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COMMENTARY

Resilient GCB market can weather market shocks

The cooling measures lowered the profitability of these homes, but owners can usually wait to sell.

GOOD Class Bungalows (GCBs) are arguably the most exclusive and expensive pieces of real estate in Singapore.

The most recent market shock before the Covid-19 pandemic this year was the property market cooling measures introduced by the Singapore government on July 5, 2018.

In this...

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