SUBSCRIBERS

Bishopsgate GCB sets record per square foot price

Its S$2,190 psf on land area tops the S$2,110 psf in Leedon Park in 2012. Separately, Ridout site is said to have been sold for over S$90m

Published Fri, May 22, 2015 · 09:50 PM

Singapore property

Singapore

AT least a couple of eye-popping deals have taken place in the Good Class Bungalow (GCB) market of late.

First, a record price of S$2,190 per square foot of land area has been set, from the sale of a luxuriously built and furnished bungalow in Bishopsgate. The absolute price is S$33 million for the two-storey freehold property, which has a basement and is on land of over 15,000 sq ft. The bungalow is three years old.