BT WEEKEND

The changing profile of the GCB market

Published Fri, Sep 10, 2021 · 05:50 AM

AS the make-up of Singapore's high-net-worth demographic has changed over the years, so too the profile of the property market's top tier - the Good-Class Bungalow (GCB) segment. While business tycoons and "old money" dominated ownership of these luxury properties in the past, the profiles of buyers have changed in tandem with the transformation in Singapore's economy. The preferences of these buyers have also changed.

In Brunch in The Business Times Weekend, we delve into the GCB market, which has recorded a surge in transactions and record prices being set this year.

Named one of Fortune's Top 50 Most Powerful Women in Business for the last four years, Jane Sun, chief executiv of Trip.com Group, knows first-hand that travel not only promotes understanding of different cultures, but can also be life-changing. She tells us how, in The Raffles Conversation.

Investing is a matrix of decisions involving appetite, funds and allocation. But there are some steps that investors should take to plan their finances before they even start thinking about investing, our columnist writes in This Time Is Different.

Meritocracy has become something of a bad word lately, having become tangled up with elitism and privilege. In Fine Print, our reviewer dives into a new book, The Aristocracy Of Talent: How Meritocracy Made The Modern World, which makes the historical case for talent and robustly rebuts critics.

And in Fit To Lead, orthopaedic surgeon Alan Cheung relates how his own sporting life and varied experience helps him hone his craft and heal athletes.