Value of good class bungalow deals may be heading for 10-year high

SINGAPORE – The total value of good class bungalow (GCB) deals is heading for a 10-year high if sales continue at the blistering pace they have set so far this year.

There have been 68 sales totalling $2.05 billion from Jan 1 to Aug 20, up 392 per cent from the 21 deals worth $415.8 million in the same period last year, noted List Sotheby’s International Realty.

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