Author: leahlim   |   Latest post: Tue, 19 Nov 2019, 11:55 AM


Belmont Road GCB sold for $18.6 mil

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SINGAPORE (EDGEPROP) - A Good Class Bungalow (GCB) on Belmont Road has finally found a buyer after it was first offered as a mortgagee sale at a Colliers International auction more than two years ago. Located on a 16,329 sq ft site in the exclusive Cornwall Gardens GCB area, the property was sold for $18.6 million ($1,139 psf) on Oct 2.
According to a source involved in the transaction, the buyer is Carol Cheng, the daughter of Wing Tai Holdings chairman Cheng Wai Keung.


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