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Belmont Road GCB relaunched for sale at lower guide price
It is seeking buyer through private treaty with asking price of S$40.8m
Fiona Lam
Published Fri, Aug 2, 2019 · 09:50 PM
Singapore
THE sprawling Good Class Bungalow (GCB) at 80 Belmont Road owned by The Stratech Group's Chew family has been relaunched for sale by private treaty after it failed to sell at an auction. It now has a lower asking price of S$40.8 million.
The freehold property was first put up for sale during an auction held on July 23 at Amara Singapore hotel, with a S$42 million guide price.
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