According to sources, the acquisition cost was $40.5 million ($ 2,517 psf), as well as the deal is claimed to be agented by Knight Frank.
At Coronation Road West, another GCB one more said to claimed changed hands transformed $47.288 million ($ 1,661 psf).
At Coronation Road West, another GCB one more said to stated changed have actually for $47.288 million ($ 1,661 psf). The cottage sits at the edge of Coronation Road West and also Holland Road.
The GCB at Bishopsgate that just recently altered hands for $65 million rests on a property website of 29,435 sq ft.
At Cornwall Gardens, off Leedon Road, a GCB resting on a property website of 16,089 sq feet is claimed to have actually simply changed hands lately as well. The GCB created by Chang Architects is claimed to have six bedrooms, a fitness center, entertainment areas, a library and several dining rooms. It also has a roof covering yard, yard yard, swimming waterfall, pool and koi fish pond.
The Good Class Bungalow (GCB) has actually been extremely active in current months, with 3 purchases done above $40 million over the previous month. The latest is a Good Class Bungalow sitting on a 29,435 sq feet, estate website at Bishopsgate marketed for $65 million ($ 2,208 psf). The GCB at Bishopsgate that just recently altered hands for $65 million sits on an estate website of 29,435 sq ft.
The purchaser is Lim Wan Looi, better half of Fragrance Group creator and exec chairman James Koh, who has gotten on an acquiring spree of bungalow sites this year, starting with the acquisition of a 25,272 sq ft, freehold GCB story for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based upon a caveat lodged with URA Realis. Prior to that, he purchased a 21,046 sq ft, freehold cottage website at Hillside Drive for $19.25 million ($ 915 psf), according to a caution lodged last September.
The GCB at Coronation Road West lately altered hands for $47.288 million.
The Good Class Bungalow (GCB) has actually been very active in recent months, with three purchases done above $40 million over the past month. The latest is a Good Class Bungalow resting on a 29,435 sq ft, estate website at Bishopsgate cost $65 million ($ 2,208 psf). It’s an old, single-storey bungalow that is set back from the main road, shrouded by trees. The GCB is likely to be torn down and redeveloped.
The award-winning cottage was thought to be completed sometime in 2015. A building title search reveals that the cottage is currently had by Esmond Choo, director of UOB Kay Hian that retired at the end of April this year.