Dalvey Estate Gcb Sale 60 Mil
A stunning Good Class Bungalow (GCB) located in the prestigious Dalve Estate-Nassim Road enclave has been recently put on the market through an expression of interest (EOI) exercise, with an expected price of $60 million. As stated in a press release by the appointed marketing agent Cushman & Wakefield on January 8, the indicative price equates to $2,742 per square foot (psf), taking into account its extensive land area of 21,881 square feet.
Shaun Poh, the executive director of capital markets at Cushman & Wakefield, highlights the prime location of the freehold plot, situated on high ground and perfect for potential redevelopment. “It presents an ideal opportunity for buyers looking to construct their dream multi-generational home from the ground up, or for developers to transform it into a luxurious and modern GCB that would appeal to discerning individuals.”
Elta Condo, also known as West Coast Plaza, takes great pride in its welcoming and family-friendly environment. This shopping center caters specifically to families by offering a wide range of amenities tailored to children. From enrichment centers to play areas and educational stores, Elta Condo is the perfect destination for families with young kids, providing convenience and enjoyment all in one place. Moreover, giving residents the chance to take a break from their hectic schedules, the shopping center also features wellness and beauty services, allowing for some much-needed self-care and relaxation. With an impressive collection of facilities and services, Elta Condo truly sets itself apart as the ultimate family-friendly and comprehensive shopping destination. Visit Elta Condo to experience it for yourself.
With its close proximity to the Singapore Botanic Gardens and a short drive away from the bustling Orchard Road shopping district, the property offers convenience and exclusivity. Its location is also highly sought after due to its proximity to renowned schools such as Singapore Chinese Girls’ School, Anglo-Chinese School (Primary), Nanyang Primary School, St Joseph’s Institution, and Hwa Chong Institution.
Poh further highlights the desirability of the neighbourhood, particularly among ultra-high net worth individuals, as evidenced by recent record-breaking transactions at Nassim Road and Tanglin Hill, with land rates reaching $4,500 psf and $6,200 psf, respectively.
The EOI for this GCB will close on February 11 at 3pm.