Family behind Green Bus Company put Dunearn Road bungalow on sale for $60 million
Built in the 1950s, the house has served as a multi-generational home for more than 70 years and was once occupied by four generations.
SINGAPORE - The family behind Singapore's iconic Green Bus Company - whose bus No. 1 plied the only Singapore-Johor route from 1950 to the 1970s - has put its Dunearn Road bungalow up for sale.
The freehold property is being marketed at $60 million, or about $2,480 per square foot land price.
Located at 436 Dunearn Road, the property is on a 24,189 square foot regular-shaped plot which comes with a three-storey mixed landed zoning.
While not classified as a Good Class Bungalow (GCB) itself, it is located off Shelford Road in the prime area of District 11 – near GCB areas in the same district.
The property could be 'redeveloped into either four detached houses or two pairs of semi-detached and a detached', said Nicholas Ng, senior director at JLL, which is marketing the property.
'Despite not being situated in a GCB area, this locale is well-sought after by discerning buyers seeking a peaceful, low-density living environment,' he added.
Built in the 1950s, the house has served as a multi-generational home for more than 70 years and was once occupied by four generations.
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The Green Bus Company was one of the earliest providers of cross-border public bus transport. It was first known as Rochor Bus Co and co-established in 1935 by Ong Chin Chuan, whose descendants own the property.
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