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Good Class Bungalow market starting to recover

At least 6 transactions in GCB Areas since start of year, totalling about $170m

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Freehold: The two-storey bungalow along Margoliouth Road (above) has changed hands for $30.8 million, which works out to $1,696 per square foot on its land area of 18,161 sq ft

ACTIVITY in the Good Class Bungalow market is starting to pick up with a few deals done recently.

Along Margoliouth Road off Stevens Road, a two-storey, old bungalow has changed hands for $30.8 million. This works out to $1,696 per square foot on its land area of 18,161 sq ft.

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