The GCB at Bishopsgate that recently changed hands for $65 million sits on a property website of 29,435 sq ft.
The customer is Lim Wan Looi, other half of Fragrance Group founder as well as exec chairman James Koh, that has gotten on an acquiring spree of cottage sites this year, beginning with the acquisition of a 25,272 sq ft, property GCB story for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based on a caution lodged with URA Realis. Before that, he acquired a 21,046 sq ft, estate bungalow website at Hillside Drive for $19.25 million ($ 915 psf), according to a caveat lodged last September.
At the same time, at Cornwall Gardens, off Leedon Road, a GCB sitting on a property website of 16,089 sq ft is stated to have just transformed hands recently too. The GCB created by Chang Architects is said to have six bed rooms, a health club, amusement areas, a library and also multiple dining-room. It also has a roofing garden, courtyard garden, swimming falls, swimming pool and koi pond.
The prize-winning bungalow was believed to be finished sometime in 2015. A property title search reveals that the cottage is currently had by Esmond Choo, supervisor of UOB Kay Hian that retired at the end of April this year.
The Good Class Bungalow (GCB) has actually been very active in current months, with three transactions done over $40 million over the past month. The current is a Good Class Bungalow resting on a 29,435 sq ft, property website at Bishopsgate sold for $65 million ($ 2,208 psf). It’s an old, single-storey bungalow that is set back from the highway, shrouded by trees. The GCB is most likely to be taken apart and also redeveloped.
At Coronation Road West, another GCB is said to have actually transformed hands for $47.288 million ($ 1,661 psf). A home title search showed that an offer had actually occurred on July 4. The cottage rests at the corner of Coronation Road West and Holland Road. It is an eight-bedroom estate with a 20m pool sitting on a freehold website of 28,474 sq ft.
The GCB at Coronation Road West just recently changed hands for $47.288 million.
According to sources, the purchase price was $40.5 million ($ 2,517 psf), as well as the deal is said to be brokered by Knight Frank.
The Good Class Bungalow (GCB) has actually been really energetic in current months, with three transactions done over $40 million over the past month. The most recent is a Good Class Bungalow resting on a 29,435 sq feet, estate site at Bishopsgate sold for $65 million ($ 2,208 psf). The GCB at Bishopsgate that lately altered hands for $65 million sits on an estate website of 29,435 sq ft.
At Coronation Road West, another GCB an additional said to stated changed have actually transformed $47.288 million ($ 1,661 psf).
The bargain at Coronation Road West was brokered by Steve Tay, senior associate vice-president of List Sotheby’s International Realty, who decreased to comment. Tay had provided the home offer for sale at $48 million in 2015.