Cushman & Wakefield (“C&W”), as the exclusive marketing agent, is pleased to present for sale a rare Good Class Bungalow (“GCB”) plot at Dalvey Estate / Nassim Road enclave (the “Property”) via an Expression of Interest exercise. The indicative price is $60 million (approx. $2,742 psf on land area).
Located in Singapore’s most prestigious address of Dalvey Estate/Nassim Road GCB enclave in District 10, the Property enjoys both the tranquil environment as it is adjacent to the Singapore Botanic Gardens (UNESCO World Heritage site) and the vibrancy of the Orchard Road shopping belt. It is within a few minutes’ drive from the shopping and dining haven at Dempsey, the Orchard Road shopping belt, and Gleneagles Hospital, a premier healthcare facility. Renowned educational institutions nearby include Singapore Chinese Girls’ School, Anglo-Chinese School (Primary), Nanyang Primary School, St Joseph’s Institution and Hwa Chong Institution.
According to Mr Shaun Poh, 傅子伟, Executive Director of Capital Markets at Cushman & Wakefield,
“The Property is nestled in the most prestigious address in District 10, within the highly coveted enclave of Dalvey Estate/Nassim Road. The neighbourhood is extremely sought after by ultra-high net worth individuals, and this is evident from the recent transactions at Nassim Road and Tanglin Hill where we see record breaking land rates of $4,500 psf and $6,200 psf respectively.”
Mr. Poh continues, “Perched on elevated grounds, this plot is prime for redevelopment. It is perfect for buyers who want to build their ideal multi-generational home from scratch or developers who could redevelop the plot into a luxurious, state-of-the-art GCB for discerning individuals.”
Interested parties are invited to submit their bids to C&W by 11 February (Tuesday), 3.00 p.m.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
