GCB at Yarwood Avenue for sale at $23 mil

By
/ EdgeProp Singapore
|
October 4, 2019 7:30 AM SGT
GCB YARWOOD AVENUE - A two-storey Good Class Bungalow (GCB) in the Yarwood neighbourhood will be put up for auction on Oct 16
A two-storey Good Class Bungalow (GCB) in the Yarwood neighbourhood will be put up for auction on Oct 16 (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
SINGAPORE (EDGEPROP) - A two-storey Good Class Bungalow (GCB) in the Yarwood neighbourhood will be put up for auction on Oct 16. This is an owner’s sale at a guide price of $23 million, or $1,216 psf based on land area, according to Knight Frank Singapore, which is handling the auction.
The landed home is a resort-like, Balinese-styled home at 18A Yarwood Avenue in the Kilburn Estate. The home has five bedrooms with en suite. It occupies a site of 18,911 sq ft and has a built-up area of 8,956 sq ft.
There is a car porch and sheltered terraces taking up 678 sq ft in the compound of the house. In addition, there is a basement, swimming pool, landscaped garden and koi pond.
ADVERTISEMENT
GCB YARWOOD AVENUE - The swimming pool in the GCB
The swimming pool in the GCB (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
“The property at 18A Yarwood Avenue has an accessible price-point for a GCB of its calibre, and is within reach of those looking to live [in] a home that is limited in supply,” says Sharon Lee, head of auction and sales at Knight Frank Singapore.
To that end, Knight Frank Singapore sees “sustainable interest for GCBs as they are limited in supply”, Lee says. “There are sales transactions for GCBs and requests for viewings [are ongoing]. It’s a matter of matching the needs of the buyer,” she adds.
GCB YARWOOD AVENUE - The property occupies a site of 18,911 sq ft and has a built-up area of 8,956 sq ft
The property occupies a site of 18,911 sq ft and has a built-up area of 8,956 sq ft (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
The 18A Yarwood Avenue GCB is also located within walking distance of King Albert Park MRT Station on the Downtown Line, with amenities such as a movie theatre, dining options, and a supermarket situated at KAP Shopping Mall and Bukit Timah Plaza.
Lee believes the GCB will attract buyers who are looking to stay in the property, especially those with children who are studying in the schools nearby, she says. They would also be able to enjoy the “good ambience with greenery”, she points out.
ADVERTISEMENT
GCB YARWOOD AVENUE - The en suite in the master bedroom
The en suite in the master bedroom (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
Properties along the same stretch of road that have been transacted recently include 19 Yarwood Avenue, which sits on 19,030 sq ft of land and fetched $22.15 million in February. Another property at 21B Yarwood Avenue was sold for $19.4 million in March 2018. It has a land-plot of 16,156 sq ft.
For price trends, recent transactions, other project info, check out the Yarwood Avenue project research page
Read also:
ADVERTISEMENT
Check out the latest listings near Yarwood Avenue, MRT Stations and Schools
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 4.4.51
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.