Over the past two decades, Realstar Premier Group has significantly shaped Singapore’s luxury landed property market by brokering some of the country’s most prominent transactions and scaling new heights of success in both the Central and East districts.
With an unsurpassed track record of almost $18 billion in transactions from close to 2,400 landed properties, including 160 Good Class Bungalows (GCBs), Realstar is well regarded as the leading authority in the landed segment.
Redefining benchmarks in Singapore’s most prestigious districts
Realstar’s resounding success in consistently setting new records in the luxury property segment is seen from its sale of Singapore’s largest GCB transaction by quantum—the sale of three GCBs at 42, 42A, and 42B Nassim Road for a staggering $206.7 million. Another record-breaking deal was the sale of a Tanglin Hill GCB, which set a record price per square foot based on land area at $93.88 million ($6,197 psf).
Formidable market share in the central region
Riding on its noteworthy track record, Realstar further strengthened its presence in the Central Region in 2024, transacting 50 landed properties based on caveats lodged, achieving almost one-third market share – this excludes an additional 24 transactions completed without caveat lodgement.
In the GCB market, Realstar successfully captured an impressive 40% market share with eight caveated GCB transactions in prime locations such as Gallop Road, Fifth Avenue, and Belmont Road, covering over 80,000 sq ft of land. Among them was a 19,554 sq ft GCB along Ford Avenue, which was transacted for an impressive $39.5 million in March 2024. Additionally, Realstar facilitated six other GCB transactions that were not caveated due to personal data protection considerations. In total, there were 21 GCB transactions in 2024, up from 18 in 2023.
Dominating the East: the biggest landed transactions
Realstar’s expertise in brokering high-value transactions and setting new records in the luxury property segment continues in the East district. Realstar sold over 40 landed properties in the east region, totalling nearly 140,000 sq ft in land size. These transactions, which included bungalows and semi-detached houses, accounted for 51% of all landed property sales in the area. A 25,680 sq ft land plot—promoted as the largest in Wilkinson Road—was sold for a remarkable $55.5 million ($2,161 psf), marking a record price for a landed plot in District 15 in 2023.
Luxurious Gems in the Central Region
The Central Region of Singapore is widely regarded as the gateway to myriad experiences and a place where prestigious business, entertainment and recreational spots can be found. It is further epitomised by a plethora of renowned institutions catering to all ages. The enviable location, coupled with the extensive MRT network and major expressways, makes connectivity around the island a breeze, further cementing its irresistible allure, making homes in the central region superbly attractive either for investment or personal stay.
The Central Region is also home to more than 30 out of the 39 gazetted Good Class Bungalow areas in land-scarce Singapore. These prestigious abodes are home to the affluent and discerning few. With its continued reign in this niche segment, Realstar is currently marketing this curated selection exclusively in these highly coveted neighbourhoods.
The sprawling well-maintained outdoor areas (Picture: Realstar)
GCB at Swettenham Close, Ridout Park GCB Area
The first abode is a Good Class Bungalow nestled in Swettenham Close, within the prestigious Ridout Park enclave off Holland Road in prime District 10.
This stunning home rests on close to 16,000 sq ft of freehold land and offers 11,000 sq ft of luxurious living areas, both indoors and outdoors, which features a palatial villa with elegant living spaces, a private pool, and a collector’s garage for 10 cars. Amenities and connectivity are never too far from home with Queenstown MRT located a stone’s throw away. Families will also be within a brisk 12- to 15-minute drive to Orchard Road and Marina Bay.
The Colonial-Victorian-designed living area boasts double-volume ceilings (Picture: Realstar)
This tasteful home has been carefully maintained, from the polished marble flooring to the lush landscaping. This presents opportunities for the next discerning owner to design the home according to their needs by way of redevelopment, additions, alteration works and reconstruction. However, if one appreciates Colonial–Victorian designs and architecture, this home is ready to welcome her new owners with minimal hassle.
