GCB in Jalan Kampong Chantek sold for S$27.6m

Singapore

IN what could be the first transaction in a Good Class Bungalow (GCB) Area this year, a bungalow along Jalan Kampong Chantek off Dunearn Road is changing hands for S$27.59 million.

This works out to about S$1,003 per square foot (psf) based on the freehold land area of 27,504 sq ft.

Perched on an upward-sloping site is an old vacant house with around 11,000 sq ft built-up area spanning two storeys and an attic level. It has a seven bedrooms and a swimming pool.

The property, which is currently vacant, is in t…