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SG For sale: $25m GCB off Holland Road

Property Here - Thursday, August 15, 2013

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A good class bungalow (GCB) at East Sussex Lane off Holland Road has been launched for tender at a guide price of S$25 million, according to marketing agent CBRE. 

Located within the Holland Rise Good Class Bungalow Area, the 15,100 sq ft property comprises four levels of extendable living space which includes six fully-furnished ensuite bedrooms with built-in furniture and beds. There is also a basement family area with state-of-the-art home theatre, billiard room and accomodation for domestic helpers and staff. 

Additionally, there are condo-like facilities within the property such as a 27-metre infinity lap pool, a gymnasium in the attic, BBQ areas, landscaped garden and koi pond. 

According to CBRE, the site is close to Holland Village and the Science Park in Buona Vista.

Douglas Wong, Head of Luxury Homes at CBRE, said: "There is very limited supply of Good Class Bungalows in centrally located areas. The unique charm and resort style of the property appeals to the niche and discerning home buyer." 

Wong added: "We expect demand for Good Class Bungalows to be healthy and this trend to continue throughout 2013 because of sound market fundamentals."  

The tender for the property closes on 16 September.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@allproperty.com.sg