Good class bungalow

Camden Park GCB being sold for S$48 million to Centurion Corp’s Kelvin Teo

The bungalow belonged to late architect Ho Kok Hoe, whose sons put it up for sale at S$55.9 million

The Caldecott Hill site can be redeveloped into more than 60 two-storey bungalows, subject to approval.

Perennial puts Caldecott Hill site up for sale, asking over S$350 million

Group had bought site from Mediacorp in 2020 for S$280.9 million, plans to recalibrate resources to focus on core healthcare business 

The Dalvey Road bungalow was sold by Henry Ng, the former CEO of Pan-United Corporation.
SINGAPORE PROPERTY

Dalvey Road GCB sells for S$61 million, Victoria Park bungalow fetches nearly S$52 million

Price paid by philanthropist for Dalvey Road property reflects S$4,045 psf on freehold land area of 15,081 sq ft

The bungalow in Second Avenue, which stands on an elevated site, was built about 12 years ago.
SINGAPORE PROPERTY

Tycoon couple Gordon and Celine Tang’s son picks up Second Avenue GCB for S$53 million

The price works out to S$2,652 psf on land area; property is sold by immersive entertainment group Neon’s chairman, Ron Tan

The late pioneer architect Alfred Wong's bungalow in Bin Tong Park fetched S$45 millon this year.
BRUNCH

Getting real on Good Class Bungalow prices

Some silver-generation owners of bungalows in GCB Areas are adjusting downwards their price expectations, in favour of smaller homes and more cash for retirement

GCB Area bungalows sit at the apex of Singapore's residential property market.
THE LEVEL GROUND

Will deglobalisation and business uncertainty hurt buying power in Good Class Bungalow properties?  

Much uncertainty surrounds how negotiations between the US and various trading partners will unfold

Zhu Su, co-founder of disgraced crypto fund Three Arrows Capital, bought the S$48.8 million GCB at Yarwood Avenue in March 2022.

Haidilao founder Sean Shi, Ray Dalio, Forrest Li’s wife among ultra-rich splurging on 8-figure Singapore properties

Secretlab’s boss, Want Want family, Jack Ma’s wife also among super-rich buying into top-tier real estate here

The Peirce Hill bungalow, which is in the Ridout Park Good Class Bungalow Area, was developed about 30 years ago.
SINGAPORE PROPERTY

Peirce Hill bungalow owned by wife of 3AC’s Kyle Davies sells for S$37 million

The price works out to S$2,144 psf on the freehold land area of 17,260 sq ft

The bidding process lasted for over half an hour, and was then taken into private treaty behind closed doors with two interested parties.

Teo Hock Seng’s Good-Class Bungalow in Old Holland Road sold by private treaty

The 23,148 square foot site has been sold at an undisclosed price

GCB demand picked up in 2024, with 22 deals totalling S$1 billion, Knight Frank data shows.
SINGAPORE PROPERTY

Singapore GCB market sees interest picking up amid global uncertainty

Buyers are becoming “more discerning” and sellers more willing to engage on pricing, say market watchers