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Chatsworth Road is on the cusp of becoming one of Singapore’s most expensive places to live with its newest resident, Kishin RK of the Royal Brothers. The 13th wealthiest on the Forbes List in terms of net worth of $3 billion and youngest billionaire in Singapore, Kishin bought a Good Class Bungalow (GCB) for $48 million ($1,697 psf) in 202X. Another family of four recently moved into a newly built 15,699 sq ft GCB by Liu & Wo Architects that took three years to complete due to the pandemic.
That’s just the start of the new residents calling this road home and bringing it up to the top of our list of expensive places to live and the most exclusive streets in Singapore.
Chatsworth Road, a residential area steeped in history, is a testament to Singapore’s post-WWI housing boom. The area’s rich heritage is exemplified by the No. 5 Chatsworth Park Art Deco landmark bungalow, a Frank Brewer design that has been lovingly preserved. This historic home, now expanded to accommodate a multigenerational family, symbolises the area’s rich past.
Photo Source: Roots.gov.sg
Chatsworth Road is on the brink of a new era from its colonial past. With current listings for landed bungalows ranging from $45 million to over $68 million, these freehold properties’ price per square foot (psf) can surge past $4,300 psf. This is a significant increase compared to a June 2021 transaction, where a 22,462-square-foot property sold for $30 million. This area’s rent can also fetch more than $60,000 monthly, making it a stable long-term investment opportunity.
Living on Chatsworth Road provides residents with proximity to renowned shopping malls like ION Orchard, Ngee Ann City, and Paragon. The district is also known for its fine dining restaurants, entertainment venues, and cultural attractions. The convenience of being in the city’s heart and the luxurious residential offerings make Chatsworth Road a cosmopolitan lifestyle in Singapore. The area is also resplendent with terrific high-quality international and local schools. These include Singapore Chinese Girls School, the School of the Arts (SOTA), Saint Joseph’s Institution Junior, and Eton House International, making it a great place to raise children of any age, with a variety of excellent nearby options.
Who lives on Chatsworth Road
Real estate magnate Kishin RK acquired a Good Class Bungalow (GCB) at Grange Road for $48 million. This purchase is significant as GCBs are among Singapore’s most coveted addresses. Kishin RK plans to redevelop the property, reorienting it to face Chatsworth Road to adopt this prestigious address. This move is expected to enhance the property’s value and appeal. The redevelopment reflects the growing demand for high-end properties on Chatsworth Road, establishing a new benchmark.
Artistic impression of Good Class Bungalow in Chatsworth Road.
Other homeowners in the neighbourhood include Ong Kok Thai, the owner of Vanguard Interiors / Proof Living and Raymond Ng, the CEO of EnviroHub. The area also hosts many important dignitaries, such as the Embassy of Indonesia and the High Commissions of Malaysia and Brunei. The presence of these high-profile individuals and foreign embassies adds additional prestige to this already high-profile neighbourhood.
Guide to The Most Exclusive Streets in Singapore
Where to eat and shop
Dempsey Hill offers a plethora of dining options, including Michelin-star restaurants. Burnt Ends is a modern Australian barbecue restaurant that will transport your taste buds to the land down under.
Photo Source: Burnt Ends
Ming Jian at Dempsey is a culinary journey through China’s rich flavours and traditions. This Michelin eatery offers an extensive menu that showcases the diversity of Chinese cuisine, from spicy Sichuan dishes to delicate Cantonese delicacies like Hairy Crab.
Photo Source: Min Jiang at Dempsey
Or, head to the Four Seasons Hotel in Singapore and visit Jiang-Nan Chun—delight in the refined flavours of Cantonese cuisine in an elegant atmosphere. Alternatively, nearby Fat Cow offers an exceptional Japanese wagyu dining experience with its rich flavours of premium beef.
Photo Source: Four Seasons Hotel
Take a short drive to Tanglin Mall, where you can discover various shopping options for every taste and style. From fashion boutiques to speciality stores, Tanglin Mall has something for everyone.
Chatsworth Road, D10
Singapore Luxury Homes is renowned as the top 1% luxury real estate team and is acclaimed for a landmark property transaction of over $45 million for an Astrid Hill Good Class Bungalow. If you’re in the market to view some of the biggest luxury houses in Singapore, connect with our team.