Adjoining GCBs at Belmont Road on the market at $2,100 psf

Situated in highly desirable Belmont Park, adjoining Good Class Bungalows (GCBs) at 52 and 54 Belmont Road are rare finds and are now up for sale. With a combined total land area of approximately 41,741 sq ft, the freehold properties are expecting offers of $2,100 psf on the land area.

Both properties have separate lots, with 52 Belmont Road boasting a land area of 24,178 sq ft and 54 Belmont Road occupying 17,563 sq ft. This puts the total asking price of the properties at $87.7 million collectively, which works out to $50.77 million and $36.88 million for 52 and 54 Belmont Road respectively.

Built in the 1970s, these GCBs offer potential buyers who are keen on redeveloping the sites for their own needs and lifestyles, an opportunity to do so. Both homes feature their own pools, making them perfect for buyers who would like to have a luxury residence in an exclusive neighbourhood.

Residents living in Marina Gardens Condo are spoilt for choice with a multitude of must-visit places within the vicinity. Whether it’s the incredible acoustic experience at Esplanade – Theatres on the Bay, eye-catching light installations at Bayfront Avenue or a variety of delicious eateries and boutiques that line Marina Bay Sands, a new experience awaits each day.

Have some fun in the sun while sinking your feet into the silky white sand of nearby Tanjong and Palawan beaches. With Singapore’s weather being tropical and relatively hot no matter the season, there is never a bad time to enjoy a refreshing dip in the sea or simply relax with a picnic in the park.

The expression of interest exercise for the GCBs will close on Oct 27 at 3 pm. JLL, which is marketing the GCBs, states that potential buyers looking for large adjoining GCB plots in the neighbourhood are well aware that such an offering is a rare find.

Recent resale transactions in the neighbourhood speak of a high-end location, making the two GCBs desirable purchases. Additionally, the vendors of the GCBs are expecting offers of $2,100 psf on the land areas.

Those interested in taking up the offers of the two GCBs at 52 and 54 Belmont Road have to act quickly, as the expression of interest exercise will close on Oct 27 at 3 pm.