Astrid Hill good class bungalow sold for $49 million to Wilmar CEO's nephew, sister-in-law

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SINGAPORE - A steady stream of transactions is continuing to surface in the creme de la creme of the Singapore landed housing segment: good class bungalows (GCBs).

The freehold bungalow in Astrid Hill is on a site of 21, 116 square feet.SINGAPORE - A steady stream of transactions is continuing to surface in the creme de la creme of the Singapore landed housing segment: good class bungalows .

Located in the Queen Astrid Park GCB Area, the bungalow has two storeys and a basement. It has six bedrooms, a swimming pool, a gym and an entertainment room. The total built-up area is in the region of 12,000 sq ft. On the site is a two-storey bungalow with a basement, a swimming pool and a roof garden. The total built-up area is about 12,000 sq ft. The property was completed in 2009.

The buyer is understood to be a Singaporean member of an Indonesian family whose businesses include agriculture and commodities.

 

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