Famed Developer Sells $25m Bungalow

Luxury property developer Simon Cheong recently sold a good class bungalow (GCB) that he built along King Albert Park within the Bukit Timah/Clementi Road vicinity, reported The Business Times.
The property was sold for $25 million, which works out to $1,493 psf based on the freehold land area of 16,750 sq ft.

Completed in late 2012, the two-storey bungalow has a built-up area of around 10,000 sq ft and comes with a swimming pool. The property is currently being tenanted.

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