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What was the largest Good Class Bungalow sale in Singapore in Q2?

Published: 15 Jul 2026 · 08:01 SGT
Author: Staff Reporter
Source: Real Estate Asia

Private Residential Transactions & Deals

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Higher quarterly deal activity and a record-since-Q1-2025 average land rate of S$2,341 psf signal firmer demand, potentially supporting seller price expectations.

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A Nassim Road Good Class Bungalow was Q2 2026's largest GCB transaction at S$64.9 million, as seven caveated deals were completed.

What was the largest Good Class Bungalow sale in Singapore in Q2? — Source image · Real Estate Asia

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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.