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GCB deals volume set to ease, but prices expected to remain firm
Published Wed, Dec 29, 2021 · 05:50 AM
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Singapore
AFTER a blockbuster year, the volume of bungalow deals in Good Class Bungalow (GCB) Areas is set to ease in 2022 as much of the supply available for sale has been taken off the market following the strong sales momentum between the fourth quarter of 2020 and Q3 2021.
Observers do not see the latest cooling measures as having much impact on most GCB buyers.
One generally has to be a Singapore citizen to be allowed to buy a landed property in a GCB Area.
Savvy, ultra-high-net-worth (UHNW) citizens typically ensure tha…
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