Landed Property

Belmont Rd GCB in 3rd stab at mortgagee sale with price shaved again to S$39m

A good class bungalow (GCB) at 80 Belmont Road, owned by The Stratech Group's Chew family, will be relaunched for auction next week with a lower guide price of S$39 million, marketing agent Knight Frank Singapore said on Thursday. The auction will be held on Sept 18 at 2.30pm at Amara Hotel, Level 3. The new guide price works out to S$1,444 per square foot (psf) based on 27,000 square feet (sq ft) in...

GCB on Belmont Rd for auction in mortgagee sale, with S$20m guide price

A good class bungalow (GCB) at 5 Belmont Road will be auctioned in a mortgagee sale with a guide price of S$20 million, marketing agent ERA Realty said on Wednesday. This works out to a price tag of around S$1,225 per square foot (psf), based on the guide price and 16,327 square feet (sq ft) in land area. The freehold, two-storey property has a pool, a large basement entertainment area, as well as...

91% of Luxus Hills (Signature Collection) sold during preview weekend

Developer Bukit Sembawang Estates has sold 71 of the 78 homes of its Luxus Hills (Signature Collection) during the preview weekend. 32 homes were sold on Aug 30, the first day of preview, prompting the developer to release the remaining 46 homes for sale. Prices ranged from S$3.058 million to S$4.2 million. 95 per cent of buyers bought homes for their own occupation, while about three quarters of...

Bukit Sembawang Estates’ Luxus Hills to open for preview on Aug 30

Property developer Bukit Sembawang Estates Limited 999-year leasehold landed development Luxus Hills has released 32 out of 78 units for sale. Public preview will begin this Friday. Having sold seven units to date, the four-storey landed homes of Luxus Hills start from around S$3.058 million to S$4.2 million and has a starting per square foot (psf) price of around S$1,894. Located within Seletar...

Bukit Panjang GCB up for auction with S$9m asking price

A good class bungalow (GCB) at 7 Chestnut Crescent will be put for sale via auction by its owner next month with an asking price of S$9 million, real estate firm Colliers International said on Monday morning. The freehold property is located within the GCB area in Bukit Panjang. There are 39 clusters in Singapore gazetted for GCBs. The asking price works out to around S$975 per square foot (psf),...

Nassim Road mansion sold for record S$230 million by Wing Tai chairman

A mansion sitting on a sprawling plot of land in Singapore has been sold for a record S$230 million, the latest in a string of eye-catching property deals in the country. The home on Nassim Road was sold by Winright Investment, whose listed shareholders are tycoon Cheng Wai Keung - chairman of developer Wing Tai Holdings, and his wife, according to business and property records reviewed by...

Billionaire Dyson to buy second lavish Singapore property

Inventor of the bagless vacuum cleaner James Dyson is poised to purchase his second luxury property in Singapore, complete with an infinity pool and indoor waterfall, weeks after news broke that he had snapped up the city-state's priciest penthouse. The Straits Times newspaper reported on Friday that the British billionaire had been given approval to buy the plush house - which was marketed at about...

Belmont Road GCB to be auctioned in mortgagee sale with S$42m guide price

A Good Class Bungalow (GCB) at 80 Belmont Road will be auctioned next week in a mortgagee sale with a guide price of S$42 million, property consultancy Knight Frank Singapore said on Tuesday. That works out to a price tag of about S$1,557 per square foot (psf). The auction will be held at 2.30pm on July 23, at the Connection Room on Level 3 of Amara Singapore hotel. The two-storey freehold...

Sakae Holdings founder Douglas Foo selling bungalow for S$16.13m

Sakae Holdings executive chairman and founder Douglas Foo is understood to be selling a bungalow in Cassia Drive in District 11 for nearly S$16.13 million. The price works out to S$1,542 per square foot based on the freehold land area of 10,458 sq ft. Located in the Raffles Park Good Class Bungalow (GCB) Area, the two-storey property is on a squarish plot. Mr Foo has been in the news recently...

SLA appoints Colliers to lease, manage 183 heritage bungalows

Singapore Land Authority (SLA) has appointed Colliers International to lease and manage 183 black-and-white heritage bungalows across various Singapore neighbourhoods. The bungalows under Colliers' care range in land area from 800 to 13,200 square metres and are located at various exclusive residential neighbourhoods including Adam Drive, Holland Road, King Albert Park, Tanglin Road and Watten Estate...

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