Faber Drive bungalow up for sale, guide price set at $12.5m

A BUNGALOW at Faber Drive has been put up for sale by expression of interest, with a guide price of $12.5 million. The guide price translates into nearly $1,067 per square foot (psf), based on land area of about 11,719 square feet.

A two-storey bungalow with a build-up of 4,400 sq ft stands on the site. It also has a swimming pool.

One sector of the residential market which is quite resilient is the landed properties such as small bungalows, semi-detached, and terrace houses, as they are the dream homes of many Singaporeans.

The site is within close proximity of The Clementi Mall, Clementi Bus Interchange/ MRT Station, and the National University of Singapore. Its land size is capable of being subdivided into two plots for smaller houses which require a minimum size of 4,305 sq ft.

Source: Business Times – 29 June 2012