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Good Class Bungalows (GCBs) have long been considered a prime status symbol, with most homeowners being the wealthiest of multi-generational families. This type of expensive and rare landed property is among, if not the most, high-class and prominent properties residing at the highest end of Singapore’s real estate market on Dalvey Road. This exclusive enclave, often overshadowed by its more renowned neighbours, offers a serene escape for those seeking abundant living amid lush greenery and tranquillity.
Dalvey Road’s origins trace back to the early 20th century when it was part of the larger Dalvey Estate. The area was named after Sir William Dalvey, a prominent figure during Singapore’s colonial era. The road is lined with well-preserved black-and-white bungalows, echoing the architectural elegance of a bygone era. These heritage homes serve as a window into Singapore’s past, showcasing the intricate designs and craftsmanship that were hallmark traits of colonial architecture.
While the historical bungalows add a touch of nostalgia, Dalvey Road has evolved to include contemporary mansions and luxurious condominiums. Expansive land plots, private gardens, and state-of-the-art facilities characterise the properties here. Architects and designers have masterfully blended modern aesthetics with the natural landscape, ensuring that each residence offers unparalleled comfort without compromising privacy.
From courtyards engaging with nature to roof gardens creating a feeling of openness to allow breezes to flow, it’s all possible on Dalvey Road.
Dalvey Road is synonymous with exclusivity. The limited number of residences fosters a tight-knit community of affluent individuals, including business magnates, diplomats, and celebrities. Stringent security measures further enhance The area’s reputation, ensuring peace of mind for its esteemed residents.
Who lives in Dalvey Road in Singapore
The real estate market on Dalvey Road is robust and resilient. Properties here are considered prime investments, with values appreciating steadily over the years. The combination of land scarcity, high demand, and the area’s undeniable allure makes it a hotspot for local and international investors. Owning a piece of Dalvey Road is not just about acquiring property; it’s about securing a multi-generational legacy.
Source: Business Times
Dalvey Road showcases some of Singapore’s most impressive real estate transactions. The Tsai family’s acquisition of a 52,059 square foot (sqft) Good Class Bungalow for S$93.9 million, previously owned by the late Minister Lim Kim San, exemplifies the calibre of properties and residents here.
The Widjaja family of Sinar Mas fame demonstrated the area’s potential for redevelopment, consolidating a S$53 million, 12-apartment Cree Court complex into a 65,416 sqft mansion, and family member and business magnate Oei Hong Leong, who lives down the street.
Other notable addresses include the late President Ong Teng Cheong’s conserved black-and-white bungalow, now occupied by his son, who runs the architecture firm Ong & Ong. Nearby, a 15,136-square-foot property tenanted by a European ambassador is valued at S$62 million.
Source: EdgeProp
New developments like Dalvey Haus are maintaining the area’s prestige, with units fetching around S$9 million. The rental market is equally robust, with a nearby Good Class Bungalow recently topping Singapore’s leasing market for S$85,000 monthly.
Dalvey Road continues to be a barometer for Singapore’s high-end real estate market, attracting established wealth and the new elite. Other owners here include a former Guocoland CEO and substantial Hwa Hong, Oceanus, and UMS Holdings shareholders.
Guide to The Most Exclusive Streets in Singapore
Secluded location in the middle of it all
One of Dalvey Road’s most captivating features is its proximity to the Singapore Botanic Gardens, a UNESCO World Heritage Site. Residents enjoy easy access to this lush haven, where they can indulge in leisurely walks, picnics, and various outdoor activities. The verdant surroundings provide a picturesque backdrop and contribute to the area’s serene ambience.
Despite its seclusion, Dalvey Road boasts excellent connectivity to Singapore’s key districts. It’s a mere stone’s throw away from Orchard Road, the city’s premier shopping and entertainment belt. Top-tier educational institutions like the Singapore Chinese Girls’ School and Anglo-Chinese School are within easy reach, making it an ideal location for families. The nearby Stevens MRT station provides seamless access to the rest of the island.
While Dalvey Road fosters community among its residents, privacy remains paramount. The enclave’s discreet nature is a significant draw for those who value confidentiality. Gated residences, private security, and the general layout of the area contribute to a living environment where residents can enjoy their lifestyles away from the public eye.
Dalvey Road, District 10
Bungalows for Sale in Singapore
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.
