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Tale of 2 cities for GCBs and Sentosa Cove bungalows

Only 2 deals at Cove YTD, while GCB market still supported by Singaporeans, with 23 caveats lodged

The bungalow on Ocean Drive fetched S$13 million or S$1,716 psf on land of 7,577 sq ft in early October


IT is barely two months before 2014 ends and just two bungalows in the Sentosa Cove waterfront housing district have been transacted so far this year totalling S$27.5 million - down from 18 deals last year worth S$367 million.

In contrast, the Good Class Bungalow (GCB)...

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