OCBC is putting another property in its historical property portfolio up for sale. This time it is a pair of freehold conservation shophouses along Bukit Pasoh Road, near Keong Saik Road and a stone's throw from Outram MRT Station. The guide price for 11 and 13 Bukit Pasoh Road is in the region of S$20 million, which works out to about S$2,350 per square foot based on the gross floor area (GFA) of 8,503...
Landed Property
The British government is expected to relaunch two freehold Nassim Road Good Class Bungalow (GCB) plots carved out from part of the garden land at the British High Commissioner's residence, Eden Hall. This comes after bids during the initial tender that closed in January - when sentiment slumped during the stock market rout - did not meet the guide price. BT understands that the guide price has also...
In what is the biggest transaction in a Good Class Bungalow Area in nearly a year, a house along Kingsmead Road where the late Raffles Institution principal Philip Liau used to reside is being sold for S$29 million. The price works out to S$1,065 per square foot based on the freehold land area of 27,228 sq ft. The buyer is understood to be Darwin Indigo, a nephew of Wilmar executive deputy chairman...
Victoria Park Villas is an exclusive and prestigious landed development in the prime District 10 offering 106 semi-detached houses and three distinctive bungalows. Sitting on a 403,000 square feet site at the junction of Coronation Road and Victoria Park Road, Victoria Park Villas is a rare collection of landed houses perched on elevated land along Victoria Park Road within the Good Class Bungalow...
THE Good Class Bungalow (GCB) market may be headed for a pick-up in transaction volumes this year, if the results for the first quarter are anything to go by. A mix of lower price expectations by owners and pent-up demand for the limited-supply, prestigious landed housing form has helped to narrow the price gap. The result is that more deals were sealed in Q1 than in the previous quarter and in the...
The founder of a popular Sichuan-style hotpot (steamboat) chain that originated in China and which is well-known for its dedicated customer service - is understood to have bought a Good Class Bungalow at Gallop Road. Zhang Yong, a Singapore citizen, is paying S$27 million for the bungalow, which was rebuilt and completed in 2012. The price works out to S$1,700 psf based on the property's freehold land...
ONE man's misfortune might be another man's opportunity. But no one succeeded in seizing the chance to buy the freehold bungalow at 85 Branksome Road, owned by the recently bankrupted managing director of spice trader Pars Ram Brothers. The property was put up for sale by the lender on Wednesday at DTZ's auction, but it failed to find a buyer despite a healthy turnout. This was despite the property...
A FREEHOLD District 15 bungalow in the Tanjong Katong area owned by the recently bankrupted managing director of spice and nut trader Pars Ram Brothers has been put up for auction as a mortgagee sale. The indicative price of the property, at 85 Branksome Road, is about S$16 million, which translates to S$1,213 per square foot on the land area of 13,189 sq ft. On the site is a single-storey bungalow...
At least four properties in Good-Class Bungalow (GCB) areas have been transacted so far this year. Among the latest is a bungalow along Peirce Road that has changed hands for almost S$24 million. The price works out to S$1,479 per square foot (psf) based on the freehold land area of 16,224 square feet. Located in the Ridout Park GCB area, the two-storey property is understood to have been bought by...
Part of the garden at Eden Hall, the official residence of the British High Commissioner in Singapore, has been launched for sale by public tender by the British government's Foreign & Commonwealth Office. Details of the tender of land - in two adjoining freehold plots of Good-Class Bungalow (GCB) land on Nassim Road - will be announced soon, said CBRE, the sole marketing agent. Subject to final...