A freehold three-storey bungalow on Dunearn Close has been put up for mortgagee sale at an indicative price of $17 million ($1,205 psf), says Edmund Tie & Co, the appointed marketing agent for the sale. The bungalow sits on a land area of 14,100 sq ft and has a total floor area of 10,985 sq ft. It is located within the Chee Hoon Avenue Good Class Bungalow area, zoned under URA’s 2014 Master Plan.

According to Edmund Tie, the new owner can either redevelop the property into a new bungalow, or opt for addition and alteration works. The auction will take place on March 29 at Amara Hotel.