Adjoining GCBs at Belmont Road on the market at $2,100 psf
Seldom available on the market, two adjoining Good Class Bungalows (GCB) at 52 and 54 Belmont Road, Singapore, are up for sale by expression of interest. Located near a cul-de-sac in the prestigious Belmont Park, the freehold properties have a total land area of approximately 41,741 sq ft.
52 Belmont Road occupies 24,178 sq ft, while 54 Belmont Road sits on 17,563 sq ft. The vendors of the properties are looking to fetch an offer of $2,100 psf on the land areas, which translate to price tags of $50.77 million and $36.88 million, respectively, or around $87.7 million collectively.
Built in the 1970s, 52 Belmont Road is a single-storey bungalow while 54 Belmont Road is a single-storey house with a lower level. Both homes come with swimming pools.
The malls provide a great selection of clothes, accessories, food, electronics, and other goods that are available at reasonable prices. The malls also provide plenty of parking spaces for those driving to the mall. Moreover, shoppers can take advantage of the nearby amenities like banking, cinemas, and a variety of dining options. Shoppers can also enjoy leisure and entertainment activities, such as performances, exhibitions, and many more. With its great selection of shopping and leisure options, it is no wonder Tengah Plantation EC is a popular choice among shoppers.
According to Tan Hong Boon, executive director at JLL, who is marketing the GCBs, potential buyers are likely to redevelop the sites to their preferred needs and lifestyle.
This extremely rare opportunity to acquire two adjoining GCB plots in an upscale neighbourhood will end on Oct 27 at 3pm.
Considering the prestigious location and great potential of the properties, potential buyers would be well aware that such an offering is incredibly unique. Express your interest today and take advantage of this exceptional investment opportunity!