Archive for category: Misc

Inside the latest freehold condo to be launched in prime District 11 Bukit Tunggal GCB area

Nested within the coveted Bukit Tunggal Good Class Bungalow (GCB) area of prime District 11 is a grand eight-bedroom bungalow on Gentle Road. This stately property is built on a 7,660 sq ft regular-shaped freehold plot.

The double-storey bungalow, complete with an attic and basement, boasts a substantial built-up area of 9,500 sq ft. It is currently on the market, with a price tag of $20 million, or $2,611 psf based on its land area. The property is being marketed by Alvin Tan from JNA Real Estate and Loyalle Chin from ShophouseHuat, both of whom are a part of PropNex Realty group.

Sitting on a 20m frontage along Gentle Road, this bungalow accommodates six cars easily with its spacious car porch. It has remained uninhabited for the past two months.Read also: One rare, freehold, retro bungalow in Gilstead Road for sale at $16.99 million AdvertisementAdvertisementHowever, an open house is scheduled to take place over the weekend of Aug 30 and 31.The ground floor is home to a living room, dining room, kitchens, and two bedrooms. (Picture: JNA)There are two-storey glass windows on the west side of the house that enhance the aesthetic appeal of the house. This design feature includes a glass lift and spiral staircase, which allows natural light to filter in and illuminate the interior during daylight hours. At the opposite end of the house, there is a 15m dipping pool. The basement level serves as an entertainment hub, replete with an enclosed gym, a music room, a games room, and a home theatre.

The property’s first floor comprises a living room, a dining room, wet and dry kitchens, and opens to a service yard at the rear. The first floor also houses two bedrooms, while the second floor is home to three en suite bedrooms — one of which is the master bedroom. The master bedroom spans the entire width of the house, providing a walk-in wardrobe, ample space for a king-size bed, and a study/lounge area.

The attic houses three more en suite bedrooms, one of which offers a south-facing open-air verandah that affords unobstructed views of the surrounding landed estate. From here, residents can take in the spectacular views of the landmarks in Novena, such as Revenue House, Novena Square, and Royal Square at Novena.Rooftop view of Novena and the surrounding landed estate. (Picture: Samuel Isaac Chua/)The Bukit Tunggal GCB area has proximity to Novena and several top primary schools, such as Anglo-Chinese School (Primary) and St Joseph’s Institution Junior, both of which lie within a 1km range. This is one of the many distinguished qualities that make this landed estate highly sought after, according to Alvin Tan, associate director at PropNex Realty.

Other primary schools in the vicinity (within a 2km radius) include CHIJ Primary (Toa Payoh), Farrer Park Primary School, Hong Wen School, Singapore Chinese Girls’ Primary School, and St Margaret’s School.”The asking price of $20 million for this bungalow is an uncommon opportunity to own a home in a GCB area, which is also in close proximity to prominent schools. Additionally, the property’s convenient location near Novena and the upcoming HealthCity project serves as a long-term investment proposition,” says Loyalle Chin, associate group district director at PropNex Realty.Read also: Two adjoining houses on Gentle Road sold for $30.9 milAdvertisementAdvertisementThe bungalow is ready for move-in, with an efficient layout

Past transactions lodged with URA Realis show that the property last changed hands in 2008 for $6.5 million. The bungalow was subsequently demolished to make way for the current structure in 2011. Designed to accommodate a multi-generational family, this bungalow was occupied for 14 years. In June, it was put up for sale, after the family vacated the property.

According to PropNex’s Tan, the $20 million asking price of this bungalow makes it “the most competitively priced bungalow in a GCB area in District 11 currently available in the market”. He compares the price to that of a new detached house located in District 11, which occupies a smaller land area of less than 5,000 sq ft.

