{"id":118329,"date":"2020-08-22T11:25:57","date_gmt":"2020-08-22T04:25:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-bungalow-sales-regain-pace-in-the-rarefied-world-of-the-rich-amid-lull-in-lockdown-as-coronavirus-cases-ebb\/"},"modified":"2020-08-22T12:03:17","modified_gmt":"2020-08-22T05:03:17","slug":"singapores-bungalow-sales-regain-pace-in-the-rarefied-world-of-the-rich-amid-lull-in-lockdown-as-coronavirus-cases-ebb","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-bungalow-sales-regain-pace-in-the-rarefied-world-of-the-rich-amid-lull-in-lockdown-as-coronavirus-cases-ebb\/","title":{"rendered":"Singapore\u2019s bungalow sales regain pace in the rarefied world of the rich amid lull in lockdown as coronavirus cases ebb"},"content":{"rendered":"


\nIn 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\u2026
\n
\nSource : South China Morning Post
\nRead more…Singapore\u2019s bungalow sales regain pace in the rarefied world of the rich amid lull in lockdown as coronavirus cases ebb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In the rarefied world of the rich, transaction activity in the bungalow market has picked...<\/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-118329","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-uMx","jetpack-related-posts":[{"id":104115,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-class-bungalows-fetch-record-prices-amid-market-slowdown\/","url_meta":{"origin":118329,"position":0},"title":"Good class bungalows fetch record prices amid market slowdown","date":"February 18, 2019","format":false,"excerpt":"\r The bungalow of HDB\u2019s former chairman was sold last year for nearly $94 million. (Photo: JLL) Despite a slowdown in the property market, prices of Singapore\u2019s good class bungalows (GCBs) continue to soar to record heights even though foreigners are not allowed to acquire this type of asset, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/garlick-avenue-bungalow-for-sale-for-16-5m\/","url_meta":{"origin":118329,"position":1},"title":"Garlick Avenue bungalow for sale for $16.5m","date":"September 17, 2019","format":false,"excerpt":"\r Nestled on the highest point of Garlick Avenue, the freehold property sits on a 9,221 sq ft elevated site, which enjoys a 27-metre frontage. A detached single storey bungalow at 72 Garlick Avenue in District 10 has been put up for sale via expression of interest for $16.5 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122448,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lee-hsien-yangs-caldecott-hill-bungalow-on-sale-for-16-8mil\/","url_meta":{"origin":118329,"position":2},"title":"Lee Hsien Yang\u2019s Caldecott Hill bungalow on sale for $16.8mil","date":"October 8, 2021","format":false,"excerpt":"\r The 9,888 sq ft two-storey detached house\u00a0is located in the Caldecott Hill GCB area. Lee Hsien Yang, the Prime Minister\u2019s younger brother, is selling his two-storey bungalow in Caldecott Hill for $16.8 million, reported Bloomberg. The freehold property, which was listed on PropertyGuru, was described as a \u201cresort-style modern\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/lee-hsien-yang-bungalow.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":59957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/good-class-bungalow-market-lukewarm\/","url_meta":{"origin":118329,"position":3},"title":"Good class bungalow market lukewarm","date":"July 6, 2017","format":false,"excerpt":"\r \u00a0 While activity in Singapore\u2019s good class bungalow (GCB) market is tepid \u2013 moving only 10 units in the first half of the year, down from 11 units over the same period last year \u2013 smaller bungalows in GCB areas witness brisker sales, reported The Straits Times. CBRE\u2019s analysis\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ultra-rich-foreigners-turn-to-singapore-luxury-homes\/","url_meta":{"origin":118329,"position":4},"title":"Ultra-rich foreigners turn to Singapore luxury homes","date":"August 7, 2019","format":false,"excerpt":"\r Luxury residential brokerage firm Sotheby\u2019s International expects foreign ultra-high-net-worth (UHNW) investors to drive sales activity within Singapore\u2019s luxury residential segment. This comes as the geopolitical tensions in the UK and Hong Kong are enhancing the attractiveness of luxury homes within the city-state, reported Singapore Business Review. British billionaire James\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-bungalow-sales-seen-in-sentosa-cove\/","url_meta":{"origin":118329,"position":5},"title":"More bungalow sales seen in Sentosa Cove","date":"August 10, 2016","format":false,"excerpt":"\r View of waterfront bungalows in Sentosa Cove. Sentosa Cove has witnessed an improvement in bungalow deals lately, with the bulk sale for the 10 remaining bungalows on Pearl Island, one of the district\u2019s five man-made islands, entered into, reported The Business Times. The transaction, which will be done via\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118329"}],"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=118329"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118329\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}