The buyer is expected to redevelop the site, which is situated on one of the highest points in the locality. The plot, with a frontage of 54m, may be redeveloped into a single mansion, or subdivided into two GCB parcels.
BT FILE PHOTO
A FREEHOLD bungalow in White House Park, near the Singapore Botanic Gardens, is being transacted for close to S$60 million.
Market watchers believe the price has crossed S$1,600 per square foot (psf) based on the land area of 35,290 sq ft.