Savills Singapore is pleased to announce the successful sale of a Good Class Bungalow (GCB) redevelopment plot at 5 Jalan Sampurna for S$31.3 million, having acted on behalf of the sellers.

Located within the prestigious Oei Tiong Ham Park GCB enclave, the freehold site attracted strong interest from discerning buyers seeking a rare opportunity in one of Singapore's most exclusive residential addresses.

Despite a more selective luxury property market in 2026, demand for prime GCB assets remains resilient, underpinned by the scarcity of such GCB redevelopment plots and continued interest from ultra-high-net-worth individuals.

Spanning approximately 14,982 sq ft, 5 Jalan Sampurna is a large corner plot with a prominent 37-metre street frontage and a depth of approximately 32 metres. The site's regular, efficient configuration offers an ideal canvas for an architectural masterpiece. The enclave is renowned for its exclusivity, low-density housing, and lush surroundings, offering the ultimate privacy and serenity for Singapore’s elite.

Alan Cheong, Executive Director, Research and Consultancy, Savills Singapore notes: “Although the number of GCB transactions has apparently been low, this deal shows that for properties located in the better GCB areas, demand is still evident if the pricing is right.”

Nick Chan, Associate Director, Investment Sales & Capital Markets, Savills Singapore, commented: “The successful sale of Jalan Sampurna demonstrates the continued depth of demand for quality GCB opportunities in Singapore. While buyers remain discerning, well-located sites with strong redevelopment potential continue to attract meaningful interest. The enduring appeal of GCBs is supported by their scarcity, prestige and long-term wealth preservation attributes, making them one of Singapore's most coveted residential asset classes."