Savills Singapore has announced the sale of an exceptional Good Class Bungalow (GCB) redevelopment plot at 5 Jalan Sampurna, located in the prestigious Oei Tiong Ham Park enclave in District 10. This freehold site, spanning approximately 14,982 square feet, offers a unique opportunity for buyers seeking a prime asset in one of Singapore’s most exclusive residential areas.
The plot boasts a prominent 37-metre street frontage and a depth of 32 metres, making it an ideal canvas for a luxurious architectural project. Situated off Holland Road, the site provides excellent connectivity to major expressways, Orchard Road, and the Central Business District. It is also surrounded by world-class amenities such as One Holland Village, Dempsey Hill, and the Singapore Botanic Gardens.
The GCB market in Singapore has seen renewed interest, with sales volume doubling in 2024 and total transaction value reaching S$1.15b. Alan Cheong, Executive Director of research and consultancy at Savills Singapore, noted, “With fewer than 3,000 GCBs in Singapore, the supply side is constrained, reducing the uncertainty level on prices.”
Nick Chan, Associate Director of Investment Sales & Capital Markets at Savills Singapore, highlighted the plot’s potential, stating, “5 Jalan Sampurna presents a rare opportunity to acquire a rare freehold GCB redevelopment site in one of Singapore’s most coveted enclaves.”
The guide price for this prestigious plot is $31.3 million (S$42.8 million), with expressions of interest invited by 10 April 2025.
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