>

Good Class Bungalow on Swiss Club Road for sale at $39.9 mil

By Hailey Yu

/ EdgeProp Singapore |

August 19, 2022 2:31 PM SGT

SINGAPORE (EDGEPROP) - A Good Class Bungalow (GCB) located along Swiss Club Road has been put up for sale via private treaty at $39.9 million, which translates to a land rate of $1,874 psf, as announced on Aug 18.

The GCB Luxury Homes division at ERA Capital Markets and Investment Sales (CMIS) is the sole marketing agent for the property.

Located within the tranquil Swiss Club Road GCB enclave, the freehold land plot spans 21,293 sq ft. It is occupied by a 10,600 sq ft, two-storey bungalow with an attic, according to Douglas Wong, senior director of CMIS. The vast size makes it suitable for big or multi-generation families, he adds.

Built in 1997, the house is clad with textured bricks. Featuring a floor-to-ceiling window, the first storey opens to an internal courtyard. A driveway leads to the house from the main street and keeps the street noise at bay. The property is currently tenanted.

The nearest MRT station, Sixth Avenue (on the Downtown Line), is located a short walk away. Education institutions nearby include Methodist Girls’ School (Primary), Pei Hwa Presbyterian Primary School and Raffles Girls Primary School.

Demand for GCBs — a rare residential asset class in Singapore — are fuelled by local ultra-high-net-worth individuals, newly minted Singapore citizens and younger new market entrants, says Wong.

Check out the latest listings near Swiss Club Road, Sixth Avenue MRT Station, Methodist Girls’ School (Primary), Pei Hwa Presbyterian Primary School, Raffles Girls Primary School

Tags:

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Project Spotlight: This condo in Ang Mo Kio has 241 profitable and no unprofitable transactions

2

Novo Place hits 88.1% as 137 units snapped up in second balloting

3

Record-breaking 1,000 HDB resale flats hit $1 mil in 2024

4

Is it a Good Deal?: A duplex penthouse in Sentosa sold for a loss of $1.93 million

5

10 best-selling new private residential projects of 2024

Our Site

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.