GCB deals and prices expected to rise in 2024 on pent-up demand, motivated sellers
Market starts to stir in December after quietening in the aftermath of the anti-money laundering raids on individuals of Fujian origin
Add BT as a preferred source
AFTER a relatively quiet year, the volume of transactions for Good Class Bungalow (GCB) Areas is expected to pick up in 2024.
This is likely to be fuelled by pent-up demand and more realistic price expectations from the segment of owners who are motivated to sell.
Expectations of lower borrowing costs are also likely to help improve the buying mood, said observers.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
