A highly coveted Good Class Bungalow (GCB) plot located in the prestigious Dalvey Estate, part of Singapore's exclusive Nassim Road area, has been put
A highly coveted Good Class Bungalow (GCB) plot located in the prestigious Dalvey Estate, part of Singapore’s exclusive Nassim Road area, has been put up for sale with a price tag of $60 million. The freehold property, which is being offered through an expression of interest (EOI) exercise, works out to around $2,742 per square foot based on the land area.
Cushman & Wakefield, the agency handling the sale, described the plot as being situated on elevated grounds, ideal for redevelopment. Shaun Poh, executive director of Capital Markets at Cushman & Wakefield, highlighted the property’s potential, stating that it is a perfect opportunity for buyers seeking to design their ideal multi-generational home or for developers looking to construct a luxury GCB tailored for the high-end market.
This rare sale represents a prime chance for affluent buyers to create a bespoke residence in one of Singapore’s most exclusive and prestigious residential locales. Known for their privacy, exclusivity, and long-term investment value, GCBs continue to be highly desirable assets in Singapore’s luxury property market.
The expression of interest period will close on February 11 at 3 pm, and interested parties are urged to submit their bids to secure the opportunity to own this exceptional piece of real estate.
COMMENTS