+1

Thomson Road, District 11, Singapore

1 month agoView on map

6 Beds

5 Baths

19,500 sqft (land area)

S$1,641.03 psf

For sale

S$32 M

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Est. Mortgage $0/Mo

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Key details

Furnishing

Unfurnished

District

D11

Description

GCB located at Andrew Road for sale and for rent!
- Rental $30k / Sale $30m
- Balinese resort GCB, perfect for entertaining
- 2 1/2 storey with lift, 6+2 bedrooms with swimming pool
- Land 19,500sqft, built-up 12,000sqft

There are about 2,700 GCBs located within Singapore’s 39 gazetted GCB areas.

•    To be classed as a GCB, the property must have a land area of at least 15,000 sq ft and be situated in those areas zoned for GCBs.

•    Some of the more popular GCB areas are Cluny Road near the Orchard Road shopping belt, Ridley Park off Tanglin Road, Leedon Park near Holland Road, and King Albert Park off Bukit Timah Road.

•    URA’s guidelines stipulate that GCBs cannot be built more than two-storeys high (plus an attic and a basement) and this is to preserve the exclusivity and character of such neighbourhoods.

•    The scarcity factor and strong status symbol make GCBs one of the most sought after properties here and ensures strong capital appreciation.

•    Depending on land size and facilities, GCBs can be priced up to $10 million and above. Bungalows with bigger plots and swimming pools can fetch higher prices.

•    GCB transactions have slowed in recent years due to the government’s cooling measures, particularly the Total Debt Servicing Ratio (TDSR) and Additional Buyer’s Stamp Duty (ABSD). 

•    A total of 26 GCBs were sold in 2014 amounting to $587.75 million. The record stands at 133 deals worth $2.38 billion in 2010.

•    Sales of GCBs are indicative of the health of the property market since investing in multi-million dollar homes means investor confidence is up.

Bishan-Toa Payoh GRC - 4 seats

People's Action Party

People's Action Party

Ng Eng Hen

Ng Eng Hen

Chee Hong Tat

Chee Hong Tat

Chong Kee Hiong

Chong Kee Hiong

Saktiandi Supaat

Saktiandi Supaat

Singapore People's Party

Singapore People's Party

Steve Chia

Steve Chia

Melvyn Chiu

Melvyn Chiu

Osman Sulaiman

Osman Sulaiman

Williiamson Lee

Williiamson Lee

Development overview

Name: Caldecott Hill Estate

Total Units: 107

Year of Completion: 1985

Tenure: Freehold

View more development information

Price Trends in Caldecott Hill Estate

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No data available

Su Us

PropNex Realty Pte Ltd

CEA: L3008022J | R052031H

Response rate: <25%

Calculated using last 10 consumer enquiries in the last 30 days

Su Us

PropNex Realty Pte Ltd

CEA: L3008022J | R052031H

Response rate: <25%

Calculated using last 10 consumer enquiries in the last 30 days

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