Distinguished Singapore-born pianist Seow Yit Family member is offering his bungalow together Chancery Lane with regard to S$21.888 million.
Mr Seow, who is today in his early 60s, spent my childhood years in the single-storey separate house.
The purchase price works out in order to S$1,227 per square foot (psf) based on the freehold land area of 17,844 sq ft. The District 11 rentals are in the Bukit Tunggal Good Class Bungalow (GCB) Place.
Bungalow agents usually described the psf price as reflecting the actual market value for any GCB redevelopment website in the locale. Two regional properties bought from May The year 2013 and 12 , 2014 selected S$28.5 zillion or S$1,378 psf and also S$25.39 trillion or S$1,061 psf respectively. Both were also distributed with aged houses on-site.
The property in the most recent deal will be on a site which has a broad road frontage and also quite a standard shape, and is also near excellent schools just like Anglo-Chinese School (Barker Road), Singapore Chinese Ladies’ School as well as St Joseph’s Establishment. The location can be easily accessible by means of Whitley, Dunearn and Thomson roadways.
The celebration buying the bungalow is identified as related to Onal Joo Soon, your founder of your Dovechem group.
One more recent financial transaction in a GCB Region was in Oriole Crescent; at S$14 million, the price ends up to S$1,645 psf about its land area of 7,511 sq ft.
Year to date, 9 deals adding up to S$204 million are already inked within GCB Areas depending on caveats information. The tally for the complete of this past year was Thirty eight deals amounting to be able to S$788.53 zillion.