Adjoining freehold bungalow sites in Singapore put on market at over $20M each

The site at 15 Camden Park is being offered at a guide price of S$26 million, which works out to S$1,982 per square foot (US$16,639 per square meter), based on its 13,116-square-foot (1,218-square-meter) land area, according to a press release by marketing agent CBRE.

The one next door at 15A Camden Park, meanwhile, spans 14,060 square feet and has a guide price of S$27 million, or S$1,920 psf.

The properties are held under separate titles by the same owner. Each plot is occupied by a single-story detached bungalow and has “considerable scope to still create a substantial family residence,” the release said.

They are being offered individually but may also be bought together as a combined freehold holding, subject to prevailing planning requirements, site conditions and relevant approvals. The expression of interest exercise will close on Jan. 20, 2027.

The property at 15A Camden Park, Singapore. Photo from CBRE’s press release

The properties, located in the Camden Park Good Class Bungalow (GCB) area, are under a kilometer from the Singapore Botanic Gardens and within walking distance of the Botanic Gardens MRT interchange.

The properties were previously home to the late Earnest Lau and Kwa Geok Lian, both of whom were respected educators in Singapore.

Bungalows within GCB areas are the most exclusive landed properties in Singapore. Market estimates put the total number of such homes at only around 2,700, spread across 39 GCB areas.

An analysis by property consultancy Knight Frank of caveats lodged on the Urban Redevelopment Authority’s Realis portal recorded 14 transactions in GCB areas worth a combined S$406.2 million in the first eight months of 2026, down from 17 deals totaling S$530.6 million a year ago.

More recent transactions have since taken the number of caveated GCB deals this year to 17 with a combined value of S$517.5 million as of Oct. 13, according to The Business Times.

The Camden Park area comprises 26 homes, with plots in the area measuring an average of about 22,605 square feet, according to CBRE.

The properties at 15 and 15A Camden Park therefore offer “the prestige and privacy of a Good Class Bungalow Area address at a more manageable overall investment quantum,” the firm said.

The latest caveated sale in the area was in November 2025, when a detached house on a 29,922 sq ft freehold plot was sold for S$48 million, or S$1,604 psf, according to EdgeProp Singapore.

The transaction before that took place in September 2021, involving a detached freehold home on a 16,607 sq ft plot that fetched S$32.5 million, or S$1,957 psf.

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