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

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.