Whether you've clicked on this article out of sheer curiosity or are seriously eyeing a prime piece of property, this newly listed bungalow along Dunearn Road, with a price tag of $60 million, deserves a closer look.
Located at 436 Dunearn Road, this freehold estate sits atop a hill in the prestigious Bukit Timah area, offering privacy and seclusion as it is hidden from street view. The main residence is a two-storey home featuring a circular driveway and a single-storey annexe. And next to the annexe, you'll find a two-car garage and a covered car porch.
The house is a five-minute walk to Tan Kah Kee MRT station, and a 15-minute stroll to the Singapore Botanic Gardens. The area is also surrounded by top schools including Nanyang Girls' High School, Hwa Chong Institution, National Junior College and Methodist Girls' School.
What makes this house extra special is its history. This charming home was once owned by the family behind Singapore's Green Bus Company – a name that might ring a bell for transport history buffs. The company was one of the few operators running small seven-seater motor buses around Singapore in the 1930s.
In the early 1950s, the family acquired the Dunearn Road plot, completing renovations in 1953. Despite housing up to four generations at one point, the property has remained largely unchanged over the past 70 years. And here's a fun fact: Ng Teng Fong, the late property tycoon, lived just behind this man – and yes, the neighbours were friends.
The property is now on the market for $60 million, with redevelopment potential for up to four detached houses. Current construction costs for new homes are estimated at $550 to $600 per sq ft.
For those of us who aren't quite in the market for multi-million-dollar mansions, this is one juicy piece of real estate news – we'll just have to settle for admiring it from the outside.
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