Singapore - Wing Tai Holdings chairman Cheng Wai Keung is selling a house with a pool and a tennis court at 33 Nassim Road for as much as $300 million, which will make it a record for a house sold here, Bloomberg said yesterday.
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A NASSIM Road bungalow, owned by Wing Tai Holdings chairman Cheung Wai Keung, was put up for sale today.
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f sold, the plum 85,000 sq ft site is expected to attract offers of between $250 million to $300 million and could be one of the largest bungalow deals here, sole marketing agent Jones Lang LaSalle (JLL) said.
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The two-storey bungalow in one of Singapore's most exclusiive enclave is sited on elevated grounds and has a swimming pool and tennis court.
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Offers of up to $300 million are expected, which works out to up to $3,529 per sq ft of land area, said Mr Karamjit Singh, JLL's head of investments and residential.
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This is, however, significantly higher than the previous benchmark set for the area.
The previous record was $87.5 million.
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