UNDER THE HAMMER: Swiss Club Road bungalow for sale at $12.3 mil

By
/ EdgeProp Singapore
|
July 26, 2019 12:06 PM SGT
SWISS CLUB ROAD GCB - The two-storey bungalow is located in prime District 11
The two-storey bungalow is located in prime District 11 (Credit: ET&Co)
A two-storey bungalow on Swiss Club Road in prime District 11 will be put up for its first auction by Edmund Tie and Co (ET&Co) on July 31. This is an owner’s sale with an indicative price of $12.3 million ($1,218 psf).
The Singaporean owner, who has been staying in the house, has decided to “downsize” to a condo that has a range of facilities and security. “The house is too big for them to maintain,” says Joy Tan, head of auction and sales at ET&Co.
Sitting on an elevated freehold plot of about 10,091 sq ft, with a wide frontage of about 60m, the property has a built-up area of about 2,852 sq ft. The bungalow will be sold with vacant possession on an “as in where is “ basis.
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SWISS CLUB ROAD GCB - The house has a sprawling garden and is on an elevated plot
The house has a sprawling garden and is on an elevated plot (Credit: ET&Co)
The bungalow currently comprises five bedrooms and a helper’s room, and is suitable for addition and alteration works, or redevelopment. On the first level is the car porch, a split-level dining area, a living area that extends out to a patio. The living area has a high ceiling and views of the “sprawling garden”, adds Tan. A bedroom with an en suite bathroom and the helper’s room are on the first level as well. On the second floor, there are four bedrooms, including the master bedroom with an en suite bathroom.
Located within the Swiss Club Road Good Class Bungalow (GCB) area, and off the prime Bukit Timah and Dunearn Road areas, the bungalow is an eight-minute walk from The Grandstand, a family lifestyle destination in Bukit Timah. An array of retail services and F&B outlets can be found there. The house is also a six-minute drive from Beauty World Plaza, Bukit Timah Plaza, and Bukit Timah Market and Food Centre.
For price trends, recent transactions, other project info, check out the Swiss Club Road Good Class Bungalow details page
SWISS CLUB ROAD GCB - The living room comes with a high ceiling
The living room comes with a high ceiling (Credit: ET&Co)
“There has been no recent transaction within the Swiss Club Road GCB area, showing its rarity on the market,” says ET&Co’s Tan.
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“We have just launched the unit for marketing about one to two weeks ago, and have received fairly good interest from end-
users and boutique developers,” she adds.
For the Latest Listings near Swiss Club Road, Click Here