The Business Times
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THE LEVEL GROUND

Buying a GCB may be a no-brainer for the rich, but there are many other good uses of money

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Leslie Yee

Leslie Yee

Published Mon, Jan 29, 2024 · 03:13 PM
    • Monies that go into buying and sprucing up houses in GCB Areas can be productively used in many other areas.
    • Monies that go into buying and sprucing up houses in GCB Areas can be productively used in many other areas. PHOTO: YEN MENG JIIN, BT

    IN SINGAPORE’S pricey private housing market, detached homes in Good Class Bungalow (GCB) Areas sit at the pinnacle. 

    GCB Areas are leafy landed housing enclaves, where new detached homes have minimum plot sizes of around 15,070 square feet (sq ft). 

    There are 39 GCB Areas designated by the Urban Redevelopment Authority (URA), such as Caldecott Hill Estate, Dalvey Estate, Leedon Park, Nassim Road and Swiss Club Road. 

    Good class bungalowResidentialSingapore residential propertyResidential propertyProperty investmentThe Level GroundHigh net worth individuals

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