/Knight Frank

Freehold two-storey GCB on Third Avenue is up for sale for $30m

The location is easily accessible by Pan-Island Expressway and arterial roads.

A two-storey Good Class Bungalow (GCB) at 20 Third Avenue is open for sale through public bidding, which closes on 16 October 2023 at 3 p.m., Knight Frank said.

The indicative price was decided over $2,058 per square foot. The property sits on a 14,576 square feet (sf) plot with a total gross floor area of approximately 10,000 sf.

Third Avenue is easily accessible by major transport nodes such as the Pan-Island Expressway, arterial roads including Bukit Timah Road and Dunearn Road, and Sixth Avenue MRT station which is located approximately 650 metres away. Singapore Botanic Gardens and the Central Business District are also a short drive away.

In the area, there are amenities that will soon be completed such as One Holland Village, Tanglin Mall, and Gleneagles Medical Centre and Hospital. Renowned schools such as Hwa Chong Institution/Hwa Chong International School, Nanyang Girls High School, Methodist Girls' School, Anglo Chinese International School, and United World College of South East Asia (Dover) are also near the property.

20 Third Avenue is Hin Leong group founder OK Lim’s second GCB to be sold in the area, the first being the one at 5 Second Avenue transacted in October 2021 for $33.39m. Both bungalows are among Singapore properties under a court-ordered asset freeze of the Lim family's assets.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
Lendela on why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.