Single-storey GCB on Stevens Road going for $37 mil

Single-storey GCB on Stevens Road going for $37 mil

EdgeProp Singapore

January 14, 2022

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SINGAPORE (EDGEPROP) - A single-storey Good Class Bungalow (GCB) along Stevens Road is on the market for $37 million. It sits on an 11,047 sq ft corner plot and the asking price translates to about $3,350 psf on the land area.

The GCB is at the entrance to a cul-de-sac and the road is shared with only two other GCBs. The existing house comprises four bedrooms and has a total built-up area of about 3,000 sq ft. The property is marketed by Micah Lim, senior associate director at JKL Consultants.

Lim says the GCB was completed in 1986 and is a prime redevelopment opportunity for an aspiring owner to create a home that is built to their preferences and tastes.

“In terms of the absolute price and psf price of this property, this GCB plot offers the next owner an opportunity to own a prime landed home for under $40 million within this GCB cluster,” adds Lim.

The GCB is also located within the White House Park area, one of the most centrally located and highly desirable GCB neighbourhoods in Singapore.

Read more at: https://www.edgeprop.sg/property-new...d-going-37-mil