Luxurious: The view from a waterfront property for sale in the North Cove of Sentosa Cove in Singapore. The level of sales deals in the six months to June 30 was the best half-year performance in 11 years. — Bloomberg
SINGAPORE: The total value of good class bungalow (GCB) deals is heading for a 10-year high if sales continue at the blistering pace they have set so far this year.
There have been 68 sales totalling S$2.05bil (RM6.3bil) from Jan 1 to Aug 20, up 392% from the 21 deals worth S$415.8mil (RM1.2bil) in the same period last year, noted List Sotheby’s International Realty.
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