Summary



On the first day of Bagnall Haus’s launch, Roxy-Pacific sold 71 of 113 freehold condos at a mean price of $2,490 psf.





Introduction



If you appreciate city conveniences and freehold status, the rapid take-up at Bagnall Haus might intrigue you.


Launch Day and Sales Performance



Teo Hong Lim, the executive chairman of Roxy-Pacific, shared that 71 out of 113 units at Bagnall Haus were snapped up on the first day of launch, representing around 63% sales, with buyers paying a mean price of $2,490 psf.



Most of the new owners are Singaporeans, reflecting strong domestic interest. Many aimed for two- and three-bedroom units, but there was also solid activity for the bigger five-bedroom homes.


Project Location and Unit Variety



This freehold development sits in District 16 on Upper East Coast Road. Bagnall Haus offers 113 apartments split across three low-rise blocks, with floor areas spanning from 495 sq ft for a one-bedroom plus flexi to 1,528 sq ft for a five-bedroom.



PropNex’s CEO, Ismail Gafoor, reveals that 59% of the 71 acquired homes were one- and two-bedroom plans under $2.1 million, alongside three-bedroom types that sold fast at $2.3–$2.7 million. Larger four- and five-bedders commanded $3 million to $3.8 million.



This $2,490 psf average struck a chord with home seekers. Gafoor remarks that new 99-year offerings in the OCR have reached higher price levels, leading many to see added value in Bagnall Haus’s freehold status at a comparatively lower psf.


Commercial Units and Buyer Profiles



Aside from the 71 residential units, two strata shop units, each sized 172 sq ft, were sold for $688,000 ($4,000 psf).



ERA Singapore’s CEO, Marcus Chu, mentions that most owners plan to live in their units. Some previously owned older landed homes and now prefer modern condo living, while others are families from nearby estates wanting to secure a freehold residence.


The Hillshore Launch Date


Buyer Demographics and Preferences


Accessibility and Nearby Amenities



Bagnall Haus is close to established amenities, including Temasek Primary School, which lies within 1km. This convenience appeals to parents looking for recognized educational options.



With Sungei Bedok MRT Station on the way, Bagnall Haus residents can reach a transit hub at Bedok South MRT in a single stop, enhancing access to bus services, shops, and new housing.


Market Insights and Conclusion



Mark Yip, CEO of Huttons Asia, notes that a gap of 15 years since the previous launch in this locale, combined with freehold appeal, helped drive sales. He also points out the rarity of having a freehold project so near an MRT station.



Buyers appear to value a freehold condo that sits near an MRT station and a growing precinct. This has led to the rapid sales at Bagnall Haus, hinting at continued interest in new units there.


Alternative Conclusion



If you aim to settle in a well-connected district and prefer a freehold property, Bagnall Haus stands out. Its swift sales reflect the blend of local school access, upcoming transit links, and overall value.