Former president Chan Kok Kwan's homes up for $62.8M sale

The expression of interest (EOI) exercise will close on 15 May.

Cushman & Wakefield announced the sale of two adjacent freehold bungalows on a single Good Class Bungalow (GCB) site at Joan Road in Caldecott Hill Estate via expression of interest (EOI).

The EOI will close on Wednesday, 15 May at 3 pm.

The property has an indicative price of $62.8m or $1,599 per square foot (psf) and spans a land area of 39,276 sq ft.

The assets are owned by former president Chan Kok Kwan, with his family currently residing in the two-storey bungalow with a garden whilst the other bungalow with a swimming pool is rented out.

It is near lifestyle and nature spots like MacRitchie Reservoir, Singapore Polo Club, The Singapore Island Country Club (Bukit Location) and transport nodes, including the Caldecott MRT Station.

There are also nearby schools such as St. Joseph’s Institution International, Raffles Girls’ School, Raffles Institution, Catholic High School, Singapore Chinese Girls’ School, and St Joseph’s Institution.

Interested parties may submit their bids to Cushman & Wakefield.

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