GCB in White House Park fetches S$45.5 million or S$3,017 psf on land area

Buyer is Fu Wei, CEO of healthcare-dedicated investment firm CBC Group; separately, chairman of Chinese pharma firm picks up waterway-facing bungalow in Sentosa Cove for S$34.5m

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Claudia Chong

Published Wed, Aug 17, 2022 · 05:50 AM

The house along White House Park is said to have been rebuilt nearly 20 years ago. PHOTO: BT READER
This bungalow along Ocean Drive transacted recently at S$34.5 million is one of about 350 villas in Sentosa Cove. PHOTO: GOOGLE MAPS

AMID the current lull in high-end landed residential property transactions, a bungalow along White House Park is being sold for S$45.5 million, which works out to S$3,017 per square foot on the freehold land area of 15,081 sq ft.

Located a short distance from the Singapore Botanic Gardens, the property is being bought by Singaporean Fu Wei, the chief executive of healthcare-dedicated investment firm CBC Group. The seller is a Singapore-incorporated company owned by a Sia family.

On site is a bungalow that is said to have been rebuilt around 2003.

Singapore property Good class bungalow