The property has an area of about 22,000 sq ft and is located on a hillside slope. The site comprises two plots of freehold land that totals 46,842 sq ft. It features a 25m swimming pool, spa, home theatre, tennis court, private lift, wine cellar and a basement garage for 15 cars.
Danger - Keep out. Good Class Bungalow on fire sale. The fire is so big that it can burn the whole Indonesia forest. --Source: www.wikipedia.org
The house will likely hit a new record based on psf price for a property in the GCB area if successfully sold, said reports which added that Jones Lang LaSalle is the marketing agent.
Currently, the record price for a GCB belongs to a S$2,110 psf-priced
The latest sale exercise follows a trend of deals done by prominent local businessmen, including Simon Cheong’s (SC Global) S$42.5 million Cornwall Gardens home.
Moreover, a Nassim Road bungalow owned by Wing Tai Chairman Cheng Wai Keung and his wife Helen, was launched for sale in April. The price expectation on that sale is between S$250 million to S$300 million, or around S$2,947 – S$3,536 psf.