A newly built freehold bungalow in Jervois Hill is being sold for S$41.2 million, which works out to about S$2,729.52 per square foot on land area of 15,094 sq ft. This is a record price in terms of psf on land area for a transaction in a Good Class Bungalow Area – busting the previous high of S$2,350 psf set last year for a bungalow in Cluny Hill near the Botanic Gardens. That deal, which amounted to...
Prices of landed homes in Telok Kurau, Kovan and Joo Chiat could fall by 10 to 20 per cent following the introduction of new rules by the Urban Redevelopment Authority (URA) to limit the number of apartments that can be built in low-density housing areas, property analysts said. The rules, which kicked in on Thursday, are more likely to affect smaller developers, the analysts said. The plot size for all...
There has been a pick-up in sales of landed property at Frankel Estate recently. An established landed residential enclave, it’s located within a short driving distance of the Kembangan MRT station and within walking distance of eateries along Siglap Road. It is also in the proximity of good schools like Victoria Junior College, St Patrick’s School and Tao Nan School. According to caveats lodged with...
Prices have more than doubled over the last decade PRICES of good class bungalows (GCBs) have picked up strongly since early this year, topping prices fetched in the last property peak in 2007. GCBs are owned by a select group of wealthy individuals, who may well own more than one such bungalow. There are an estimated 2,500 GCBs in Singapore today. By definition, GCBs need to have a plot size of at least...
Buyers took advantage of lower prices, which have corrected by some 20 to 30% from the peak, and low interest rates to buy their dream landed homes A HOME these days has become more of a lifestyle statement and status symbol than just a roof over one's head. And what could answer both aspirations better than a plot of freehold land where the owner can dictate every last detail in a custom built house? So...
Compare listings
Compare