{"id":110613,"date":"2019-09-10T10:37:21","date_gmt":"2019-09-10T03:37:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/9-good-class-bungalows-sold-for-211m-in-h1\/"},"modified":"2019-09-10T11:06:11","modified_gmt":"2019-09-10T04:06:11","slug":"9-good-class-bungalows-sold-for-211m-in-h1","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/9-good-class-bungalows-sold-for-211m-in-h1\/","title":{"rendered":"9 good class bungalows sold for $211m in H1"},"content":{"rendered":"


\n16 Jervois Hill at Chatsworth Park emerged as the priciest GCB at $30.9 million, or at\u00a02,032 per sq ft (psf).\u00a0
\nNine good class bungalows (GCB) exchanged hands during the first half of 2019 for a total price of $211 million, reported Singapore Business Review citing a Knight Frank report.
\n16 Jervois Hill at Chatsworth Park emerged as the priciest GCB at $30.9 million or $2,032 per sq ft (psf), up 74.4 percent than the median psf price of $1,166. The property was built nine years ago, featuring a built-up area of 10,000 sq ft.
\nFor transactions of landed houses within GCB areas with an area of less than 1,400 sq m (15,069 sq ft), the most expensive transaction went to 63 Belmont Park, which was sold for $39.8 million.
\nThe sale represented the overall highest price in terms of quantum and psf price ($2,653) for H1 2019.
\n\u201c63 Belmont Park is a newly completed freehold bungalow off Holland Road, indicating how GCBs buyers are still willing to fork out a premium for their ideal property, especially for newer properties,\u201d the report said.
\nThe other GCB transactions covered in the report include the sale in Ewart Park ($30 million), Ridout Park ($25.7 million), Maryland Estate ($25 million), Queen Astrid Park ($23.6 million), Kilburn Estate ($22.2 million), Swiss Club Road ($18.8 million), First\/Third Avenue ($18.8 million) and 41 Ford Avenue ($17 million).
\nCheck out PropertyGuru\u2019s\u00a0properties for rent!\u00a0Alternately, refer to our other\u00a0handy rental guides,\u00a0or read more about\u00a0the hottest areas to live in with PropertyGuru\u2019s AreaInsider.\u00a0
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…9 good class bungalows sold for 1m in H1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

16 Jervois Hill at Chatsworth Park emerged as the priciest GCB at $30.9 million, or...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110613","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sM5","jetpack-related-posts":[{"id":110693,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-road-good-class-bungalow-for-sale-at-38-8m\/","url_meta":{"origin":110613,"position":0},"title":"Jervois Road Good Class Bungalow for sale at $38.8m","date":"September 12, 2019","format":false,"excerpt":"\r This District 10 property is situated within the Chatsworth Park Good Class Bungalow area. It is also within the embassy enclave, and is minutes from the central business district A good class bungalow (GCB) along Jervois Road has been put up for sale via tender, carrying a guide price\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jervois-mansion-sells-99-of-units-launched\/","url_meta":{"origin":110613,"position":1},"title":"Jervois Mansion sells 99% of units launched","date":"October 20, 2021","format":false,"excerpt":"\r 104 of the 105 units of the Jervois Mansion condominium project has been sold, with Singaporeans forming the majority of buyers. Source: Jervois Mansions Jervois Mansion, Kimen Group\u2019s condominium project in Jervois Close within the River Valley area, sold 99% or 104 of the 105 units launched, reported The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/jervois-mansions.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":109079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/belmont-road-gcb-to-go-under-the-hammer\/","url_meta":{"origin":110613,"position":2},"title":"Belmont Road GCB to go under the hammer","date":"July 17, 2019","format":false,"excerpt":"\r A Good Class Bungalow (GCB) at 80 Belmont Road is set to be auctioned on 23 July (Tuesday), carrying a guide price of $42 million or around $1,557 per sq ft (psf), reported The Straits Times citing Knight Frank Singapore. Situated near the Holland Village enclave, Sixth Avenue as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-this-the-most-expensive-property-transaction-in-singapore-ever\/","url_meta":{"origin":110613,"position":3},"title":"Is this the most expensive property transaction in Singapore ever?","date":"July 31, 2019","format":false,"excerpt":"\r A sprawling Good Class Bungalow (GCB) at 33 Nassim Road has been sold for $230 million, marking a new record in absolute price terms, reported The Business Times. A privately-owned firm controlled by Cheng Wai Keung, chairman of Wing Tai Holdings, and his wife, Helen, sold the 84,543 sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-good-class-bungalows-up-for-sale\/","url_meta":{"origin":110613,"position":4},"title":"Two Good Class Bungalows up for sale","date":"June 19, 2019","format":false,"excerpt":"\r Good Class Bungalows (GCBs) are the most prestigious type of landed housing in Singapore that only Singaporeans can buy. Shown is a\u00a0two-storey bungalow at 22A King Albert Park. Two good class bungalows (GCB) within District 10\u2019s Bin Tong Park and District 21\u2019s King Albert Park GCB areas have been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/06\/5-Bin-Tong-Park.jpg?fit=810%2C540&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grab-ceos-wife-acquires-gcb-in-bin-tong-park-for-40mil\/","url_meta":{"origin":110613,"position":5},"title":"Grab CEO\u2019s wife acquires GCB in Bin Tong Park for $40mil","date":"July 12, 2021","format":false,"excerpt":"\r The 21,6327 sq ft Bin Tong Park property, bought for $40 million, is expected to be redeveloped by the couple. Source: Google Maps The wife of Grab Co-founder and CEO Anthony Tan has acquired a property within the Bin Tong Park Good Class Bungalow (GCB) area for $40 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/GOOD-CLASS-BUNGALOW.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110613"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110613"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110613\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}