A 106-year-old bungalow in Holland Road is being put up for tender after being vacant for more than a decade, with a guide rent of S$50,400 a month. The two-storey black and white bungalow at Gallop Road used to be the residence of a French Ambassador, but is now a state building managed by the Singapore Land Authority. The 150,000-square-feet property has four bedrooms, three maid’s rooms and is a...
Bungalow
A new record price psf of land area has been set after a Sentosa Cove bungalow was sold for S$32.5 million, or S$3,214 psf on the land area of 10,111 sq ft. The Ocean Drive property was reportedly bought by a Malaysian citizen from a Singaporean investor, noted The Business Times. This latest deal breaks the record set by another Sentosa Cove home sold for S$28.2 million, or S$2,989 psf on a land area of...
After several weeks of stagnation, the bungalow market is starting to move again, as the stock market becomes more solid and the Eurozone crisis has shown improvement of late. “The market is surprisingly getting back its momentum and buyers are making offers for units which are reasonably priced,” said William Wong, Managing Director at RealStar Premier Group, which specialises in bungalows around...