SINGAPORE - The family behind Singapore’s iconic Green Bus Company - whose bus No. 1 plied the only Singapore-Johor route from 1950 to the 1970s - has put its Dunearn Road bungalow up for sale.

The freehold property is being marketed at $60 million, or about $2,480 per square foot land price.

Located at 436 Dunearn Road, the property is on a 24,189 square foot regular-shaped plot which comes with a three-storey mixed landed zoning.

While not classified as a Good Class Bungalow (GCB) itself, it is located off Shelford Road in the prime area of District 11 – near GCB areas in the same district.

The property could be “redeveloped into either four detached houses or two pairs of semi-detached and a detached”, said Nicholas Ng, senior director at JLL, which is marketing the property.

“Despite not being situated in a GCB area, this locale is well-sought after by discerning buyers seeking a peaceful, low-density living environment,” he added.

Built in the 1950s, the house has served as a multi-generational home for more than 70 years and was once occupied by four generations.

The Green Bus Company was one of the earliest providers of cross-border public bus transport. It was first known as Rochor Bus Co and co-established in 1935 by Ong Chin Chuan, whose descendants own the property.

The bus operator was merged into the United Bus Company in 1971, one of the three large bus companies that were formed out of 10 private operators. In 1973, the government stepped to re-organise the public bus system, establishing Singapore Bus Services.

THE BUSINESS TIMES

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