Activity in good class bungalow market picks up

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Thu, May 05, 2011
The Business Times

By Kalpana Rashiwala

SINGAPORE - After easing in the first quarter of this year, activity in the Good Class Bungalow (GCB) market seems to have picked up in April, at least for some agents.

Singapore bungalows
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URA Realis caveats show two deals done in April for a total of S$65 million. They comprise a bungalow at Astrid Hill with 22,012 sq ft land area sold for S$35 million and a Belmont Road property on 32,626 sq ft of land which fetched $30 million.

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