In the rarefied world of the rich, transaction activity in the bungalow market has picked up in the past two months.Recently, a Good Class Bungalow (GCB) on Cable Road, located opposite the High Commission of Malaysia in the Jervois area was sold for S$18.9 million (US$13.8 million), or S$1,456 per square foot. The two-storey, five-bedroom detached house with swimming pool sits on a freehold land site of 12,981 sq ft. It was a mortgagee sale, and had been on the market since last year.On…
Source : South China Morning Post
Read more…Singapore’s bungalow sales regain pace in the rarefied world of the rich amid lull in lockdown as coronavirus cases ebb















