Good Class Bungalow sales booming in Singapore

Property-report.com, 14 Dec 2010Total sales of Good Class Bungalows (GCBs) in Singapore this year have reached their highest number ever at S$1.85 billion (US$1.42 billion), up 7.3 per cent from the S$1.72 billion (US$1.32 billion) in sales in all of 2009.Year-to-date there have been 101 GCB transactions – there were 109 deals in 2009 and 119 deals in 2006. Prices for GCB sales have more than has