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SINGAPORE PROPERTY

Nassim Road bungalow back on the market, this time with record S$308 million price tag

The property owned by Hong Fok joint chief executive officer Cheong Pin Chuan and his wife includes a conservation bungalow on part of the 58,784-sq-ft site

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Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Oct 9, 2024 · 09:09 PM
    • The conservation bungalow in Nassim Road occupies the biggest of the three plots to be put on the market.
    • The living room of the Nassim Road conservation bungalow owned by Cheong Pin Chuan and his wife.
    • The owners’ preference is to sell the entire property, which is on three plots of land. But they are also open to selling just the rear plot with the conservation bungalow.
    • The conservation bungalow in Nassim Road occupies the biggest of the three plots to be put on the market. PHOTO: REALSTAR
    • The living room of the Nassim Road conservation bungalow owned by Cheong Pin Chuan and his wife. PHOTO: REALSTAR
    • The owners’ preference is to sell the entire property, which is on three plots of land. But they are also open to selling just the rear plot with the conservation bungalow. PHOTO: REALSTAR

    A TWO-STOREY freehold conservation bungalow in Singapore’s Nassim Road owned by Hong Fok Corporation joint chief executive Cheong Pin Chuan will be put on the market again.

    If met, the S$308 million asking price this time around – up from S$175 million in 2019 – will make it the biggest transaction in absolute price quantum in a Good Class Bungalow (GCB) Area.

    The latest price works out to about S$5,240 per square foot (psf), based on the total land area of 58,784 sq ft. The site comprises three land lots. The conservation bungalow, which is set back from the main road, is on the biggest of the three plots; it has a land area of 28,138 sq ft.

    Singapore propertyResidentialGood class bungalowSingapore residential property

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