The Good Class Bungalow (GCB) has actually been extremely energetic in recent months, with 3 deals done over $40 million over the past month. The latest is a Good Class Bungalow resting on a 29,435 sq feet, property site at Bishopsgate sold for $65 million ($ 2,208 psf). The GCB at Bishopsgate that recently altered hands for $65 million rests on an estate website of 29,435 sq ft.
The prize-winning bungalow was thought to be finished sometime in 2015. A property title search reveals that the cottage is presently had by Esmond Choo, supervisor of UOB Kay Hian that retired at the end of April this year.
At Coronation Road West, one more GCB is said to have actually altered hands for $47.288 million ($ 1,661 psf). A property title search showed that an offer had actually taken place on July 4. The bungalow rests at the edge of Coronation Road West and Holland Road. It is an eight-bedroom manor with a 20m pool resting on a freehold website of 28,474 sq ft.
The GCB at Bishopsgate that just recently transformed hands for $65 million rests on a property website of 29,435 sq ft.
The deal at Coronation Road West was brokered by Steve Tay, senior associate vice-president of List Sotheby’s International Realty, who declined to comment. Tay had noted the property up for sale at $48 million last year.
According to sources, the acquisition price was $40.5 million ($ 2,517 psf), as well as the deal is said to be brokered by Knight Frank.
At Coronation Road WestRoadway another GCB is said to stated changed hands for $47.288 million ($ 1,661 psf).
The GCB at Coronation Road West just recently changed hands for $47.288 million.
The customer is Lim Wan Looi, wife of Fragrance Group founder and exec chairman James Koh, that has been on an acquiring spree of cottage websites this year, starting with the acquisition of a 25,272 sq ft, freehold GCB plot for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based on a caution lodged with URA Realis. Prior to that, he bought a 21,046 sq ft, estate cottage website at Hillside Drive for $19.25 million ($ 915 psf), according to a caveat lodged last September.
Meanwhile, at Cornwall Gardens, off Leedon Road, a GCB resting on a freehold website of 16,089 sq ft is stated to have actually just transformed hands recently as well. The GCB made by Chang Architects is claimed to have 6 bedrooms, a gym, home entertainment rooms, a collection as well as numerous dining-room. It additionally has a roofing system garden, courtyard yard, swimming koi, swimming pool and also waterfall pond.
The Good Class Bungalow (GCB) has actually been extremely active in recent months, with three transactions done over $40 million over the previous month. The latest is a Good Class Bungalow resting on a 29,435 sq feet, property site at Bishopsgate marketed for $65 million ($ 2,208 psf).
