[UPDATE] Good Class Bungalow at Queen Astrid Park rented at record $200,000 a month

23/6/2022 10:58:00 AM

By a Chinese national.

Jacqueline Wong, Gcb

By a Chinese national.

The Good Class Bungalow that was rented out for $200,000 a month (Photo: Samuel Isaac Chua/EdgeProp Singapore)SINGAPORE (EDGEPROP) - The Singapore housing market is proving to be a haven for the seriously wealthy, with prices and rents charting new levels. Most recently, a Good Class Bungalow ( GCB ) at Queen Astrid Park has been let to a Chinese national at a monthly rent of $200,000 or $2.4 million a year.Accessible via Sixth Avenue and Coronation Road West, the GCB at Queen Astrid Park sits on

5-min readQueen Astrid ParkSee also:“It’s the Chinese who are renting GCBs at such levels,” says Jacqueline Wong, executive director, Savills Private Office. “Some are waiting for their Singapore permanent residence or citizenship before buying their own home.”

This newly completed GCB, dubbed"Water Courtyard House" designed by Guz Architects received an unsolicited rental offer of $380,000 a month (Photo: Guz Architects website)Story continuesSource: URA REALIS, data downloaded as at June 21, 2022 

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Read full article 22 June 2022, 8:19 am · 5-min read The Good Class Bungalow that was rented out for $200,000 a month (Photo: Samuel Isaac Chua/EdgeProp Singapore) SINGAPORE (EDGEPROP) - The Singapore housing market is proving to be a haven for the seriously wealthy, with prices and rents charting new levels.Thank you for your feedback.LinkedIn Brought to you by As an undergraduate at Nanyang Technological University, Singapore (NTU Singapore), Dr Tou Nien Xiang discovered his passion for research while working on his final-year project.Sean Stackedhomes Whether you are looking at a 1 bedroom unit for an investment or to stay, there’s no question that having an efficient layout is one of, if not the most important aspect to consider.

Most recently, a Good Class Bungalow (GCB) at Queen Astrid Park has been let to a Chinese national at a monthly rent of $200,000 or $2.4 million a year. Ad Mehr als 1 Million Build-Optionen, über 500 hyperrealistische Champions. Accessible via Sixth Avenue and Coronation Road West, the GCB at Queen Astrid Park sits on an elevated, freehold site of 25,439 sq ft, which is largely shielded from street view. He eventually converted to a PhD programme and stepped down from his research assistant position to focus on his PhD studies. The GCB is newly completed. Gratis-Installation! Augustman The Moncler x Gentle Monster Capsule Collection Pays Homage To Digital Culture Launched alongside a pop-up space within Gentle Monster’s Seoul HAUS concept store and metaverse-inspired campaign, the Moncler x Gentle Monster collection comprises eyewear and ready-to-wear pieces. See also: Nassim Quattro targets ultra-rich with $225 mil price tag Source: EdgeProp Inspector “It’s the Chinese who are renting GCBs at such levels,” says Jacqueline Wong, executive director, Savills Private Office. Despite being the same size on paper, the unit at Lincoln Suites will undoubtedly feel smaller in person.

“Some are waiting for their Singapore permanent residence or citizenship before buying their own home. Dubbed Swipe, the Moncler x Gentle Monster collection references the digital culture, namely the pervasive ‘swipi 2 days ago KFC Toa Payoh customer labelled a cheapo by netizens over a cup of plain water You’ve probably heard of this popular saying that “there’s no such thing as a free lunch” at least once in your lifetime.” PREPARING FOR A CAREER IN RESEARCH NIE NTU, Singapore offers a comprehensive suite of graduate programmes and courses curated to support the learning development of both educators as well as professionals from a variety of industries and sectors.” Word on the street is that the owner of a newly completed GCB designed by Guz Wilkinson, principal and founder of Guz Architects, received an unsolicited rental offer of $380,000 a month for the property. The owner, however, declined the offer as he intended to move into the newly completed house, which has been dubbed “Water Courtyard House”.com. The unsolicited offer was made by a Chinese resident. Dr Tou also found that the first-year courses on statistical analysis, academic writing and study design helped raise the quality of his thesis, which was on understanding individuals’ perceptual responses during exercise. “It’s the very large and luxurious houses that fetch such premiums,” notes Savills’ Wong. In fact, their reach is so profound that it stretches far beyond their own borders. You have a dedicated space for dining which can just about cater to 4 people, and a Jack & Jill bathroom layout just makes things much simpler for everyone.

