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Straits Times
24-07-2025
- Business
- Straits Times
Family behind Green Bus Company put Dunearn Road bungalow on sale for $60 million
Find out what's new on ST website and app. 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. Top stories Swipe. Select. Stay informed. Asia At least 2 Thai civilians killed as Thai and Cambodian militaries clash at disputed border Singapore Boy, 15, charged after being caught with vapes 5 times; ordered to stay 2 years at S'pore Boys' Home Business MOM probing work injury claim flagged by late Sumo Salad boss Jane Lee: MOS Dinesh Business New tie-up offers insurance savings for SMEs committed to workers' health and well-being Singapore Astronomer executives' Coldplay scandal: Why it went viral and the obsession with public shaming World Trump was told he is in Epstein files, Wall Street Journal reports Opinion The US dollar is down, but it has a lot going for it Singapore Ex-COO of Singaporean animal feed company charged with bribing manager at Malaysian firm 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.
Bloomberg
25-04-2025
- Business
- Bloomberg
Chinese Banks, HSBC and Standard Chartered Outlook to be Shadowed by US Tariffs
Chinese lenders including Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. will report earnings as the US-China trade war threatens to erode their margins. China may need more stimulus measures including rate cuts as the economy faces tariff risks, which could dim margin outlook for these banks, according to Bloomberg Intelligence analysts Francis Chan and Nicholas Ng.
