Jul 08

Lim Wan Looi, wife of Fragrance Group’s boss, buys Good Class Bungalow at Bishopsgate for $65 mil

At Coronation Road WestRoadway another GCB is said to claimed changed hands altered $47.288 million ($ 1,661 psf).

The Good Class Bungalow (GCB) has actually been really energetic in current months, with 3 deals done over $40 million over the past month. The newest is a Good Class Bungalow resting on a 29,435 sq ft, freehold site at Bishopsgate sold for $65 million ($ 2,208 psf). The GCB at Bishopsgate that just recently altered hands for $65 million sits on a freehold site of 29,435 sq ft.

The Good Class Bungalow (GCB) has been really active in current months, with three purchases done above $40 million over the previous month. The newest is a Good Class Bungalow sitting on a 29,435 sq feet, property site at Bishopsgate sold for $65 million ($ 2,208 psf).

The GCB at Bishopsgate that lately transformed hands for $65 million sits on a freehold site of 29,435 sq ft.

The prize-winning cottage was thought to be finished at some time in 2015. A building title search reveals that the cottage is currently possessed by Esmond Choo, supervisor of UOB Kay Hian who retired at the end of April this year.

At Coronation Road WestRoadway another GCB one more said to stated changed have actually altered $47.288 million ($ 1,661 psf). The bungalow rests at the edge of Coronation Road West and also Holland Road.

The GCB at Coronation Road West lately transformed hands for $47.288 million.

Copen Grand Tengah

The buyer is Lim Wan Looi, other half of Fragrance Group owner as well as exec chairman James Koh, that has actually been on an acquiring spree of cottage websites this year, starting with the purchase of a 25,272 sq ft, freehold GCB story for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based upon a caveat lodged with URA Realis. Prior to that, he bought a 21,046 sq ft, freehold bungalow site at Hillside Drive for $19.25 million ($ 915 psf), according to a caution lodged last September.

Meanwhile, at Cornwall Gardens, off Leedon Road, a GCB sitting on a property website of 16,089 sq ft is stated to have simply changed hands lately as well. The GCB created by Chang Architects is claimed to have six bed rooms, a fitness center, entertainment areas, a collection and several dining-room. It also has a roofing yard, courtyard garden, swimming falls, koi and swimming pool pond.

According to resources, the purchase price was $40.5 million ($ 2,517 psf), and the bargain is said to be agented by Knight Frank.

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