Good-class Bungalows in Singapore are continuing to transact for record prices, despite a dip in demand due to cooling measures passed in January.The latest big deal to attract attention was the sale of a house on Cluny Road for S$33 million (US$26 million), or about S$2,038 (US$1,605) per square foot ......... That makes it the most expensive good-class bungalow per square foot ever and the first to go for over S$2,000 (US$1,575). The bungalow is believed to have been sold to Chinese-born Chen Wei Ping, who is now a Singapore citizen and executive chairman of aluminium firm Midas Holdings. Full story
