Freehold bungalow in Braddell Heights sells for $19m
ABN Holding Pte. Ltd purchased the property via tender.
A single-storey bungalow in Clifton Vale in the Braddell Heights estate has been sold via tender for $19m to ABN Holding Pte. Ltd.
The purchase price translates to about $1,210 psf based on a land area of around 15,705 sq ft.
PropNex Realty launched the tender for the sale of the property on 19 December with a guide price of $23m. The tender closed on 18 January.
Under the URA Master Plan 2019, the freehold site is zoned for residential use and is within an area designated for two-storey bungalow landed housing.