Singapore Good Class Bungalow sales picking up

Property-report.com, 6 May 2011
Despite a slow first quarter, sales of Good Class Bungalows (GCBs) in Singapore are on the rise again.
Caveats of URA Realis reveal two sales totalling S$65 million (US$52.6 million). Meanwhile RealStar managing director William Wong reported two freehold sales of S$99 million (US$80.2 million).
The URA Realis property transactions were an Astrid Hill property of 22,012 sq ft that sold for S$35 million (US$28.3 million), and a Belmont Road property on 32,626 sq ft of land that sold for S$30 million (US$24.3 million). Full story