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Good Class Bungalows to remain sought-after this year

Overall, their prices are likely to rise by 5 to 8 per cent this year, kept in check by ABSD and TDSR, which remain in place

SALES of Good Class Bungalows (GCBs) - the pinnacle of Singapore's landed housing segment - rose to a five-year high last year.

Based on caveat records from the Urban Redevelopment Authority's Real Estate Information System (URA REALIS), 41 GCBs with a cumulative worth of S$867 million

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