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Mr Kirpalani, his wife Karishma and daughters Simran (left), 13, and Kajal, 11 in their bungalow. They, along with two other owners are selling their four strata bungalows, which sit on 24,443 sq ft of land in Bournemouth Road in Katong. The asking price is $24 million to $26 million. — ST PHOTO: CAROLINE CHIA
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They are close neighbours and their children play together every day.
Which is why the sellers in the latest en bloc initiative hope that a large family or extended families, rather than a developer, will pick up their four strata bungalows for $24 million to $26 million.
They sit on 24,443 sq ft of land in Bournemouth Road in Katong, one of the biggest plots in the area earmarked for detached houses.
‘It was a purely collective decision,’ said Mr Andy Kirpalani, 39, one of the three owners, on the move to cash in on the current property boom.
Originally called Sayang Villa, the gated compound used to be owned by a family with several siblings living in the four houses.
The current owners, all Singaporeans, did not know one another when they bought the units, each with a built-up area of 4,200 sq ft. They bought the houses between 21/2 and five years ago. Continue reading
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