GCB at Olive Road, Caldecott Hill Estate
Along the tranquil streets of Olive Road in District 11, one will find a resort-style Good Class Bungalow (GCB). This humble home with an auspicious address and is tucked on a 16,200 sq ft plot in the exclusive Caldecott Hill enclave. Future homeowners will be greeted with unblocked, panoramic views of their neighbours, surrounded with greenery, and flanked with the city skyline in the background as the home sits on an elevated land plot – a rarity in the landed segment, making it a gem to treasure for generations to come.
The breathtaking, picturesque views from the upper levels (Picture: Realstar)
Apart from its splendid, evergreen architecture and design language, the main selling point that sets this home apart is its squarish land plot, which shows off a 36m frontage coupled with a plot depth close to 42m.
The pool view from one of the bedrooms. (Picture: Realstar)
Within its massive compounds, homeowners will be treated to 7,000 sq ft of living space which comprises six ensuite bedrooms, an entertainment room, a helper’s room, a swimming pool, and an alfresco entertainment area.
The resort-themed design of the brightly lit and well-maintained interiors (Picture: Realstar)
It also has superb redevelopment potential, making it ideal for its future owner to carefully curate and customise a bespoke trophy asset.
Conveniently located just a six-minute walk (430m) from Caldecott MRT Station (Circle Line) and within a 1km range of reputable schools such as CHIJ Toa Payoh Primary and Marymount Primary, making it an appealing choice for families with children of school-going age.
Another notable GCB within the Caldecott Hill Estate that Realstar is marketing is located along Joan Road. The property sits on a 14,400 sq ft freehold site and features an existing double-storey bungalow with a 12,892 sq ft built-up area and features four bedrooms, three of which are ensuite, including a sprawling master bedroom. The basement level houses a household shelter and an entertainment room with an ensuite bathroom – perfect for movie nights and bonding with loved ones. For the automotive enthusiast, this home boasts an eight-car garage, a perfect place for entertaining or simply, working on their prized possessions.
Binjai Park, King Albert Park GCB Area in prime Bukit Timah enclave
Nestled within the Bukit Timah-Dunearn Road area in District 21 is the Binjai Park GCB enclave, home to notable residents, including retired Chinese action star Jet Li.
Riding on Realstar’s continued dominance, the agency is also actively marketing a charming single-storey bungalow in Binjai Park. Do not let its understated façade fool you as the home comes with a basement, which comes as a surprise to many. The 6,000 sq ft house sits on a sprawling 21,694 sq ft freehold squarish site spanning over 40 metres across with a plot depth of almost 50 metres. Ripe for redevelopment, future homeowners can take advantage of the land’s unique topography. The sloping gradient towards the back may pave the way for its discerning owner to curate a unique, stately masterpiece. The property is also conveniently located just 766m from King Albert Park MRT Station along the Downtown Line.
Within the GCBA of King Albert Park, a 2-storey GCB is up for sale. Just a stone’s throw from the King Albert Park MRT station, this GCB features a basement level, a sprawling land size of 36,464 sq ft, and a wide frontage of nearly 14 meters — a perfect site for rebuilding your dream home.
Nassim GCB – Heritage Meets Prestige
Coming back to District 10, Realstar, together with visionary inputs from Edmund Ng of Edmund Ng Architects, is breathing new life into a historic GCB in Nassim. Seamlessly marries heritage charm with modern elegance, creating a timeless architectural masterpiece. Ng’s eponymous firm has a strong track record in designing private properties that showcase contemporary architecture with clean, modern aesthetics.
The white colonial architecture, terracotta roof tiles and emerald-coloured balustrades evoke a sense of heritage (Picture: Realstar)
Look out for the excitement coming Thursday, 27 March 2025.
With 24 years of excellence in landed real estate and over a thousand landed property listings, Realstar remains committed to guiding you through a seamless journey to your new landed home.
To date, Realstar has successfully brokered close to $18 billion worth of landed property transactions.
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