The year has seen some high-profile transactions in the Good Class Bungalow (GCB) market but the total volume and value of deals done seem to be lagging the exceptionally high base last year. Property agents attribute this to the uncertain business climate. An analysis of URA Realis data by List Sotheby's International Realty (List SIR) shows that so far this year, 34 deals totalling S$645.7 million...
A good class bungalow (GCB) in Kilburn Estate in District 21 will be put on the market again at an unchanged guide price of S$23 million, marketing agent Knight Frank Singapore said on Tuesday. The guide price works out to about S$1,216 per square foot, based on a land area of 18,911 sq ft. It is an owner’s sale. A public auction for the bungalow will be held on Oct 16 at 2.30pm at Amara Hotel, Level...
A Good Class Bungalow (GCB) at 80 Belmont Road will be auctioned next week in a mortgagee sale with a guide price of S$42 million, property consultancy Knight Frank Singapore said on Tuesday. That works out to a price tag of about S$1,557 per square foot (psf). The auction will be held at 2.30pm on July 23, at the Connection Room on Level 3 of Amara Singapore hotel. The two-storey freehold...
Sakae Holdings executive chairman and founder Douglas Foo is understood to be selling a bungalow in Cassia Drive in District 11 for nearly S$16.13 million. The price works out to S$1,542 per square foot based on the freehold land area of 10,458 sq ft. Located in the Raffles Park Good Class Bungalow (GCB) Area, the two-storey property is on a squarish plot. Mr Foo has been in the news recently...
Kuok Hui Kwong, chairman of Shangri-La Asia and daughter of Malaysian tycoon Robert Kuok, is buying a bungalow in Belmont Road for S$43.5 million. This works out to S$1,430 per square foot, based on the freehold land area of 30,420 sq ft in the Belmont Park Good Class Bungalow (GCB) Area. Ms Kuok, who is about 40, is understood to be a Malaysian citizen and Singapore permanent resident (PR). When...
TWO freehold Good Class Bungalow (GCB) transactions in District 10 are in motion - one on White House Park near the Botanic Gardens and the other tucked away on Ewart Park off Holland Road. The bungalow on White House Park is being sold at S$25.5 million, which translates to S$1,686 per square foot based on the land area of 15,125 square feet. The bungalow has five bedrooms, a pool and enough parking...
A MEMBER of the Kuik family that founded the Sim Lian Group snagged a Good Class Bungalow (GCB) last month in Chestnut Drive for S$16 million while Nasrat Muzayyin, a director and shareholder of several oil trading companies here, picked up a bungalow in District 11 for S$22.24 million. These were among some 60 caveated landed residential transactions worth S$336.76 million last month. This followed...
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