www.propertyguru.com.sg | 23 Aug 2013

OSIM founder Ron Sim is reportedly selling his good class bungalow (GCB) at Bin Tong Park for S$117 million, which translates to a psf price of around S$2,500. This would set a new record psf price, media reports stated.

The property has an area of about 22,000 sq ft and is located on a hillside slope. The site comprises two plots of freehold land that totals 46,842 sq ft. It features a 25m swimming pool, spa, home theatre, tennis court, private lift, wine cellar and a basement garage for 15 cars. 

www.propertyguru.com.sg | 6 Aug 2013

A good class bungalow (GCB) at Chancery Lane is up for sale by tender with an indicative price tag of S$39 million. Built in the 1980s, the freehold property is located within the Bukit Tunggal GCB enclave.

With a land area of 23,932 sq ft, the property could fetch a psf price of S$1,630. The tender was launched today by marketing agent DTZ and is scheduled to close on 9 September.   Following the sale, the new owners are expected to redevelop the site. 

www.propertyguru.com.sg | 20 June 2013

Preliminary figures from Savills reveal that investment sales of properties valued at S$10 million and above dropped 10 percent to S$4.5 billion in Q2. The final figures are expected to range between S$4.9 billion and S$5 billion.

This is lower than Q1 sales of S$5.6 billion, which was a significant drop from S$8.3 billion in Q4 2012 and S$9.4 billion in Q3 2012.

However, it has to be noted that Q2 2012 was a high base, with large 

The Business Times | 4 June 2013

THE freeze in the Good Class Bungalow (GCB) market appears to be thawing, with a few sizeable transactions done lately.

Simon Cheong, the boss of high-end developer SC Global, is selling his home in Cornwall Gardens for $42.5 million. This works out to $2,051 per square foot (psf) based on the land area of 20,719 square feet. On the elevated site is the luxurious bungalow that Mr Cheong developed and which is understood to have five bedrooms (including a sprawling master