BT EXCLUSIVE

Jervois Hill bungalow sold for record S$2,729 psf on land area

Wah Loon Engineering founder Alan Chong's family is buying the property for S$41.2m

Bungalow investor George Lim bought the freehold site for S$25.8m in 2012 and spent S$10 million-plus building the bungalow, which spans two levels and a basement.
PHOTO: GEORGE LIM

The floating sculptural staircase at the entrance hall.
PHOTO: GEORGE LIM

Singapore

A NEWLY built freehold bungalow in Jervois Hill is being sold for S$41.2 million, which works out to about S$2,729.52 per square foot on land area of 15,094 sq ft.

This is a record price in terms of psf on land area for a transaction in a Good Class Bungalow Area -