HomeReal EstateRecord Price For Inter Terrace House in 2023
Chancery Lane Terrace House

Record Price For Inter Terrace House in 2023

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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