Why GCB Prices, Transactions Will Continue to Soar
Market watchers noticed the trend in the escalation of prices of Good Class Bungalows (GCBs). Researched found that these were as a result of new citizens of Singapore who purchased their dream homes once they received their citizenship approval. To date, these new citizens have widen. Previously, it was mainly from China. However, it has been noted that new citizens can be from Taiwan, Pakistan, Hong Kong, India as well as many other nationals from other parts of the world.
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