A three-storey bunch bungalow at Lornie 18 will soon be set up for its fourth largest auction by Knight Frank Singapore on Jan 20 next year, at a direct price of $5 million ($1,060 psf). At its prior auctions, it was recorded at a direct price of about $4.9 million ($1,039 psf). As there was not any bidding at its latest auction on Dec 9, the land was withdrawn.
The Avenir location former Pacfic Mansions, a new condo re-developed by Guocoland and Hong Leong.
Finished in 2009, Lornie 18 is a freehold bunch home development in prime District 11. Produced by Clydesbuilt Capital, it includes a total of 18 units.
The 4,715 sq ft property will be offered with vacant possession.
They have always lived in the home
She also notes that if the new owner chooses to lease out the home, the present owners could stay on till they locate a suitable home to enter.