Good Class Bungalow sales reach $202M in H1 2024, up 8% HoH

📆 6/30/2024 10:29 PM
📰 SBRMagazine

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pstrongH1 2024 recorded nine transactions. /strong/p pDespite an unchanged number of transactions, the sales value of a href="https://sbr.com.sg/residential-property/news/good-class-bungalow-transactions-dwindle-583-yoy-in-2023"Good Class Bungalows /ain H1 2024 rose to $202m, up 8% from H2 2023.

PropNex, however, said that the actual volume of GCBs sold in H1 2024"is likely to be a tad higher, as a number of deals may not have been caveated."

Based on caveats lodged, the top Good Class Bungalow deal in H1 2024 was a bungalow in Ford Avenue sold in March for $39.5M, reflecting a unit price of $2,020 per square foot on land area.

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