The second quarter of this year could have seen at least S$221 million worth of deals in Good Class Bungalow Areas (GCBAs), according to The Business Times.
Based on CBRE’s analysis of caveats data, the figure would be higher than the previous quarter’s S$180.5 million worth of deals.
A freehold property in Holland Park comprising a restored conservation bungalow connected to a newly built house is one of the latest deals transacted at S$28.8 million or S$1,893 psf.
The combined two-storey property has a land area of 15,210 sq ft and features four bedrooms, a guest room, study room, wine cellar, swimming pool and entertainment room, and a garage for three cars.
Source – PropertyGuru – 5 Jul 2013
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