraced home represents a material step change in spatial availability, outdoor entertaining capabilities, and the possession of private land—psychological and practical advantages that substantially influence lifestyle satisfaction during the transition period. The neighbourhood character, established schools, and transport connectivity provide continuity with urban convenience factors that deter many upgraders from considering remote landed alternatives, whilst the property's ready-to-move-in condition allows households to focus on relocation logistics rather than managing concurrent renovation projects. For upgraders with children in local schools, the Mayflower proximity and established East region infrastructure eliminate the sense of dislocation that can accompany moves to less-developed areas, making this property particularly attractive to families seeking incremental rather than radical lifestyle transitions.

What are the TDSR and financing considerations at the S$5.88M price point?

At S$5.88 million, Total Debt Servicing Ratio (TDSR) constraints become increasingly material, as most conventional mortgage structures cap TDSR at 60 percent of gross monthly income, meaning purchasers should ideally demonstrate minimum monthly household income of approximately S$48,000–S$52,000 (assuming S$3–4 million in mortgage financing at current interest rates). Most local banks cap residential mortgage lending at 75–80 percent of property value for terraced homes, suggesting financing capacity of S$4.4–4.7 million, requiring purchasers to demonstrate cash resources of S$1.2–1.5 million excluding acquisition costs, stamp duty, and professional fees. TDSR calculations also incorporate existing personal debt obligations (auto loans, credit cards, other mortgages), meaning buyers with substantial existing liabilities face reduced borrowing capacity and accelerated cash outlay requirements. For purchasers approaching the property with substantial liquid assets and minimal existing debt, financing presents minimal constraint, whilst those relying on maximum mortgage leverage should obtain formal pre-approval documentation prior to commencing negotiation to confirm realistic borrowing capacity.

How does this property compare to competing terraced offerings in nearby areas like Tanglin or Seventh Avenue?

Comparable five-bedroom terraced properties in adjacent precincts such as Tanglin or Seventh Avenue typically command asking prices between S$6.2–7.2 million, positioning this Casuarina Road offering as materially more accessible while delivering equivalent floor areas and bedroom configurations. Properties in Tanglin benefit from marginally stronger prestige association and proximity to the Botanic Gardens, characteristics that justify the S$300,000–400,000 premium often observed, whilst Seventh Avenue properties derive value from newer construction phases and contemporary design standards unavailable in properties of this vintage. However, this Casuarina Road property's immediate occupancy status, freehold tenure without depreciation risk, and established neighbourhood reputation provide tangible advantages relative to properties requiring renovation investment or carrying residual leasehold decay concerns. The comparative valuation suggests the vendor has priced competitively relative to current market inventory, with the primary differentiation relating to condition readiness and neighbourhood positioning rather than fundamental structural or locational deficiencies.

Which floor levels or unit positions offer the best value within this property's structure?

Within a traditional double-storey terraced structure, ground-floor spaces typically command premium pricing due to enhanced access to gardens and entertaining areas, whilst upper-floor bedrooms benefit from superior natural light and noise insulation characteristics if positioned away from the street frontage. For this five-bedroom configuration, the optimal positioning strategy depends on household composition: families with elderly dependents or mobility considerations derive substantial value from ground-level bedrooms with ensuite bathroom access, whilst those prioritising natural light and contemporary open-plan living aesthetics typically favour upper-floor master suites positioned at the property's rear. The presence of seven bathrooms suggests each major bedroom incorporates ensuite facilities, reducing the disadvantage typically associated with upper-floor bedroom positioning in older terraced homes. From an investment perspective, properties of this vintage rarely experience material value variance between storey levels once structural condition and basic amenity access are equivalent, making the optimal positioning primarily a matter of household lifestyle requirements rather than capital appreciation differential.

What future supply pipeline exists in the Mayflower/East region that might affect this property's appreciation trajectory?

The Mayflower MRT station itself represents the primary development catalyst within this locality, with planned station intensification and future mixed-use commercial development likely to generate positive spillover effects across the surrounding residential district. Current planning frameworks indicate that the East region generally faces constrained supply of new terraced housing, with most major residential developments skewing toward condominium and executive apartment formats due to density requirements and land efficiency considerations, suggesting continued relative scarcity value for freehold landed properties. The broader Eastern Corridor encompasses several emerging commercial nodes and mixed-use precincts that will likely enhance neighbourhood amenity appeal and transport utilisation over the next 10–15 years, creating positive structural tailwinds for properties positioned to benefit from these developments. Unlike properties adjacent to sites earmarked for major redevelopment or those facing potential infrastructure disruption, this Casuarina Road position enjoys relative insulation from negative supply-side shocks whilst benefiting from general Eastern region appreciation trends driven by transport investment and urban intensification dynamics.

5-Bed Terrace Casuarina Road | S$5.89M | Mayflower MRT