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Jun 18, 2020 · What Are Good Class Bungalows? Good class bungalows, or commonly known as GCBs, are the most prestigious and exclusive type of landed housing in Singapore. Whilst most know that GCBs are super large and luxe homes for the wealthy, there are actually two things that distinguish GCBs from the ‘normal’ bungalows in Singapore: size and location. 2.
The 39 gazetted Good Class Bungalow (GCB) areas in Singapore. There are only about 2,700 GCBs in Singapore and thus the exclusivity of the segment that’s loved by the well heeled UHNWI. 1) Belmont Park (D10) 2) Bin Tong Park (10) 3) Binjai Park (D21) 4) Brizay Park (D10) 5) Bukit Sedap (D10)
Good Class Bungalows (GCBs) are landed properties in Singapore that are known for their spaciousness, privacy and exclusivity. They are located in prime residential areas and are highly sought after by those who value luxurious living.
Jun 14, 2024 · The Good Class Bungalow, commonly called GCB in short, belongs to the highest end of Singapore’s residential property market. To qualify as a GCB, the property must have at least 1,400 square metres (approx. 15,070 sq.ft.) of land area, and the bungalow itself is limited to a maximum of two storeys in height.
Dec 22, 2022 · SINGAPORE (EDGEPROP) - Transactions of Singapore’s most expensive homes — the Good Class Bungalow (GCB) market — wilted in 2022, with 43 deals done at a total sales value of $1.157 billion in the first 11 months of the year. This reflects a 55% plunge from the 90 GCBs that changed hands to the tune of $2.57 billion in 2021.
Apr 28, 2023 · landed property. Landed property in Singapore, from Good Class Bungalows (GCB) to cluster houses, are a rare jewel to own. Read our top guide on the 5 common landed property types in Singapore, and criteria for owning and modifying them.
Jan 9, 2024 · URA has a set of requirements that a landed property must meet to be considered a GCB. One of the main requirements is the size, width, and depth of the land parcel. Generally, GCB requirements are more stringent than those for a bungalow.
