Family Late Architect Ho Kok Hoe Puts Camden Park Gcb Market 55888 Mil

, or $1,167 psfuot;The family of the late Singaporean artist and architect Ho Kok Hoe is selling his former home, a Good Class Bungalow (GCB) located in the prestigious Camden Park area, for $55.888 million. Ho purchased the property in 1968 and lived there for almost five decades until his passing in 2015 at the age of 93. The 29,918 sq ft freehold site has a storied past and a charming design that reflects Ho’s artistic talents.A property title search reveals that in 2008, Ho transferred the GCB to his three sons, Ho Kah Kui, Ho Kah Chun, and Ho Kah Keh, each with a one-third stake in the property. Currently, the GCB still remains the family’s abode.In its original state, the property was occupied by a one-storey bungalow when Ho first bought it. The house was renovated in 1968, with many of its original features retained. Since the site is situated on a sloping terrain, Ho constructed a one-storey extension and a lower-ground family area that was carved into the hillside. He also added a swimming pool in the early 1970s, which was rebuilt four times over the years.Ho carried out a more extensive renovation and expansion in 1997. He added two more storeys to the house, bringing the total number of en suite bedrooms to nine. The living and dining areas were also expanded, and the patio, which was last updated in 1968, was enclosed to create a larger entertainment area. The result is an 800 sqm (8,611 sq ft) residence that features a swimming pool, a koi pond, and a terraced garden.Ho Kok Hoe was an accomplished artist, architect, and art collector. He also served as the president of the Singapore Art Society from 1954 to 1968 and again from 1981 to 1983. Ho’s father, Ho Kwong Yew, was also an architect and artist and was the first Asian to be registered as an architect in Singapore. Following his father’s footsteps, Ho pursued architecture and even established his own firm named after his father. He designed many notable buildings in Singapore, such as the National Museum of Malaysia (1963) and the Haw Par Tiger Balm Building in Jurong (early 1970s). Apart from architecture, Ho was also a skilled painter, and his work can still be seen at St Joseph’s Institution at Malcolm Road, where he designed the stained-glass depiction of the Risen Christ above the altar. He also briefly dabbled in politics and won the River Valley seat under the Labour Front banner in the 1957 City Council elections.After 57 years of being in the family, Ho’s three sons have decided to sell the property. According to Kah Keh, the decision is part of a move to consolidate the family’s property holdings. The exclusive marketing agent for the property is Pearl Tan, a principal consultant at Realstar Premier Group. Tan believes that the $55.888 million asking price for the property is attractive, as it translates to $1,868 psf based on the land area of nearly 30,000 sq ft. The property is expected to attract ultra-high-net-worth families looking to settle in the prestigious GCB Area of Camden Park, which consists of just 26 houses spread across 588,000 sq ft. The property’s location is highly convenient, being just a five-minute drive from the Singapore Botanic Gardens and a ten-minute drive from Bukit Timah Nature Reserve and Orchard Road.According to URA caveats, the last GCB transaction in Camden Park occurred in September 2021, where a 16,607 sq ft freehold site was sold for $32.5 million ($1,957 psf). Other nearby transactions include a GCB on a 16,396 sq ft freehold plot that fetched $42 million ($2,562 psf) and a GCB at Chee Hoon Avenue, sitting on an 11,064 sq ft freehold plot, which sold for $26.7 million ($2,413 psf). A newly completed GCB at Chee Hoon Avenue is believed to have sold for $55 million ($3,553 psf). Realstar Premier brokered the deal. With these recent transactions in mind, Realstar’s Tan considers the $1,868 psf asking price for the Camden Park property to be competitive.

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