Charles & Keith family buys another GCB; total of 15 sold from Jan-May
The first five months of this year saw 15 deals in GCB Areas totalling S$298.45 million, higher than 2016 figures
Singapore
THE family of the well-known handbag and shoemaker Charles & Keith has bought another bungalow in a Good Class Bungalow (GCB) Area.
Low Lay Eng, a shareholder of Charles & Keith and believed to be the mother of the eponymous group's founders, paid S$20 million for a bungalow along Chatsworth Road. The price works out to S$1,503 per square foot based on the freehold land area of over 13,300 sq ft.
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