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Bungalow in Jervois Hill sells for S$30.88m

The price works out to S$2,032 per square foot on freehold land area of 15,194 sq ft

Kalpana Rashiwala

Published Wed, Jan 30, 2019 · 09:50 PM

Singapore property

Singapore

THE Good Class Bungalow (GCB) market has seen what is believed to be its first major deal this year, with a property on Jervois Hill changing hands for S$30.88 million.

The price works out to S$2,032 per square foot on freehold land area of 15,194 sq ft.

Located within the Chatsworth Park GCB Area, the bungalow was built around nine to 10 years ago and it has two storeys and an attic - all connected via a private lift.

There is also a basement, which houses a theatre, gym and wine cellar. The bungalow has a total of seven bedrooms - six of which are ensuite - and a swimming pool. It is…