SUBSCRIBERS

Cuscaden Peak Investments sells Yarwood Avenue GCB for S$29.7 million

Other recent deals include Soilbuild’s purchase of a bungalow in Cornwall Gardens at S$47 million, as well as sales in Leedon Park and Binjai Park

Kalpana Rashiwala

Published Tue, Nov 8, 2022 · 03:54 PM

Singapore property

Cuscaden Peak Investments is selling a bungalow in Yarwood Avenue in the Kilburn Estate good class bungalow (GCB) Area for S$29.7 million. This works out to S$1,604 per square foot (psf) based on the 999-year leasehold property’s land area of about 18,519 square feet (sq ft).

The two-storey bungalow, with five bedrooms and a swimming pool, is currently leased. The buyer is a Singaporean involved in a range of businesses including computer hardware sales, real estate, and food and beverage.

The property is held by Cuscaden Peak Investments’ wholly-owned subsidiary Times Properties. (Cuscaden Peak Investments was formerly known as Singapore Press Holdings Private Limited before it was privatised in May.)