The late property developer's bungalow on Lornie Road is for sale for a guide price o
The late property developer's bungalow on Lornie Road is for sale for a guide price of S$82 million
This amounts to S$1,586 per square foot on 51,700 square feet of freehold land.
22 May 2025
CONDOsingapore.com
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Once owned by the late real estate developer Chng Gim Huat, this seven-bedroom, two-story bungalow on Lornie Road is for sale.
With a freehold land area of 51,700 square feet, the guide price of S$82 million equates to S$1,586 per square foot.
According to the Urban Redevelopment Authority's master plan, the property is located within a zone set aside for two-story semi-detached housing. This makes it possible to redevelop the property into a combination of bungalow and semi-detached homes.
A developer might decide to construct up to six modest bungalows on the property. The construction of three larger bungalows, each with a plot size of roughly 15,000 square feet, is another possible plan.
According to Alex Chng, one of the five sons of the late Chng Gim Huat, who passed away in August of last year at the age of 90, the property might also be attractive to an owner-occupier buyer who could renovate the current bungalow and possibly build on a portion of the garden area behind it, or redevelop the entire site into a brand-new large bungalow. Two daughters also survive him.
Although the garden land behind the house slopes downward, the house itself is situated on level ground at road level.
Alex Chng claims that his father purchased the 1937-built home in the early 1970s and remained there until his death.
The property is located in a landed housing estate in District 11. One of the real estate consultants promoting the property, Knight Frank, stated, "The substantial plot has a regular shape, allowing various configuration possibilities for redevelopment."
The bungalow is close to MacRitchie Reservoir, the Singapore Botanic Gardens, Keppel Club, and the Singapore Island Country Club (Bukit Location).
A private treaty is being used to sell the property.
In the 1960s, Chng Gim Huat began his career in construction, constructing HDB apartments in Toa Payoh and Ang Mo Kio.
He turned to real estate development in the 1980s.
Paya Ubi Industrial Park, a ramp-up strata factory development, is one of the properties that the family's CGH Group of companies have developed over the years and that remain intact. The family has kept about 20 of the property's 302 strata units, while the majority have been sold.
The CGH Group also constructed the 10-story CGH Building on Killiney Road, which houses the Orchard Grand Court serviced apartments above a FairPrice supermarket and cafe on the street level.
In Tanjong Pagar, the family also built the Orchid Hotel.
Chapel Lodge in Lorong Stangee and Esta Ruby, which has ground floor retail space, are two of the private residential developments it has created for sale.
