What was the largest Good Class Bungalow sale in Singapore in Q2?
The deal was worth S$64.9 million.
Singapore's Good Class Bungalow (GCB) market recorded stronger activity in Q2 2026, with seven caveated transactions completed, up from four deals in the previous quarter, according to Realion (OrangeTee & ETC) Research. However, transaction volume remained below the nine GCB deals recorded in Q2 2025.
The report highlighted a GCB in the Nassim Road GCB area as the quarter's largest transaction, changing hands for S$64.9 million. Two adjacent GCBs in the Belmont Park GCB area were also sold for S$34.8 million and S$25.2 million respectively.
Realion Research added that the average land rate based on caveated GCB transactions rose to S$2,341 psf in Q2 2026 from S$1,803 psf in Q1 2026, marking the highest quarterly average since Q1 2025.