Value of good class bungalow deals may be heading for 10-year high

(Clockwise from top left) A property at Nassim Road, a bungalow in Cluny Hill, a bungalow in Olive Road and a bungalow in the Bin Tong Park area. PHOTOS: TIMOTHY DAVID, ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The total value of good class bungalow (GCB) deals is heading for a 10-year high if sales continue at the blistering pace they have set so far this year.

There have been 68 sales totalling $2.05 billion from Jan 1 to Aug 20, up 392 per cent from the 21 deals worth $415.8 million in the same period last year, noted List Sotheby's International Realty.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.