A freehold semi-detached property at 2 Mugliston Road, off Haig Road in District 15, is up for sale via an expression of interest (EOI) exercise. The property has an asking price of $10.88 million, which translates to $1,952 psf on its land area of about 5,573 sq ft.

Under the URA Master Plan 2019, the land is designated for residential use with a plot ratio of 1.4. The site could potentially be developed into a detached house, subject to approval from the relevant authorities, according to marketing agent Huttons Asia.

The property is within walking distance of the Marine Parade and Tanjong Katong MRT Stations on the Thomson-East Coast Line. It is also next to Katong Shopping Centre and within walking distance of i12 Katong, Parkway Parade and Marine Parade Central Market and Food Centre.

Read also: Freehold back-to-back semi-detached house in Cambridge Estate going for $7 mil

Schools within a 1km radius of the property include Haig Girls’ School and Tanjong Katong Primary School.

Aric Lim, associate district director of Huttons Asia, believes the site will draw interest from both developers and individuals. “It is quite rare for a plot like this to come onto the market, particularly one that presents the opportunity to rebuild a detached house at an attractive price point,” he adds.

The last property sold on Mugliston Road was a freehold terraced house that changed hands for $4.8 million in June 2023, based on caveats lodged. The price works out to $2,232 psf on the land area of 2,151 sq ft.

The EOI for the property will close on March 12 at 3pm.