SINGAPORE (Feb 14): Catering to the affluent class, Singapore’s good class bungalows (GCBs) are seeing a surge in demand among new types of buyers - the super wealthy younger generation, according to Bloomberg.
SINGAPORE (July 23): Recent market deals have seen increasing buying interest from ultra-high-net-worth individuals (UHNI) for good class bungalow (GCB) deals in Singapore.
The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.
KUALA LUMPUR (March 9): Malaysian Anti-Corruption Commission (MACC) investigations into former deputy prime minister Datuk Seri Ahmad Zahid Hamidi’s (pictured) charity organisation Yayasan Akalbudi did not reveal documentation which suggested that the foundation had purchased two bungalows in Kajang in 2017, according to a witness at the politician’s graft trial yesterday.
GEORGE TOWN (Sept 30): If all things go according to plan, Batu Ferringhi will be gazetted “Penang’s first no-smoking tourism zone” next month, reported theSun.
PETALING JAYA (Sept 18): The Subang Jaya Municipal Council (MPSJ) has allowed more time for homeowners to get their illegal home renovations or extensions legalised, reported The Star today.
PETALING JAYA (May 25): Former prime minister Datuk Seri Najib Razak’s house could possibly be worth at least RM12 million, according to estimates made by real estate experts familiar with the area and based on recent transactions of bungalows in the area.
PETALING JAYA (Dec 13): The founder and chairman of The Mines Resort Bhd and Country Heights Holdings Bhd Tan Sri Lee Kim Yew has successfully raised more than RM2 million for charity by putting up his own bungalow collection through private auction.