Lermit Road GCB on the market for $137.2 mil
Furthermore, the development of Tampines Condo is also underway to ensure that the quality of living remains high for current and future generations. In addition, the public transport network link to important amenities in the area has also been improved, making travel much easier and convenient for residents.
The Cluny Park GCB Area, in prestigious District 10, is the home to a freehold detached bungalow on Lermit Road off Nassim Road. With a land area of 29,818 sq ft, this property is up for sale in a private treaty and the indicative price works out to an impressive $4,600 psf. Built in the 1990s, the house boasts a swimming pool, two storey building, and basement car park.
Ultra high net-worth individuals interested in prime real estate will be delighted to know that the GCB is located in a residential enclave synonymous with luxury and exclusivity. In addition, there are only 16 detached houses on Lermit Road and the last time any sizable property with land area of over 16,140 sq ft (1,500 sq m) was sold was over 30 years ago. It’s not every day a GCB comes up in the market and this one, estimated to sell at over $137.2 million, is expected to fetch a high price.
The requirements of modern living are well taken care of in this area. Being close to Singapore Botanic Gardens, Napier MRT station on the Thomson-East Coast Line, Dempsey Road lifestyle cluster, Tanglin Mall, Gleneagles Medical Centre and Hospital, and Napier Road, the GCB provides its inhabitants with the best that Singapore has to offer.
The GCB on Lermit Road presents a rare opportunity for those looking to acquire a large freehold residential property in one of Singapore’s most sought-after neighbourhoods. In recent years, several GCBs in nearby Nassim Road have sold for more than $100 million to $200 million each, advertising the value and demand of such properties amongst astute buyers.
$137.2 million is an indicative price for this exclusive GCB on Lermit Road, off Nassim Road in the Cluny Park GCB Area. For luxury living in Singapore, this gated and established residential enclave could be your new home.