Rare good class bungalow for rent or sale in Victoria Park Road Singapore

Good class bungalow in Tanglin is rare. However, a good class bungalow in Victoria Park Road, one broker sold a $48 million 32,077 sq ft elevated site freehold. Before this sale, a property was sold for $38.67 million with a 24% capital appreciation. Even though these deals took about only 3 months to negotiate, most buyers of this kind of property seems to only tear down and redevelop existing property into a luxurious bungalow for their own use. You may trace the ups and downs of the market in the Victoria Park Road just by examining the transaction history of condos and bungalows sold in the area. Look at the recorded sales. The condos in Victoria Park Road attract a good mix of investors and occupiers. This could be because of the spacious units, facilities, and landscaping. The 20 Victoria Park Road could fetch a greater price. It is located on an elevated site above road access level with unobstructed views of the surrounding location.

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