28 Apr '17, 5am

Victoria Park Close bungalow being sold for S$40m

Victoria Park Close bungalow being sold for S$40m

BIG residential property deals continue to be sealed. The latest deals include a bungalow in the Victoria Park Good Class Bungalow Area that is transacting at S$40 million, an apartment at The Marq on Paterson Hill that has fetched S$21.8 million and a couple of bungalow deals in Sentosa Cove. The Victoria Park Close bungalow that is being sold was built about 20 years ago and is on a sprawling site of 29,955 sq ft with 999-year leasehold tenure. The price works out to S$1,335 per square foot based on the land area. On site is a two-storey house with a basement sitting on a regular-shaped elevated plot with a wide road frontage. The house is said to have five bedrooms with a swimming pool and a big koi pond. Property agents generally describe the pricing as being in line with the market. The property is being sold by divorced doctor couple Gordon Lim and Ivon Kwee as well ...

Full article: https://www.srx.com.sg/singapore-property-news/36252/vict...

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