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Belmont Road good class bungalow up for sale again with lower $40.8m asking price

Belmont Road good class bungalow up for sale again with lower $40.8m asking price.

SINGAPORE - A good class bungalow (GCB) at 80 Belmont Road owned by The Stratech Group's Chew family has been re-launched for sale by private treaty after it failed to go at auction, with a lower asking price of $40.8 million.

The freehold property was first put up for sale via an auction held on July 23 at Amara Singapore hotel, with a $42 million guide price.

On Friday (Aug 2), marketing agent Knight Frank said the property is valued at $42 million.

Source: https://www.straitstimes.com/business/property/belmont-road-good-class-bungalow-up-for-sale-again-with-lower-408m-asking-price

Adapted from The Straits Times 4 August 2019