The award-winning bungalow was thought to be completed sometime in 2015. A property title search shows that the bungalow is presently had by Esmond Choo, director of UOB Kay Hian that retired at the end of April this year.
The GCB at Bishopsgate that just recently changed hands for $65 million sits on an estate site of 29,435 sq ft.
According to sources, the purchase price was $40.5 million ($ 2,517 psf), as well as the deal is claimed to be brokered by Knight Frank.
The GCB at Coronation Road West just recently transformed hands for $47.288 million.
At Coronation Road West, another GCB an additional said to have changed hands for $47.288 million ($ 1,661 psf).
The Good Class Bungalow (GCB) has been extremely energetic in current months, with 3 deals done over $40 million over the past month. The latest is a Good Class Bungalow sitting on a 29,435 sq ft, freehold website at Bishopsgate cost $65 million ($ 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 as well as redeveloped.
At Coronation Road West, another GCB an additional said to have changed hands for $47.288 million ($ 1,661 psf). The bungalow sits at the edge of Coronation Road West as well as Holland Road.
The customer is Lim Wan Looi, wife of Fragrance Group creator and executive chairman James Koh, that has gotten on a buying spree of cottage websites this year, beginning with the acquisition of a 25,272 sq ft, property GCB plot for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based upon a caution lodged with URA Realis. Before that, he bought a 21,046 sq ft, property bungalow site 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 site of 16,089 sq ft is said to have actually simply transformed hands just recently too. The GCB designed by Chang Architects is stated to have six rooms, a health club, entertainment areas, a collection as well as several dining rooms. It also has a roofing system garden, yard garden, swimming pool, falls as well as koi fish pond.
The Good Class Bungalow (GCB) has been really energetic in recent months, with three deals done over $40 million over the previous month. The latest is a Good Class Bungalow resting on a 29,435 sq ft, estate site at Bishopsgate sold for $65 million ($ 2,208 psf). The GCB at Bishopsgate that lately changed hands for $65 million sits on a freehold website of 29,435 sq ft.