# Matlock Rise bungalow up for estate sale with $18 mil asking price

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-16T06:30:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/estate-sale-matlock-rise-bungalow-market-18-mil
- **Topics:** Private Residential, Commercial & Industrial, New Launches

## Featured rationale

Its move-in condition and potential redevelopment into one large detached house or two bungalows may broaden interest among occupiers, investors and developers.

## AI summary

A 10,197 sq ft Matlock Rise bungalow was launched for estate sale at $18 million, or $1,765 psf, through an EOI closing September 18.

## Original article

A bungalow on Matlock Rise has been launched for sale through an expression of interest (EOI) exercise with an asking price of $18 million. This translates to $1,765 psf on the property’s estimated land area of 10,197 sq ft.

The property is a two-storey detached house with a built-up area of 5,514 sq ft. According to JLL, the sole marketing agent for the property, the site's regular shape — with a frontage of about 25.9m and a depth of up to 36.5m — makes it well suited for redevelopment. It could potentially accommodate either a new detached house of about 10,000 sq ft or a pair of two-storey bungalows.

Nicholas Ng, head of land and collective sales at JLL Singapore, adds that the property is "well-kept" and in move-in condition, allowing buyers to occupy it with minimal renovation or generate immediate rental income.

Read also: Freehold conservation shophouse along Desker Road up for sale at $7 mil

Located within the Braddell Heights estate in District 13, the property is a 10-minute walk from Lorong Chuan MRT Station, which is a stop away from the Serangoon and Bishan interchanges. It is also within a short drive to amenities such as NTP+, myVillage, Nex, and Junction 8.

The property is within 1km of Kuo Chuan Presbyterian Primary School, St. Gabriel's Primary School and Yangzheng Primary School. Several more educational institutions, including Maris Stella High School, Pei Chun Public School and St. Andrew's Junior School, are located within a 2km radius.

“This estate sale serves as an opportunity to own a property that is limited in supply and thus is poised to appreciate overtime,” says Ng.

The EOI exercise for the house will close on Sept 18 at 3pm.

Check out the latest listings for Braddell Heights Estate properties

## Chinese translation

> Translation model: grok

### Matlock Rise洋房遗产出售，叫价1,800万新元

按物业估计土地面积10,197平方英尺计算，叫价相当于每平方英尺1,765新元。

一座位于Matlock Rise的洋房已通过意向表达（EOI）方式推出出售，叫价1,800万新元。按物业估计土地面积10,197平方英尺计算，折合每平方英尺1,765新元。

该物业为两层独立式洋房，建筑面积5,514平方英尺。独家营销代理仲量联行（JLL）表示，地块形状规整——临街面宽约25.9米、进深最长约36.5米——适合重建，有望容纳约10,000平方英尺的新独立洋房，或一对两层洋房。

仲量联行新加坡土地与集体出售主管Nicholas Ng补充说，物业“保养良好”、可直接入住，买家仅需最少装修即可入住，或立即产生租金收入。

另读：Desker Road永久地契保育店屋以700万新元出售

物业位于第13区Braddell Heights住宅区，步行约10分钟可达Lorong Chuan地铁站，该站距实龙岗（Serangoon）与碧山（Bishan）换乘站仅一站。驾车亦可快速到达NTP+、myVillage、Nex与Junction 8等配套。

物业位于国专长老会小学（Kuo Chuan Presbyterian Primary School）、圣加俾尔小学（St. Gabriel's Primary School）与养正小学（Yangzheng Primary School）1公里范围内。2公里半径内还有海星中学（Maris Stella High School）、培群学校（Pei Chun Public School）与圣安德烈初级学校（St. Andrew's Junior School）等多所教育机构。

Ng表示：“此次遗产出售，是拥有供应有限、有望随时间增值物业的机会。”

该洋房EOI将于9月18日下午3时截止。

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