Lim Wan Looi, wife of Fragrance Group’s boss, buys Good Class Bungalow at Bishopsgate for $65 mil

The prize-winning cottage was believed to be completed sometime in 2015. A residential or commercial property title search reveals that the bungalow is presently had by Esmond Choo, director of UOB Kay Hian who retired at the end of April this year.

The bargain at Coronation Road West was agented by Steve Tay, elderly associate vice-president of List Sotheby’s International Realty, that declined to comment. Tay had actually listed the home for sale at $48 million last year.

The GCB at Coronation Road West lately transformed hands for $47.288 million.

The Good Class Bungalow (GCB) has been extremely energetic in recent months, with 3 deals done over $40 million over the previous month. The most current is a Good Class Bungalow resting on a 29,435 sq feet, estate website at Bishopsgate offered for $65 million ($ 2,208 psf). The GCB at Bishopsgate that recently changed hands for $65 million rests on an estate site of 29,435 sq ft.

At Cornwall Gardens, off Leedon Road, a GCB sitting on a freehold website of 16,089 sq ft is stated to have actually just transformed hands lately too. The GCB developed by Chang Architects is stated to have 6 bedrooms, a health club, entertainment areas, a library as well as numerous dining rooms. It likewise has a roof covering yard, courtyard garden, swimming falls, pool and also koi pond.

At Coronation Road West, an additional GCB is stated to have changed hands for $47.288 million ($ 1,661 psf). A property title search revealed that a deal had occurred on July 4. The bungalow sits at the edge of Coronation Road West and Holland Road. It is an eight-bedroom manor with a 20m pool sitting on an estate website of 28,474 sq ft.

The Good Class Bungalow (GCB) has actually been extremely energetic in current months, with 3 transactions done over $40 million over the past month. The most recent is a Good Class Bungalow resting on a 29,435 sq ft, freehold website at Bishopsgate sold for $65 million ($ 2,208 psf). It’s an old, single-storey bungalow that is set back from the main road, shrouded by trees. The GCB is likely to be taken down and also redeveloped.

The buyer is Lim Wan Looi, wife of Fragrance Group creator as well as exec chairman James Koh, that has actually gotten on a buying spree of cottage sites this year, beginning with the acquisition of a 25,272 sq ft, estate GCB plot for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based on a caveat lodged with URA Realis. Before that, he purchased a 21,046 sq ft, freehold bungalow site at Hillside Drive for $19.25 million ($ 915 psf), according to a caution lodged last September.

According to resources, the acquisition price was $40.5 million ($ 2,517 psf), and also the offer is claimed to be brokered by Knight Frank.

The GCB at Bishopsgate that just recently changed hands for $65 million rests on a property website of 29,435 sq ft.

At Coronation Road West, another GCB is said to claimed changed hands transformed $47.288 million ($ 1,661 psf).

Copen Grand Developer CDL

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