A bungalow at Gallop Park Road with a land area spanning 14,832 sq ft has been launched for sale at $32 million, translating to $2,157 psf. The property has a current built-up area of about 6,000 sq ft, according to exclusive marketing agency Huttons Asia.
The asset is also being offered as a rebuilt bungalow by architectural firm JDB Design and Build at $49 million, with a built-up area of 25,200 sq ft.
Nestled within the Gallop Road and Woollerton Park enclave, the District 10 property is located near the Singapore Botanic Gardens, while remaining within easy reach of Holland Village, Orchard Road and the Central Business District, says Huttons Asia.
The plot is also located within 2km of Hwa Chong Institution, Nanyang Primary School, Raffles Girls’ Primary School and St. Margaret’s School.
The new-built option will include a two-storey bungalow featuring five en-suite bedrooms, a helper’s room, a car porch that fits up to six cars, a gourmet kitchen, a family lounge and a guest wing that caters to multigenerational households and entertainment.
The purchaser can also expect high ceilings, expansive floor-to-ceiling glass panels and formal living and dining areas overlooking a resort-style swimming pool and manicured garden, says Huttons Asia.
See also: 13,523 sq ft freehold site at 2 and 4 Jalan Ulu Siglap for sale at $28 mil
Properties within the Gallop Park and Woollerton Park Good Class Bungalow (GCB) enclave are “among the most tightly held in Singapore”, says Mey Lim, associate division director of Huttons Asia. “This offering represents a singular opportunity to acquire a freehold estate of unrivalled prestige and legacy value in one of the island’s most sought-after enclaves.”
This enclave has also recorded “limited transaction activities”, making this plot “exceptionally rare”, says Lawrence See, senior group district director of Huttons Asia.
The last transaction in the area was the sale of a 15,257 sq ft bungalow at $31.5 million, adds See.
“With Singapore’s continued appeal as a global wealth hub and the scarcity of land in GCB areas, demand for trophy assets of this calibre remains exceptionally strong,” says Lee Sze Teck, senior director of data analytics of Huttons Asia.
