JLL launches estate sale of Matlock Rise bungalow

SINGAPORE, 16 July 2026 – JLL (NYSE: JLL), as the sole marketing agent, launched the sale of No. 15 Matlock Rise today via an Expression of Interest (EOI). Located in District 13’s Braddell Heights estate, the well-maintained property is being sold as a vacant possession and on an “as is where is” basis by the estate of the property.

The property, a two-storey detached house with an attic, sits on a 10,197 square feet (sq ft) site which is situated on elevated ground along Matlock Rise. Based on the 2025 URA Master Plan the site is within the two-storey bungalows zoning. The estate of the property is expecting offers in the region of $18 million, which works out to $1,765 per square foot (psf) on the land area.

The existing bungalow has a built-up area of about 5,514 sq ft, but it could potentially be redeveloped into a new house of about 10,000 sq ft. Furthermore, the subject property sits on a fairly regular plot with a 25.9 m frontage and depth of up to 36.5m, allowing for easy redevelopment into a pair of 2 storey bungalows.

“The property is conveniently located and is suited for families who appreciate living in a serene, low-density community with the convenience of many popular schools and amenities. This estate sale serves as an opportunity to own a property that is limited in supply and thus is poised to appreciate overtime. The new owner will have a variety of options for the property. The property is well kept and in move-in condition allowing for stay with minimal renovation or an immediate stream of rental income,” says Nicholas Ng, Head of Land and Collective Sales, JLL Singapore.

“With a notable increase in demand for large bungalow sites in the Braddell Heights estate over the years, we expect keen interest from buyers who would like to move into a low density landed enclave with great proximity to the various education choices and lifestyle amenities in addition to developers looking to rebuilt the site into two separate bungalows for sale,” added Ng.

The property is in a landed enclave and is a short walk to Lorong Chuan MRT station which is one stop to the Serangoon and Bishan Interchanges. It is well connected to other parts of Singapore via the Central Expressway (CTE) and major roads such as Braddell Road and Upper Serangoon Road. It is also short 10-minute drive to MacRitchie Reservoir, a well-known park used for various recreational activities.

Established shopping amenities, popular eateries, and hip cafes are readily accessible within the Serangoon precinct. Shopping malls like NTP+, myVillage, NEX, and Junction 8 are within close distance while the ever-popular Chomp Chomp Food Centre and Serangoon Garden Market and Food Centre are also in proximity. Club enthusiasts can swim and entertain at The Serangoon Gardens Country Club which is only a short drive away.

Three primary schools are within one kilometre: Kuo Chuan Presbyterian Primary School, St. Gabriel's Primary School, and Yangzheng Primary School. There are seven primary schools within the one-two kilometre radius, and these include Cedar Primary School, CHIJ Our Lady of Good Counsel, First Toa Payoh Primary School, Maris Stella High School, Pei Chun Public School, St Andrew's School (Junior), and Zhonghua Primary School. Nanyang Junior College and prominent international schools such as the Australian International School, Stamford American International School, and Nexus International School are all also within easy reach, providing families with diverse educational options and convenient school proximity.

The EOI for 15 Matlock Rise closes on Friday, 18 September 2026, at 3.00 p.m.