21 Sep '15, 8am

50s style bungalow hits market

Comment E-mail to friend Bookmark & Share A freehold good class bungalow (GCB) site at 53 Windsor Park Road (pictured ) has been put up for sale by public tender, according to marketing agent Colliers International. Located off Upper Thomson Road on a high terrain, the 21,091 sq ft site currently houses a part-single-part-two-storey bungalow built in the 1950s. The property is zoned within the “Windsor Park Good Class Bungalow Area” under the 2014 Master Plan. The indicative price is $27 million, which translates to $1,280 psf on the land, the consultancy said. Stella Hoh, Executive Director of Investment Services at Colliers, said the successful buyer could redevelop the site into a new house. “With only 34 GCB plots in the area, there are rarely any plots being offered for sale in the past few years. The last two recorded transactions in the vicinity were a 22,481 sq ft ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Comment E-mail to friend Bookmark & Share A freehold good class bungalow (GCB) site at 53 Windsor Park Road (pictured ) ha...

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