GCB market in Q1

CAPTAINS of industry in areas including food, retail and making to medicine and education were active in the Good Class Bungalow marketplace in the first three months of the year.

The two-storey house, which will be sold with vacant possession, is next to the bungalow where his family and Mr Teo live. The seller is understood to be cardiologist Michael Lim, for. According to caveats data, the property was formerly transacted for S$23.5 million in 2011.

Is a two-storey house with five bedrooms.

The property was formerly transacted 20 million according to data that was caveats.

GCBs are the most esteemed sort of landed home in Singapore due to the planning restraints to maintain their exclusivity and low rise character.

The Urban Redevelopment Authority (URA) has designated 39 places on mainland Singapore as GCB Places.

Generally, GCBs have the absolute minimum land area of 1,400 square metres (15,069 sq ft); yet, when GCB Regions were gazetted in 1980, they contained some smaller present sites.

These are considered GCBs if they were to be redeveloped as the other GCB intending rules would bind them.

Singapore citizens are permitted to purchase landed residential properties in GCB Places under a policy change that took effect.

Prior to that Singapore permanent residents (PRs) could seek Singapore Land Authority‘s approval to obtain such properties supplied the land area failed to surpass 15,000 sq ft.

In terms of other landed houses in non-GCB Places on mainland Singapore, the government has dramatically reduced the amount of acceptances given to PRs needing to purchase houses that were such since 2011. Foreigners who aren’t PRs are ineligible.

A noncitizen is permitted to possess one landed residential property in that too for owner occupation and Singapore just, looking at the new launch condo.

Samuel Eyo, managing director of Singapore Christie’s International Property, found: “Foreigners can get posh penthouses or condominium units anytime in Singapore as long as they will have the means. On the other hand, the licence to purchase a GCB is allowed exclusively to Singaporeans.

“Any Singapore citizen who are able to possess a GCB would need to take the opportunity to achieve this due to the standing which is included with it. There are just about 2,500 GCBs and they’re largely the preserve of tycoons.”

Little Past Fact About West Coast

West Coast is a subzone located in the town of Clementi, which is in turn, situated in the western area of Singapore. The subzone currently lies in the West Coast GRC.

Commercial Facilities
Few comforts exists in the area of private houses and condominiums along West Coast. Nevertheless, a town centre exists in the center of the HDB housing estate. It consists of several two-storey shophouses, the West Coast Community Centre, the Ang Chee Sia Ong Temple, the Wu Tai Shan Buddhist Temple and the well known Clementi West Market.

During weekends, people from the private housing sectors of West Coast and other areas of Clementi patronise the town centre, which makes it very occupied.

Transport & Availability

West Coast is well linked with various road networks. There are two parallel main roads which serve West Coast: West Coast Highway and West Coast Road. Ayer Rajah Expressway is situated along the northern boundary of Clementi West. Penjuru Road and Jalan Buroh can be found towards the western end of West Coast, where Pandan is situated. Check out Parc Riviera aka Parc Riviera Condo

A varied system of public transportation also connects West Coast. SMRT services 176, 188, 189, 963 and SBS Transit services 30, 51, 78, 97, 143, 175, 196, 197, 198, 282, 285 journeys through or loops around West Coast and many of the mentioned bus services links West Coast to Clementi MRT Station along with Clementi Bus Interchange.

There are several fitness corners throughout West Coast. There is also a stadium and a swimming complex. Parks like Clementi Woods and West Coast Park are located in the outskirts of West Coast.

Enjoyment is also another important factor. Kids playgrounds are commonly be in HDB estates, in addition to an array of outrageous adventure playgrounds that are available in West Coast Park.