Top 10 most expensive good class bungalows sold in Singapore in 2014

A bungalow at 67 Holland Park. -- ST PHOTO: LAU FOOK KONG 
A bungalow at 67 Holland Park. -- ST PHOTO: LAU FOOK KONG 

With a typical land size of 1,400 sq m (15,069 sq ft) and up, good class bungalows (GCBs) are rare - about 2,700 of them exist in 39 estates.

No wonder then that while demand for other types of residential properties in Singapore has fallen sharply, business in the GCB market has held steady, compared with last year.

To date this year, 26 GCBs have been sold with a total value of $587.75 million, an analysis by property services firm CBRE showed. This is comparable to the 29 deals worth $682 million for 2013.

The market in GCBs has fallen though when compared with 2012, when 54 GCBs changed hands for $1.17 billion, or 2010, which saw a record 133 GCBs change hands for $2.38 billion.

Here are the top 10 most expensive GCBs sold this year, ranked by absolute prices:

Sjbungalow191214

1) 27 Ridout Road

Land size: 3,130 sq m

Price: $35 million ($1,039 psf)

Sjbungalow1912141

2) 74 Belmont Road

Land size: 2,458 sq m

Price: $33.5 million ($1,266 psf)

3) 6B Cable Road

Land size: 1,552 sq m

Price: $31.8 million ($1,904 psf)

4) 10 Bin Tong Park

Land size: 1,887 sq m

Price : $31.5 million ($1,551 psf)

5) 29 Margoliouth Road

Land size: 1,687 sq m

Price: $30.8 million ($1,696 psf)

6) 62A Dalvey Road

Land size: 1,718 sq m

Price: $30.8 million ($1,666 psf)

7) 42 Belmont Road

Land size: 2,035 sq m

Price: $30.5 million ($1,392 psf)

Sjbungalow1912142

8) 65 Holland Park

Land size: 1,400 sq m

Price: $30 million ($1,991 psf)

9) 33 Cluny Hill

Land size: 1,410 sq m

Price: $30 million ($1,976 psf)

10) 837 Old Holland Road

Land size: 1,890 sq m

Price: $28.5 million ($1,401 psf)