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Will slashing the asking price by $10 million attract buyers?
A Good Class Bungalow (GCB) owned by the son of late retail tycoon CK Tang is now going for $73 million, down from the $83 million listed in June, Bloomberg reported on Friday (Oct 18).
The 12,852 sq ft bungalow sits on a 31,471 sq ft plot of land along Victoria Park Close, and boasts six bedrooms, eight bathrooms, a dining hall for 20 people and a swimming pool among other features.
Victoria Park is gazetted by the Urban Redevelopment Authority as one of the 39 GCB Areas.