There are plenty of modern touches in the Camden Park home that sits on a plot of land measuring more than 26,000 square feet , or the size of about five basketball courts. Among the standout features: a car elevator and basement garage that can accommodate up to 12 vehicles, and a wine cellar arch that holds 2,000 bottles. There's a two-story walk-in closet with spiral staircase.
Bungalows are modest homes in many parts of the world, but in Singapore, the plot of land must be at least 1,400 square metres to meet the standard. The house can't take up more than 35 per cent of the area or be more than two stories high. Each comes with an eye-watering price tag that can easily run into the tens of millions.
The bungalows have also been a draw for the super rich from overseas who've settled in Singapore. Notable owners include Dyson founder James Dyson and Alibaba Group Holding co-founder James Sheng. TheBusiness TimesFor those flush with cash to last a lifetime, the staggering prices aren't a deterrence. In the first five months of this year, even amid a virus lockdown and recession, five bungalows were sold. The most expensive was priced at S$40 million.
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