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Thread: Sold: 2 good-class bungalows for $105 million

  1. #1
    Join Date
    Mar 2010
    Posts
    2,571

    Default Sold: 2 good-class bungalows for $105 million

    Still in strong demand:


    http://www.straitstimes.com/Breaking...ry_738260.html

    Sold: 2 good-class bungalows for $105 million
    Homes in Tanglin, Victoria Park draw good prices despite market slowdown
    By Esther Teo, Property Reporter

    Just when the property market looked like it was sliding into a pre-Christmas slumber, two good-class bungalows have been sold for a total of $105 million.

    Both homes - one in Victoria Park Road, the other in Tanglin Hill - were bought and sold by Singaporeans.

    The Straits Times understands that the Tanglin Hill home went for $57 million - or $1,648 per sq ft (psf) - the second-highest overall price this year.

    The two-storey house and pool were completed in 1990, and sit on a 34,579 sq ft site with a built-up area of about 8,000 sq ft.

  2. #2
    Join Date
    Jan 2009
    Posts
    1,035

    Default

    this will always trend up unlike others

    btw once in a blue moon type of transaction

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