A successful sale would be a record absolute price for such assets, according to the Business Times, but it will not be easy securing a buyer at that price tag.
A luxury mansion in Singapore’s most exclusive neighbourhood is being put on the market for $308 million, following at least two unsuccessful attempts to sell it previously.
Known as a “good class bungalow (GCB),” the property at Nassim Road — which sits near the city-state’s premier shopping belt — spans a total land area of more than 58,000 sq ft. The property is labelled as a conservation bungalow, which means it needs to be preserved, and houses a front garden that can be split into two more plots to construct more mansions.
