While we occasionally see individual Good Class Bungalow (GCB) sites put up for sale, it is exceptionally rare to see a pair of adjacent sites on the market at the same time.

But now, two GCB plots in Camden Park have been listed for sale and can be acquired individually or collectively. The properties at 15 and 15A Camden Park are offered at guide prices of $26 million and $27 million, respectively.

The District 11 properties each comprise a single-storey detached bungalow that sits on largely level land of 13,116 sq ft and 14,060 sq ft. They will be sold in an Expression of Interest exercise managed by CBRE, the exclusive marketing agent.

Camden Park is a landed residential enclave in the Bukit Timah area. The properties for sale had been the residence of the late Earnest Lau and Mdm Kwa Geok Lian, both respected educators who made significant contributions to Singapore’s education landscape.

Before Lau passed in March 2011, he had reportedly bequeathed the properties to Kampong Kapor Methodist Church, which put up the properties for tender in 2016 at a guide price of $35 million.

The properties' adjoining location provides an additional option for buyers seeking a larger landholding or wishing to establish neighbouring family homes. [Image: CBRE Singapore]

Located within one kilometre from the Singapore Botanic Gardens, a UNESCO World Heritage Site, the properties offer convenient access to Orchard Road, the Central Business District and the wider Bukit Timah area.

The pair of GCB sites also enjoys excellent public transport connectivity, with the Botanic Gardens MRT Interchange Station within walking distance. They are also close to nearby eateries such as Adam Road Food Centre.

For families with school-going children, the two GCB sites are also in the vicinity of established schools including Raffles Girls' Primary School, Nanyang Primary School and Singapore Chinese Girls Primary School.

The availability of both adjacent plots at the same time is a rare opportunity for ultra-high net-worth buyers to acquire a sizeable GCB site in the established District 11 residential enclave near the Singapore Botanic Gardens.

The properties also present a unique opportunity for those seeking a larger estate, as they are held under separate freehold titles by the same owner. According to CBRE, buyers may purchase individual plots, or as a combined 27,176 sq ft site to achieve a considerably wider frontage and development opportunities.

With the limited availability of freehold GCB sites near the Gardens, the sale of 15 and 15A Camden Park offers buyers an attractive combination of location, exclusivity and investment flexibility. [Image: CBRE Singapore]

Rowena Chan, Senior Vice President of Residential Capital Markets at CBRE Singapore, says that there has been increasing interest from buyers who value the prestige and privacy of a GCB area but are more mindful about the amount of land they wish to acquire.

“A freehold site of these sizes offers considerable scope to still create a substantial family residence, while keeping the overall investment quantum more manageable," she says.

Last month, we published an article about the 10 largest GCB deals in the last 10 years. In it, we noted that half of all GCB transactions during that period were for plots smaller than 1,400 sqm (15,070 sq ft), the minimum land size for a GCB.

At the same time, average land prices for GCB sites have increased by as much as 60% over the decade. Although the overall volume of recorded GCB deals has subsided in recent years, industry watchers say that many deals are closed each year but are not caveated.

The last recorded GCB transaction at Camden Park was in November 2025, when a 29,922 sq ft site that used to belong to the late Singaporean artist and architect Ho Kok Hoe was sold for $48 million. The price translates to a land rate of $1,604 psf.

After a relatively tepid performance in 2025, GCB transactions started picking up in 2026, according to market research by Realion and published in its 2Q2026 luxury market report. Based on caveated transactions in that quarter, the average land rate of GCBs rose to $2,341 psf compared to the $1,803 psf in 1Q2026. The average land rate in 2Q2026 was the highest the market had seen since 1Q2025.

In the second quarter of this year, there were seven caveated GCB transactions. The most expensive deal was a GCB on Nassim Road, which changed hands for $64.9 million.

Turning back to the sale of 15 and 15A Camden Park, the expression of interest (EOI) exercise will close on January 20, 2027.