JLL has announced the sale of a rare freehold landed property at 436 Dunearn Road, Singapore, priced at $60m. This 24,189 sq ft site, located in the prestigious District 11, offers significant redevelopment potential under the draft 2025 URA Master Plan, allowing for the construction of multiple detached or semi-detached houses.
The estate, formerly home to the family behind Singapore’s historic Green Bus Company, is being sold with vacant possession. Built in the 1950s, the property has served as a multi-generational home for over 70 years. Nicholas Ng, Senior Director at JLL, noted the site’s potential for redevelopment, stating, “It could potentially be redeveloped into either 4 detached houses or 2 pairs of semi-detached and a detached.”
Situated in a prime location, the property is a short walk from Tan Kah Kee MRT station and offers easy access to major roads and expressways. It is also close to the Singapore Botanic Gardens and Bukit Timah Nature Reserve. The area is well-served by shopping amenities and educational institutions, including elite primary and secondary schools.
Despite not being in a Good Class Bungalow area, the site is highly sought after for its peaceful, low-density environment. Ng added, “It offers a great blend of tranquillity and accessibility. It will be more than a home – a legacy asset, ideal for multi-generational ownership.” This sale presents a unique opportunity for buyers and developers familiar with the locale.
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