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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. ....
May 24, 2021 Stackedhomes The landed property market saw a strong pick up in Q4 2020. Back then, we heard plenty of market watchers speculate that landed prices had to come down soon; it just took time for Covid-19’s effects to bite. Well, it hasn’t happened yet; and so far demand has been unrelentingly high. Case in point: The sale of a $128.8 million Good Class Bungalow (GCB) along Nassim Road, in Q1 of this year, at a jaw dropping $4,005 psf. And it has barely been 2 months since – and there have been reports of that record being broken. A GCB on Cluny Hill is in the early stages of a sale at $63.7 million, or a potentially new record of $4,291 psf. ....
Good Class Bungalow prices keep rising srx.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from srx.com.sg Daily Mail and Mail on Sunday newspapers.
Option granted to buy Cluny Hill bungalow at record $4,291 psf straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.