Singapore Good Class Bungalow sales activity up in 2025 as prices soften
Analysts expect momentum to continue in 2026 amid lower interest rates and better market sentiment
[SINGAPORE] The market for Good Class Bungalows (GCB) saw stronger activity in 2025, with higher overall transaction value despite softer prices.
According to Han Huan Mei, List Sotheby’s International Realty (List SIR) research director, there were 29 GCB deals worth S$990.4 million in 2025, 52 per cent higher than the 23 transactions worth S$652.1 million in 2024.
Actual figures could be higher, as some deals may not be caveated, noted Alan Cheong, Savills Singapore head of research and consultancy.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations