Tag Archives: Landed Property

2 GCBs at Queen Astrid Park to be auctioned

Posted on 27 Aug 2009 | Comments Off on 2 GCBs at Queen Astrid Park to be auctioned

Two good class bungalows (GCBs) at Queen Astrid Park will be auctioned together by TM Asia Life Singapore as part of its plan to dispose of non-core assets.

‘We are seeking offers in excess of $36 million, which works out to $890 per sq ft of the land area,’ said Irinn Lee, auctioneer and director at Credo Real Estate, which will conduct the auction.

‘Going by recent sales of GCBs and the condition of the houses, which overlook lower-lying bungalows, we believe they may even be knocked down at auction well above $36 million.’

The bungalows – numbers 29 and 29A Queen Astrid Park – sit on a sprawling 40,453 sq ft site.

They are for sale to one buyer as the land is yet to be sub-divided into two titles. Continue reading →

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Three of the feuding families have moved out

Posted on 15 Aug 2009 | Comments Off on Three of the feuding families have moved out

THREE of the original seven feuding families on the now infamous Everitt Road have moved out and since then life has been more peaceful.

The Chan family at 130B, who are at the centre of the dispute, says that calm has returned somewhat.

‘It’s quiet. They dare not rebut or gang up any more,’ said Madam Chua Gek Eng, 71, the mother of Dr Chan Soo Yin, 47.

In the past three years, their immediate neighbours – the Tan family and the Chua family – sold their houses, citing harassment as the reason.

The Gan family, right across from the Chans at 136C, have relocated to Shanghai.

Those left are the other Chua family in 136L, the Loh family in 136B, the Ee family in 136F and Gan’s parents in 136E. Continue reading →

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Posted in Landed Property

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