JUST SOLD: Villa at Peirce Hill sold for $27 mil

A beautiful Good Class Bungalow (GCB) at Peirce Hill changed hands recently for $27 million ($1,751 psf), according to a caveat lodged on Aug 8. The double-storey house was completely rebuilt in 2009 at a cost of $5 million, with Liu & Wo as the design architect, and the garden designed by renowned landscape architect Made Wijaya. The house has a built-up area of 9,000 sq ft and sits on a freehold hilltop site of 15,421 sq ft. It contains four en suite bedrooms, including the master suite on the second level. There is ample space for entertaining, with a big kitchen equipped with Gaggenau appliances, customised kitchen cabinets by Toncelli and customised lighting for the entire house by German lighting firm Erco.

“It’s a fair price because the property sits on a hilltop and was completely rebuilt a few years ago,” comments K H Tan, managing director of Newsman Realty, who specialises in marketing luxury bungalows.

The double-storey house was completely rebuilt in 2009 at a cost of $5 million.

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