A brand-new bungalow at 442A Holland Road has just been put on the market for sale at a price tag of $13.8 million. The property is developed by niche developer Link (THM) Group and sits on a freehold land plot of 4,474 sqft.

The bungalow is located on a quiet stretch of Holland Road in prime District 10. “The bungalow overlooks the greenery of the Ewart Park Good Class Bungalow (GCB) area,” says Bruce Lye, managing partner of SRI, the exclusive marketing agent for the property.

The bungalow at Holland Road will be sold fully furnished, says Lye. The $13.8 million price tag translates to $3,084 psf based on the land area. It should set a new record psf price for the neighbourhood if achieved.

“Such new highs in terms of price psf will continue to be achieved in the bungalow segment as supply remains limited, and demand is strong, especially among upgraders from smaller houses as well as those downsizing from GCBs,” says Lye.

Read the full article on Edgeprop.