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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

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This freehold bungalow in Tanglin Hill changed hands last month for S$25 million. The price works out to S$1,539 psf, based on the land area of 16,243 sq ft.

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