Top CEOs and foreign expatriates with deep pockets can expect to fork out about 15 per cent more in monthly rent to live in a black and white bungalow at Mount Pleasant. This according to analysts contacted by Channel News Asia after the master tenancy for the 33 colonial bungalows was awarded to The Ascott, CapitaLand's wholly-owned serviced-residence unit. This is despite Ascott submitting only the...
Black & White Bungalows
CapitaLand's subsidiary, The Ascott Limited, said it has been awarded the master tenancy of 33 Black and White residential bungalows at Mount Pleasant. The Ascott had submitted to the Singapore Land Authority the third highest bid of S$435,000 per month. It beat LHN Group's bid of S$510,009 per month and Atbara Holdings' bid of S$450,000. The colonial bungalows are offered for an initial tenancy period...
The Singapore Land Authority (SLA) has launched a tender for the master tenancy of 33 black and white bungalows at Mount Pleasant. The bungalows are rich in historical value. The leases of majority of the existing occupants expire in December 2010. SLA's newly launched tender has attracted some 30 companies. Property analysts said Mount Pleasant is centrally located, but lacks basic amenities like...
The Singapore Land Authority (SLA) has launched a tender for 33 black and white bungalows at Mount Pleasant. These colonial bungalows are approved for residential use. They will be offered for an initial tenancy period of three years with an option to renew for two more three-year terms. The units have a gross floor area (GFA) ranging from about 200 to 1,100 square metres and a land area ranging from...
Housing budgets at the top end have been slashed, but limited supply make these black-and-white bungalows built during the British colonial periods in the early 1900s coveted lifestyle homes for expatriate families JUST LAST MONDAY, Brandon and Gabrielle Batagol, together with their three young children, Zac, nine, Mathilde, seven, and Brigitte, four, moved into their brand-new black-and-white bungalow on...