Record Price For An Inter Terrace House in Chancery Lane
An intermediate terraced house in a row of 3 houses was sold for a record psf pricing of $4,456 according to a caveat lodged in March 2023. This landed property transacted at $7.358 million has the smallest land area of three at 1A, B and C Chancery Lane developed by Silver Edge Group, a company incorporated in 2017 as a property investment vehicle for a group of individuals.
The terraced house sits on a 1,615 sq ft, 999-year leasehold site fronting Chancery Lane and is just one street away from Anglo-Chinese School (Primary) on Barker Road. When completed in 2024, the house will have five en suite bedrooms and a built-up area of 6,500 sq ft. It will come with a private lift, V-Zug kitchen appliances, top-end finishes and a 10m lap pool.
Based on a caveat also recorded in March 2023, one of the two corner terrace houses at 1C Chancery Lane was sold for $8.45 million ($3,237 psf). The house sits on a land size of 2,610 sq ft, with a built-up area of 5,000 sq ft. It has five en-suite bedrooms, private lift access and a lap pool.
Only one corner terrace house is available for sale, 1A Chancery Lane. It sits on a land area of 3,490 sq ft, with a 7,000 sq ft built-up area and six en suite bedrooms. The price tag is $11.8 million ($3,381 psf).
(Source: EdgeProp)
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