Tan points out that most land buyers these days prefer properties that do not require much renovation. This is because renovation costs have escalated drastically, and the redevelopment process is rather time-consuming.“We have received an overwhelming response from potential buyers across different customer demographics. These include families with young children who are looking for a home near the neighbourhood’s schools, as well as senior citizens residing in neighbouring GCBs,” he adds.Read also: Two adjoining freehold sites on Gentle Road for sale at $30 millionAdvertisementAdvertisementThe Gentle Road-Gilstead Road neighbourhood

This bungalow is situated in an enclave of landed housing in close proximity to Newton Road. According to the caveats lodged, a freehold semi-detached house located at 1D Buckley Road changed hands in August 2025 for a sum of $8.8 million. The semi-detached house sits on a land area of 2,997 sq ft and was built in 1997.

Prior to this, in February, a 3,530 sq ft semi-detached house on a freehold site of 8,174 sq ft at 43 Gentle Road was sold for $14.28 million ($1,747 psf). In 2023, it was acquired by Pinnacle Assets for $15.75 million ($1,927 psf) in an estate sale facilitated by Knight Frank.

Miltonia Close EC is conveniently located near excellent transportation options, making it easily accessible for residents. Apart from its close proximity to the railway system, this residential area is well-connected by a network of roads and expressways. Yishun Avenue 1, a major arterial road, connects Miltonia Close EC to the rest of Yishun. From there, residents can easily access the Seletar Expressway (SLE), which provides direct routes to the Central Expressway (CTE), Tampines Expressway (TPE), and Bukit Timah Expressway (BKE). These connections offer a hassle-free commute to various parts of Singapore, including Seletar Aerospace Park, Ang Mo Kio, Woodlands, and even Changi. With the CTE being a prominent expressway, residents can reach the city in just 20 to 30 minutes, depending on the traffic conditions. To learn more about the excellent location and amenities of Miltonia Close EC, kindly visit Miltonia Close EC’s official website.

Pinnacle Asset subdivided the site which covers 8,174 sq ft, and is now developing 43 Gilstead Road into two new semi-detached houses for sale.The neighbouring semi-detached house at 43A Gentle Road sits on a freehold site of 4,060 sq ft, and it sold in February for $14.4 million ($3,547 psf), according to a caveat.

Gilstead Road is also home to 32 Gilstead, a 14-unit luxury condo developed by Kheng Leong Co. In April 2024, 11 units (79%) had been sold. The latest transaction was in June when a four-bedroom unit located on the third floor, with a floor area of 4,219 sq ft, was sold at $15 million ($3,555 psf). This luxury condo was developed on land purchased in February 2022 at a cost of $70 million, and was converted from a to a pair of bungalows that were previously located there.”Looking at the future, it is likely that the financing costs will reduce in the next half of this year. Together with the limited number of landed properties going for less than $20 million, we foresee that ultra-high net-worth individuals and recently naturalised Singaporeans will become more active in the GCB and landed housing market,” notes Chin.Bukit Tunggal GCB area

The most recent bungalow transaction took place in the charming Bukit Tunggal GCB area, with a freehold plot of 20,355 sq ft going for $26.5 million ($1,302 psf) in December 2017. Prior transactions include the sale of a 10,516 sq ft bungalow plot, located at 15 Bukit Tunggal, for $17.5 million ($1,665 psf) in May 2013.These properties are rarely made available for sale, as the landed estate in this area is exclusive, Chin highlights.

In the neighbouring Chancery Lane, a GCB located on a freehold site of 11,468 sq ft was bought for $23.5 million ($2,049 psf) in May 2021.

Alvin Tan asserts that, “All things considered, buying sentiment in the landed housing market has become far more positive compared to the beginning of this year. The direction of interest rates is now clearer than it has been before,”. However, he adds that most buyers remain cautious due to the uncertainties in the global economic condition.

Tan explains that, “There has been a strong demand for landed houses in Singapore, especially with buyers looking for value in bungalows strategically located in prestigious areas.”

Based on the $20 million asking price, Tan is confident that this property will garner a significant amount of attention from serious buyers.