OK Lim's freehold two-storey Good Class Bungalow on Third Avenue sold just below S$26.5 million.

Singapore – Knight Frank is pleased to announce 20 Third Avenue Good Class Bungalow (GCB) is off the market. The freehold two-storey property, put up for sale via public tender in September, transacted at just below S$26.5 million.

The undisclosed owner purchased the prime property that sits on a 14,576 square feet (sf) plot with a total gross floor area of approximately 10,000 sf for own use.

Third Avenue is easily accessible by major transport nodes such as the Pan-Island Expressway, arterial roads including Bukit Timah Road and Dunearn Road, and Sixth Avenue MRT station located approximately 650 metres away. Singapore Botanic Gardens and the Central Business District are a short drive away.

Urban and lifestyle amenities that serve the neighbourhood include soon to be completed One Holland Village, Tanglin Mall, and Gleneagles Medical Centre and Hospital. Renowned schools such as Hwa Chong Institution/Hwa Chong International School, Nanyang Girls High School, Methodist Girls' School, Anglo Chinese International School, and United World College of South East Asia (Dover) are also in close proximity.

Says Ms Mary Sai (蔡竺樾), Executive Director, Capital Markets, Knight Frank Singapore (执行董事,资本市场部, 莱坊), who also sold another OK Lim property at Second Avenue in 2021, “The property's prime location in a GCB area drew keen interest. In a fair and transparent tender process, a good selling price was secured. We were able to tap into our proprietary database of Ultra High Net Worth clients to secure the buyer, and to cement our place as a market leader in private wealth.”

For further information, please contact: 

Mary Sai
Executive Director, Capital Markets, Knight Frank Singapore
mary.sai@sg.knightfrank.com | +65 9388 7879

Lilian Hoe
Director, Marketing, Communications, Legal and Compliance, Knight Frank Singapore
lilian.hoe@sg.knightfrank.com | +65 6228 6807

Related Reading

Residential redevelopment site at Sophia Road sold for S$33.588 million

Adjoining properties at Gentle Road sold for S$30.889 million in estate sale

Freehold 3-bedroom maisonette at Villa Delle Rose sold for S$5.4 million by auction