May 24, 2021
The bungalow is being developed by the Soh family behind lifestyle developer Meir Homes.
Business Times
SINGAPORE - A freehold property on Cluny Hill near the Singapore Botanic Gardens, with a bungalow under construction, is in the early stages of a sale for $63.7 million.
That translates to a record $4,291 per square foot (psf) based on 14,843 sq ft land - exceeding the $4,005 psf high set earlier this year for an existing bungalow in Nassim Road on a much larger area of 32,159 sq ft.
A local tech entrepreneur in his 30s, who recently sold a start-up firm, was recently granted an option to purchase the Cluny Hill bungalow, which will have two levels plus a basement and an attic. It will have six bedrooms and a swimming pool.
Good Class Bungalow prices keep rising
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Option granted to buy Cluny Hill bungalow at record $4,291 psf
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