SINGAPORE (EDGEPROP) – A two-storey Good Class Bungalow (GCB) in 18A Yarwood Avenue was Set up for auction from Knight Frank on Sept 18.
As there were no bids, the land was removed. Situated in Kilburn Estate, the 999-year leasehold land is an operator’s sale with a direct price of $23 million ($1,216 psf).
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The Balinese-styled house includes a land area of 18,911 sq feet, and a floor space of approximately 8,956 sq feet, which comprises a car porch and sheltered terraces that add up to 678 sq ft. The home includes a resort-like texture, and contains a cellar, swimming pool, a landscaped garden and koi pond.
At the area, properties which were sold comprise 19 Yarwood Avenue, that sold for $22.15 million ($1,164 psf) that February; and 21B Yarwood Avenue, that accounted for $19.4 million ($1,201 psf) at March 2018. The properties sit land regions of 19,030 sq feet and 16,156 sq feet respectively.
“The land in 18A Yarwood Avenue has a reachable price-point to get a GCB of its calibre and is in reach for people seeking to live at a house that is restricted in distribution,” states Sharon Lee, head of sales and auction in Knight Frank Singapore.