For instance, the
GCB at Jervois Hill sitting on a 15,094 sq ft, freehold site fetched $41.2 million ($2,730 psf) in June last year. Meanwhile, earlier this month, a newly completed GCB on Cluny Road purchased by the UK’s richest man,
James Dyson, is said to have fetched a price of above $41 million. The bungalow sits on a land area of about 15,100 sq ft. The original price tag of the bungalow was $45 million or $2,980 psf.