Eight Bedroom Bungalow Gentle Road Prime District 11 Sale 20 Mil

Rewritten:

Nestled within the prestigious Bukit Tunggal Good Class Bungalow (GCB) area in prime District 11 is a grand eight-bedroom bungalow on Gentle Road. This impressive property sits on a regular plot of 7,660 sq ft, with a desirable freehold status.

The two-storey bungalow boasts an attic and basement, with a built-up area of 9,500 sq ft. Marketed jointly by Alvin Tan of JNA Real Estate and Loyalle Chin of ShophouseHuat, both under the umbrella of PropNex Realty, the property is currently listed for sale at $20 million or $2,611 psf based on land area.

Featuring a 20m frontage along Gentle Road, the bungalow also boasts an expansive car porch that can fit six cars comfortably. The property has been unoccupied for the past two months, but an open house is scheduled for the weekend of August 30 and 31.

The ground floor of the bungalow comprises a living room, dining room, kitchen, and two bedrooms, while a two-storey glass window on the west side of the house brings in natural light and highlights the glass lift and spiral staircase. A 15m dipping pool sits on the opposite side, and the basement serves as an entertainment floor with a gym, music room, games room, and home theatre.

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Revised:

The schools in the vicinity of Rivelle Tampines, including primary, secondary, and tertiary institutions, will soon experience improved transportation connections and enhanced surrounding infrastructure. As part of the Master Plan’s efforts to foster growth, students attending schools such as St. Hilda’s Primary & Secondary, Temasek Polytechnic, and SUTD can look forward to more seamless commutes. Additionally, the development of new civic facilities may provide support for educational activities and various youth initiatives. Residents of Rivelle Tampines Tampines Street 65 will have easy access to these educational amenities and programs.

The first floor features a living room, dining room, and two bedrooms, with wet and dry kitchens that open onto a service yard at the rear. The second floor houses three en suite bedrooms, including a master bedroom that stretches across the width of the house, offering a walk-in wardrobe, space for a king-size bed, and a study/lounge area.

The attic boasts three more en suite bedrooms and a south-facing open-air verandah with panoramic views of the surrounding landed estate, including landmarks such as Revenue House, Novena Square, and Royal Square at Novena.

According to Alvin Tan, associate director at PropNex Realty, the property’s location in close proximity to Novena and renowned primary schools such as Anglo-Chinese School (Primary) and St Joseph’s Institution Junior, within a 1km range, makes it a highly desirable home. Other primary schools within a 2km radius include CHIJ Primary (Toa Payoh), Farrer Park Primary School, Hong Wen School, Singapore Chinese Girls’ Primary School, and St Margaret’s School.

“The asking price of $20 million for this bungalow presents a rare opportunity to own a home in a GCB area that is also close to several top schools. The property’s location near Novena and the future HealthCity also adds to its long-term value,” adds Loyalle Chin, associate group district director at PropNex Realty.

Records from URA Realis show that the property was last sold for $6.5 million in 2008. It was then rebuilt into its current form in 2011, designed for a multi-generational family who resided there for fourteen years. After their departure in June, the property has been put up for sale.

At $20 million, the bungalow is the most competitively priced in a GCB area in District 11, according to PropNex’s Tan. This price is equivalent to that of a new detached house in the same district, albeit on a smaller land area of under 5,000 sq ft.

Moreover, the bungalow’s efficient layout and well-maintained condition make it an attractive option for buyers who prefer properties that require minimal renovation. According to Tan, the cost of renovating the property could amount to at least $950,000, depending on the choice of materials, fittings, and fixtures used.

“We have received positive interest from various types of buyers, including families with young children seeking to be near schools in the area, as well as retirees from neighboring GCBs,” he notes.

Located in a mixed landed housing estate off Newton Road, the property of interest is near 32 Gilstead, a luxurious 14-unit condo developed by Kheng Leong Co. Since its launch in April 2024, the project has sold 11 units (79%). The most recent transaction was in June when a 4,219 sq ft unit on the third floor was sold for $15 million ($3,555 psf).

The residential development sits on a combined freehold site of 43,457 sq ft, which was acquired by Kheng Leong for $70 million in February 2022 from the sale of two bungalows. Meanwhile, a semi-detached house at 43A Gentle road was sold for $14.4 million in February, marking the highest psf price achieved in the landed housing estate off Newton Road.

Despite the limited availability of GCBs in the Bukit Tunggal area, the latest transaction was for $26.5 million in December 2017, for a 20,355 sq ft freehold plot. Alvin Tan of PropNex Realty is confident that the bungalow’s asking price of $20 million will attract serious buyers, considering the current market conditions.

“Looking ahead, we anticipate a possible ease in financing costs in the second half of this year and a low supply of available bungalows going for less than $20 million. This may pique the interest of ultra-high net-worth families and newly minted Singaporeans in the GCB and bungalow market,” comments Loyalle Chin.