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.
(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

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.

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