Singapore’s most appealing homes, known as Good Class Bungalows (yes, really), are reaching record prices thanks to exclusivity, of course. Good Class Bungalows, or GCBs, are only available to locals, so the combination of the supply scarcity and buyer exclusivity has led prices to soar even as the broader market has slowed, according to a Bloomberg report. “The super rich want to buy the best diamond, the best car, so in Singapore residential, the Good […]
source https://therealdeal.com/2019/02/23/why-these-exclusive-singapore-homes-are-setting-records-despite-cooling-market/
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