PropNex launches tender for two Devonshire freehold homes

Singapore Business Review
2025.05.15 02:26
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PropNex Realty has launched a public tender for two adjoining freehold terrace houses at 137 and 139 Devonshire Road, with a guide price of $14 million, or approximately $1,629 per square foot. The combined site spans about 285.2 square metres and is zoned for residential use, allowing for potential redevelopment into a six-storey serviced apartment project. The tender opens on 15 May 2025 and closes on 5 June 2025 at 3 PM. Both properties must be purchased together, and there is an opportunity to acquire an adjacent parcel of state land.