Gilstead House is located between Newton and Novena MRT stations, the District 11 site is zoned for residential use under the 2019 Master Plan with a plot ratio of 1.4. A back-of-the-envelope calculation by BT indicates that the price works out to around $1,643 per sq ft per plot ratio (psf ppr) inclusive of development charges. Gilstead Road saw two freehold residential redevelopment sites change hands, with Peak Vista – which is wholly owned by Kheng Leong Company – buying two bungalows with a combined area of 43,457 sq m for $70 million, reported The Business Times (BT).
Gilstead House Factsheet
| Name | Gilstead House |
| Developer | Kheng Leong Company |
| District | 11 |
| Location | 32-34 Gilstead Road |
| Site Area | 43,457 sq ft |
| Total Units | 56 units |
| Plot Ratio | 1.4 |
| Tenure | Freehold |
Gilstead House Units Mix
| Unit Type | Size | No. Of Units |
| 1-Bedroom | TBA | TBA |
| 2-Bedroom | TBA | TBA |
| 3-Bedroom | TBA | TBA |
| 4-Bedroom | TBA | TBA |
| 5-Bedroom | TBA | TBA |
| Penthouse | TBA | TBA |
KEY SELLING POINTS
- Rare freehold at prime district 11
- Nestled in a quiet private residential enclave
- Few minutes walking to Newton MRT Station, Pan Island Expressway (PIE) & Central Expressway (CTE)
- Short drive to Orchard Road, Central Business District and Marina Bay Financial District
- A wide array of amenities including popular eateries and shopping malls
- About 10 minutes walk from the nearby prestigious schools like Catholic Junior College
- Nearby Health City Novena - a modern integrated healthcare complex
