Source: List Sotheby’s International Realty
The 32,160 sq ft freehold site in the coveted Nassim Road area fetched $218.8 million ($4,005 psf) in March 2021. It was the most expensive GCB last year in absolute terms (Photo: Samuel Isaac Chua/EdgeProp Singapore)
A wave of asset repricing
The Good Class Bungalow that was sold at the highest absolute price this year was the one at Chancery Lane for $66.06 million (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Most expensive GCBs of 2022
The Good Class Bungalow at Cornwall Gardens was sold for $47 million ($2,162 psf) in September (Photo: Samuel Isaac Chua/EdgeProp Singapore)
New pool of buyers
The most recent Good Class Bungalow transaction based on caveats lodged was the GCB at Astrid Hill that was purchased for $55.088 million in November (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Switch to detached houses
In the Raffles Park neighbourhood, RealStar Premier brokered the sale of a detached house at Oriole Crescent for $23.5 million, according to a caveat lodged in August (Photo: Google Maps)