“Due to the lack of new stock, these GCBs may not necessarily be brand-new, but must have a contemporary design, with clean lines and designed by a renowned architect.” This newly completed GCB, dubbed"Water Courtyard House" designed by Guz Architects received an unsolicited rental offer of $380,000 a month (Photo: Guz Architects website) ‘Private clubhouse’ In land-scarce Singapore, living in a large GCB is the ultimate status symbol. Many of these places practice Ginza-style bartending, named after the Tokyo neighbourhood that houses many of the city’s renowned drinking dens.” For his thesis, Dr Tou designed a study in which he examined how mental fatigue affected exercise performance. “It’s something that the Chinese, particularly the wealthy from Fujian province, want to secure,” says a real estate broker who specialises in the luxury housing market, and requested anonymity. Story continues Not only are these Chinese willing to pay such premium rents, they are equally willing to splash out millions to fit out these trophy homes, adds the broker. a day ago. Beyond a residence, the GCBs are regarded as “private clubhouses” to entertain their friends. Along with his supervisors and peers, the faculty members were also able to offer broader advice and guidance when Dr Tou initially struggled to adapt to the more independent nature of PhD studies. A detached or Jack & Jill bathroom access over an attached bathroom via the bedroom.

A must-have is a private KTV room with state-of-the-art sound system, and the budget there is $1 million. Another requirement is a putting green. “We are not talking about any putting green, but a tournament-grade putting green that Tiger Woods himself would use,” says the broker. He also attended international scientific conferences with funding support from NIE. “That costs at least $300,000, including all the equipment. And the championship-golf-course grass requires a gardener to tend to it at least twice a week. Balcony space over planters or bay windows.

” Source: URA REALIS, data downloaded as at June 21, 2022  The highest housing rent recorded on URA Realis this year is $150,000 a month for a GCB at Dalvey Estate, sitting on a land area of about 22,500 to 22,600 sq ft. “The experience of managing my PhD studies helped me get up to speed quickly in my job responsibilities as a researcher,” he said. It was transacted in April this year (see table). Another is a GCB at Jalan Asuhan, off University Road, which was tenanted for $128,000 in March. The GCB sits on a site of 26,100 to 26,200 sq ft, and owing to its size, agents reckon it’s one of the two GCBs sitting at the hilltop of Jalan Asuhan that were designed by Aamer Architects and completed in 2017. “Given that the world population – including Singapore – is ageing rapidly, active or healthy ageing is an important public health issue that deserves attention,” he said of his work, which involves collaborating with community partners to execute research projects aimed at helping older adults maintain their health and well-being. Five units at Eden with a total floor area of 15,100 to 15,200 sq ft was recently rented out for $80,000 a month, according to URA Realis data (Photo: Samuel Isaac Chua/EdgeProp Singapore)   Luxury condo monthly rents closing in on $100,000 It's not just GCBs, but also luxury condos, that are seeing rents soar to stratospheric levels. Post-2012, we are seeing more efficient unit layouts with fewer bay windows and planter boxes which were common design traits prior.

At Draycott Park is Eden , a single 22-storey residential tower designed by Thomas Heatherwick and developed by Hong Kong developer Swire Properties. All 20 units in Eden, which are freehold, were purchased en bloc by the Tsai family of snack food company Want Want China for $293 million in April last year. “Take charge of your own research progress and personal learning,” he said. The building was completed in 2019. .