A Legacy Property with Rich History

The Ong family, descendants of Green Bus Company co-founder Ong Chin Chuan, has listed their historic bungalow on Dunearn Road for sale at $47 million. This property, spanning nearly 24,200 square feet, is a rare find in Singapore's prestigious District 11.

Potential for Redevelopment

According to Nicholas Ng of JLL, the property offers significant redevelopment potential. "It could be transformed into four detached houses or two pairs of semi-detached and a detached," Ng explained, highlighting the property's versatility and appeal to discerning buyers.

A Peaceful, Low-Density Living Environment

The bungalow's location is highly sought after for its peaceful, low-density living environment. Constructed in the 1950s, it has served as a multi-generational residence for over 70 years, housing up to four generations of the Ong family.

A Piece of Singapore's Transport History

The Green Bus Company, co-founded by Ong Chin Chuan in 1935, was a pioneer in cross-border public bus services. This sale not only represents a significant real estate opportunity but also a piece of Singapore's rich transport history.