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Why are Good Class Bungalows (GCBs) headed for a record high in 2021?

Property prices really have gone up across all segments, even the extreme luxury end. Good class bungalows (GCBs) have been all the rage in 2021: From $144 million worth in transactions in 48 hours (in July), to news of tech billionaires developing a penchant for these. There’s also a good likelihood that, with Covid-19 continuing to wreak havoc, the GCB. ....

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Grab CEO Anthony Tan's Family Acquires $40 Million Good Class Bungalow in Bin Tong Park

The area, located in District 10, is one of the most affluent residential areas in Singapore and is in close proximity to Holland Village and Leedon Park.
The home itself is spectacular primarily because GCBs are considered to be the most elite form of landed housing in Singapore.
Tong s new GCB was built in the 1990s and was previously occupied by a doctor. The deal for the property was made a few months ago and was only recently completed. The couple is expected to begin redeveloping the 21,637 sq ft property soon.
News of the property purchase comes just as Grab is working on a US$40 billion Special Purpose Acquisition Company (SPAC) deal which is expected to conclude towards the end of 2021. ....

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How Architect Edmund Ng Designs Dream Homes With A Tropical Flair

The building blocks of Ng’s success are grounded in a thoughtful amalgamation of user requirements, materiality and technology; a triumvirate of elements that “any good design can harness”, he says. Besides, as impressed as he was by the ornate structures of his holidays, Ng’s design language is bound to time and context.
“In Singapore, I will not design a classical house featuring ornate decorations and gargoyles as it does not suit the design language of this country,” he says. “Rather, I create projects with a design language which is relevant to modern Singapore, such as contemporary tropical houses.” ....

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10 Notable Singapore Luxury Property Launches In 2021

10 Notable Singapore Luxury Property Launches In 2021
asiatatler.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiatatler.com Daily Mail and Mail on Sunday newspapers.

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5 Property Trends Shaping Our Search For New Homes

5 Property Trends Shaping Our Search For New Homes
asiatatler.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiatatler.com Daily Mail and Mail on Sunday newspapers.

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