{"id":95165,"date":"2018-08-01T12:59:32","date_gmt":"2018-08-01T05:59:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalvey-road-gcb-up-for-sale-offers-expected-at-over-100m\/"},"modified":"2018-08-01T13:03:19","modified_gmt":"2018-08-01T06:03:19","slug":"dalvey-road-gcb-up-for-sale-offers-expected-at-over-100m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalvey-road-gcb-up-for-sale-offers-expected-at-over-100m\/","title":{"rendered":"Dalvey Road GCB up for sale, offers expected at over $100m"},"content":{"rendered":"


\n\u00a0
\nA 51,058 sq ft Good Class Bungalow (GCB) at Dalvey Road has been put up for sale, with expectations that it could attract offers in excess of $100 million, revealed marketing agent JLL.
\nLocated within White House Park GCB Area, the two-storey bungalow sits on elevated grounds at No. 81 Dalvey Road. The GCB for sale is built in the 1967, with the UNESCO World Heritage Site and the Singapore Botanic Gardens nearby.
\nMore:\u00a010 Facts About Good Class Bungalows
\n\u201cDalvey Road location is undoubtedly one of the most coveted GCB addresses in Singapore. It is the premier address to homes of the who\u2019s who in Singapore, besides foreign high commissioners and ambassadors,\u201d said JLL regional director Tan Hong Boon.
\nA newly completed GCB at Jervois Hill was sold last month for $2,730 per sq ft \u2013 the highest unit land rate recorded for a GCB transaction.
\nGiven its large plot size, the freehold property may be subdivided into three GCB plots \u2013 making it appealing to developers and investors planning to develop top notch homes within prime GCB areas.
\nTwo separate families could also subdivide the property into two large GCBs, or a single family could keep the entire bungalow for their own occupation.
\nBungalows within the 39 gazetted GCB areas in Singapore are safeguarded by the authorities with stringent planning rules and guidelines, which include building height restrictions and minimum plot size, to preserve their uniqueness and exclusive form of housing for locals.
\nThese properties are often sought after by rich Singaporeans for their wealth preservation quality. Prices of GCBs have remained stable throughout the last global financial crisis and the implementation of property cooling measures in 2011.
\nThe tender for the Dalvey Road GCB closes on 12 September.
\nFind\u00a0landed houses for sale\u00a0or read our\u00a0buying guides. Can you afford a landed house? Check your\u00a0affordability\u00a0now.\u00a0
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Dalvey Road GCB up for sale, offers expected at over 0m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 A 51,058 sq ft Good Class Bungalow (GCB) at Dalvey Road has been put...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-95165","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-oKV","jetpack-related-posts":[{"id":99340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcb-of-former-hdb-chairman-sold-for-nearly-94m\/","url_meta":{"origin":95165,"position":0},"title":"GCB of former HDB chairman sold for nearly $94m","date":"October 8, 2018","format":false,"excerpt":"\r The sale price of the bungalow at Dalvey Road is lower than the expected price of about $100 million. (Photo: JLL) The freehold good class bungalow (GCB) of Lim Kim San, the Housing and Development\u2019s Board\u2019s (HDB) first chairman, has changed hands for $93.9 million, reported iCompareLoan. Located on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30m-gcb-put-up-for-auction\/","url_meta":{"origin":95165,"position":1},"title":"$30m GCB put up for auction","date":"August 19, 2016","format":false,"excerpt":"\r The 15,211 sq ft property in Dalvey Estate is currently being rented out at $26,000 per month. (Photo: Edmund Tie & Company) A freehold good class bungalow (GCB) in the exclusive Dalvey Estate GCB area will be put up for auction by owner\u2019s sale at the end of this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kop-buys-villa-deste-for-93m\/","url_meta":{"origin":95165,"position":2},"title":"KOP buys Villa D\u2019Este for $93m","date":"May 11, 2018","format":false,"excerpt":"\r The 12-storey development sits on a 55,000 sq ft site, which KOP intends to redevelop into a high-end condominium. (Photo: CBRE) Homegrown developer KOP Limited, via its indirect wholly-owned subsidiary Dalvey Breeze, has agreed to acquire the freehold Villa D\u2019Este condominium for $93 million. Located at Dalvey Road in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fernhill-court-up-for-sale-at-reserve-price-of-125m\/","url_meta":{"origin":95165,"position":3},"title":"Fernhill Court up for sale at reserve price of $125m","date":"May 16, 2018","format":false,"excerpt":"\r The reserve price works out to a land rate of $1,885 psf ppr, after factoring in a development charge of $3.7 million. (Photo: Colliers International) Fernhill Court, a prime freehold development located next to the Nassim Road, Dalvey Road and White House Park Good Class Bungalow (GCB) areas in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-bungalow-at-sixth-avenue-up-for-sale-at-16m\/","url_meta":{"origin":95165,"position":4},"title":"Freehold bungalow at Sixth Avenue up for sale at $16m","date":"July 3, 2018","format":false,"excerpt":"\r The old single-storey bungalow near Sixth Avenue MRT station was built around the 1980s. (Photo: JLL) A freehold bungalow at 45 Sixth Avenue has been put up for sale carrying an asking price of $16 million or about $1,274 psf, revealed marketing agent JLL on Monday (2 July). Located\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leedon-park-gcb-could-fetch-over-70-million\/","url_meta":{"origin":95165,"position":5},"title":"Leedon Park GCB could fetch over $70 million","date":"September 13, 2016","format":false,"excerpt":"\r The 46,879 sq ft plot located on high ground can be subdivided into 3 GCBs, said JLL. A sprawling good class bungalow (GCB) located on one of the highest points of the Leedon Park GCB area has been launched for sale, revealed sole marketing agent JLL. Built in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95165"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=95165"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95165\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}