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Wealth

Singapore’s Young Super-Rich Snap Up the Island’s Priciest Homes

Demand for good class bungalows is on the rise, with the number of the mansions sold tripling in just two years.

Houses in the Cluny Hill area. Known as good class bungalows, they’re ornate mansions or villas that can date back to colonial times and sit in leafy grounds in the city-state’s primest districts.

Houses in the Cluny Hill area. Known as good class bungalows, they’re ornate mansions or villas that can date back to colonial times and sit in leafy grounds in the city-state’s primest districts.

Photographer: Bryan van der Beek/Bloomberg

They’re the pinnacle of Singapore’s real estate market, houses so elusive they’re beyond the budget of even the island’s regular affluent class.

Known as good class bungalows, they’re ornate mansions or villas that can date back to colonial times, have plot sizes of at least 15,000 square feet (1,400 square meters), and sit in leafy grounds in the city-state’s primest districts.