GCB Land Sale
  • 1
Sale SGD 1,850

dist 10 District 10

  • Built-up : -
  • Land area : 20000 sq. ft.

    GCB Land Sale

    A plot that is highly sort after - Holland vicinity. 
    The land can be sub divided into various sizes of 20,000 upwards to form a cluster of good class bungalows.
    Total 145,000qft
    Loation: tanglin vicinity
    
    Zone: Good Class Bungalow
    Lot Area: approx (145000sqft)
    Asking $1850 psf
    
    Another plot
    3 plots and situated in the highly sort after Holland vincinity. The land can be subdivided into approximately 17,000sqft each to form a cluster of Good Class Bungalows. It can be accessed via East Sussex Lane.
    GCB Zone. approximately 53,000sqft
    
    
    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.
    
    Good Class Bungalows
    Good class bungalows belong to the highest and most prestigious type of landed housing in Singapore because of the planning constraints imposed by the authorities. The term “Good Class Bungalow” is actually an URA planning term. There are approximately 39 residential areas designated as Good Class Bungalow Areas GCBA. Both the size and location criteria need to be fulfilled before a bungalow can be classified as a GCB Good Class Bungalow. Not all properties with a land size of more than 1,400sqm are
    actually GCBs Good Class Bungalows. Importantly, we need to verify if the property is in an area designated for GCBs Good Class Bungalows by the Urban Redevelopment Authority (URA). As such, GCBs Good Class Bungalows are at the highest end of the luxury segment in Singapore’s property market.
    
    Designated within the prime residential districts 10, 11 and popular districts 20, 21 & 23. Good Class Bungalow GCB designated areas are mainly located in the prime residential districts of 10 and 11 as well as the bungalow estates in districts 20, 21 & 23. 
    
    These Good Class Bungalow Areas GCBA would include the bungalow enclave of Nassim, Ladyhill, Rochalie, Bishopsgate and Chatsworth areas and Cluny Road in District 10, just off the prime Orchard belt. Within close proximity, the Good Class Bungalow Areas GCBA can be found in Ridley Park off Tanglin Road. Good Class Bungalow Areas GCBA are also sited along Peirce Road/ Swettenham Road and into Ford Avenue/ Leedon Park off Holland Road. Good Class Bungalows GCBs are also found within the bungalow stretches along Brizay Park and King Albert Park off the popular Bukit Timah Road. The Good Class Bungalow Areas GCBA boundary also extends into Chee Hoon Avenue, Eng Neo Avenue and Swiss Club Road in district 11. Within district 21, areas designated as Good Class Bungalows GCBS include the prestigious Binjai Park and Yarwood Avenue localities and Chestnut Avenue in district 23. Within district 20, areas designated as Good Class Bungalows GCBS include the prestigious Windsor Park.
    
    A bungalow that falls within the boundaries of such Good Class Bungalow Areas GCBA are subject to planning constraints namely, minimum land plot size must be 1,400 sq m (15,070 sq ft) and maximum building height of 2-storeys only. Owners also need to agree not to build a bungalow that consumes more than 35% of the plot size. There also has to be sufficient greenery in between plots of land. Most of all, foreigners are not allowed to own Good Class Bungalows. By imposing stringent constraints, the exclusivity and low-rise character of such neighborhoods are preserved.

    Property Details

    Building Name:
    GCB Land Sale
    QuickPro No:
    IPL3036503
    Property Type:
    Land
    District:
    District 10
    Bedrooms:
    -