Good Class Bungalow deals in Q3 down from previous quarter
Transactions worth S$177m notched, lower than S$282m in Q2 but higher than S$167m in Q3 2014
Singapore
NINE bungalows in Good Class Bungalow (GCB) areas were transacted at a total of nearly S$177 million in the third quarter, down from 11 deals worth S$282 million in the second.
The Q3 showing was, however, ahead of the seven deals that closed for a total S$167 million in the third quarter of last year.
In the first nine months of this year, the GCB sale tally was 24 deals totalling S$554 million, slightly ahead of the 22 transactions worth S$511 million in the corresponding year-ago period.
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