A freehold bungalow along Swiss Club Road is up for sale through an expression of interest (EOI) exercise. The two-storey property, which occupies a land area of about 9,116 sq ft, has an asking price of $18.5 million, translating to a land rate of $2,029 psf.
Located in the Swiss Club Good Class Bungalow area, the property sits on an elevated plot with a rectangular corner configuration, says marketing agent Cushman & Wakefield. It is within walking distance of King Albert Park and Sixth Avenue MRT Stations on the Downtown Line.
The property is a short drive from popular lifestyle destinations including Orchard Road, Dempsey Hill and Holland Village. It is also close to several schools, including Methodist Girls’ School, Hwa Chong Institution, and the Swiss School.
“The property ticks all the boxes: freehold status, a prestigious address, and a regular-shaped, elevated site,” says Shaun Poh, executive director of capital markets at Cushman & Wakefield. “Its strategic location near transport nodes, elite schools, and future growth areas makes it a compelling investment.”
Development plans earmarked for the area include the future Cross-Island Line, with MRT stations at King Albert Park and Turf City, which will enhance the area’s accessibility.
The EOI exercise for the bungalow will close on June 3 at 3pm.
