The Tan Yeok Nee House is widely known for being a national monument. And while it did have an owner for a while, right now it’s back on sale. According to PropNex Realty, it seems that the indicative price is around $93 million. You have to realize that the establishment has 2 stories, and it’s the last traditional Chinese courtyard house that you can find in Singapore, so it’s an extremely special property.
The private landed house is located along Penang Road which is marks the beginning of the luxury Orchard shopping paradise. Just footsteps away, is where the maga shopping mall, Plaza Singapura is standing. The landed property costs around $1590 per square foot, which is not exactly that much. But that’s on the strata area, as the price on the current lettable area is approximately $3100psf. The development is about 26,321 square feet and 58, 480 square feet in terms of its land size and strata area respectively. Its net lettable area comes close to almost 30,000 sqft.
What you have to notice here is that the House of Tan Yeok Nee is restored quite recently, and the restoration was quite costly. It was around $12 million in total. But it does go to show that the house is a masterpiece of traditional architecture. And now that you have some modern facilities and cool stuff in there, it’s amazing to see something like that just come in for you to enjoy and buy.
This House of Tan Yeok Nee is not just another establishment. It’s one amazing historical building and one that it’s a privilege to live in. IN 1974, this house was named as one of our National monument in Singapore.
The sale tender closes around July 12.
The link below will provide more information on the House of Tan Yeok Nee
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