In today’s property market, it’s not often that you come across a home that is both affordable and well-situated. At 59 Circuit Road, however, there lies a hidden gem a three-room flat priced at just S$350,000. For buyers who value convenience, accessibility, and the charm of a mature estate, this unit represents an excellent opportunity.

A Home with Character and Potential

This 646-square-foot flat may not boast flashy renovations or high-end fittings, but therein lies its appeal. With minimal built-in cabinetry, the unit provides a blank canvas for new homeowners to design and renovate according to their own taste. Whether you dream of a modern minimalist layout, a cozy vintage style, or something in between, this home allows you to shape the space freely without the need for costly hacking or removal of outdated fixtures.

The floor plan is efficient and practical. The master bedroom includes an attached bathroom, offering privacy and convenience, while the second bedroom can easily serve as a child’s room, study, or guest room. The presence of two bathrooms is especially useful for families, ensuring that morning routines are smoother and more comfortable.

Located on the second floor, this corridor unit provides easy access without long waits for the lift. For elderly residents, young children, or anyone who values convenience, this low-floor position is a plus point.

Important Upgrades Already Completed

One of the biggest advantages of this unit is that the Home Improvement Programme (HIP) has already been carried out and fully billed. This means that essential upgrading works such as toilet improvements and structural enhancements are completed, giving peace of mind to buyers. New homeowners can move in without worrying about pending works or unexpected expenses.

Do note that a three-month extension of stay is required by the current owners, which is a fairly common arrangement in today’s resale market. This allows sellers to transition smoothly to their next home, while buyers can plan their own renovations and move-in timeline with some flexibility.

A Home with Heritage

Built in 1969, this block carries with it more than five decades of history. Like many flats in mature estates, the flat has witnessed generations of families grow up, move on, and make lasting memories. With 42 years of lease remaining, the property is best suited for buyers who prioritize affordability and location over long lease tenure. For those who value staying close to family, workplace, or schools, this can be a practical and budget-friendly option.

The flat falls under the Ethnic Integration Policy (EIP) quota, which currently allows only Chinese and Malay buyers. While this may limit the pool of potential buyers, it also provides an opportunity for eligible buyers to secure a well-located home at an attractive price point.

Location: Everyday Convenience at Your Doorstep

Perhaps the biggest highlight of this flat is its unbeatable location. Situated just a five-minute walk from MacPherson MRT Station, residents enjoy direct access to the Circle Line and Downtown Line. This means shorter commutes to key employment hubs, educational institutions, and lifestyle destinations across Singapore.

Daily necessities are well within reach. Within walking distance, you’ll find local markets, hawker centres, and a variety of shops. Circuit Road is well-known for its vibrant food scene, offering everything from traditional hawker fare to modern eateries. For those who enjoy a lively community atmosphere, this estate provides just that a mix of old-school charm and everyday practicality.

Families will appreciate the proximity to schools, playgrounds, and community amenities, while elderly residents benefit from the easy access to medical clinics, wet markets, and community centres. Unlike newer estates where amenities are still being developed, Circuit Road is a mature neighbourhood where everything you need is already in place.

A Great Option for First-Time Buyers and Downsizers

This flat is particularly appealing for first-time buyers who are looking for a starter home without overstretching their finances. With its affordable price tag, it leaves room for renovation and furnishing costs, ensuring buyers can personalize their living space without breaking the bank.

It’s also a strong option for retirees or empty nesters looking to downsize. The manageable size of the unit, low-floor accessibility, and convenience of nearby amenities make it a practical and comfortable choice for senior living.

A Worthwhile Investment in Lifestyle

While the remaining lease may not appeal to everyone, this flat is more than just a property transaction it’s a lifestyle choice. Living at Circuit Road means being part of a warm and established community, enjoying easy transportation links, and having your daily needs within arm’s reach. For many, these lifestyle benefits outweigh concerns about lease length, especially when considering the affordability of the unit.

In an era where housing prices are climbing and competition for well-located homes is intense, opportunities like this don’t come by often. With its combination of price, location, and potential, the three-room flat at 59 Circuit Road stands out as a rare and valuable find.

 

Final Thoughts

If you are eligible under the EIP and are searching for a practical, affordable, and well-connected home, this unit is worth serious consideration. It may not be the newest or the largest, but it offers what many buyers truly value: convenience, flexibility, and community.

At S$350,000, this 3-room flat is more than just a property listing it’s a chance to create a home, build memories, and be part of one of Singapore’s most established neighbourhoods.

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