Cluny Hill Bungalow Sells for $85M as Geylang Condos Outperform Central Region
Published 22 May 2026 · Covers news from 21 May to 22 May
The Haidilao co-founder's family has acquired a second Cluny Hill bungalow for S$85 million, underscoring continued ultra-high-net-worth appetite for Good Class Bungalow areas. Separately, Stacked Homes reports that Geylang-area condos — spanning Paya Lebar, Eunos, Aljunied and Dakota — have outperformed the broader Central Region condo market over the past decade.
- The family of Haidilao co-founder has purchased a second bungalow on Cluny Hill for S$85 million, according to Business Times reporting, signalling sustained demand at the top end of Singapore's landed residential market [2].
- Stacked Homes reports that Geylang condos outperformed the Central Region over the past decade, with price drivers identified across the Paya Lebar, Eunos, Aljunied, and Dakota sub-markets; the analysis also notes where value is said to still exist as of 2025 [4].
- A Macpherson Weave BTO family of five completed a four-room flat renovation for S$40,000 using IKEA's Home Design Service, after other interior design firms quoted approximately 20% more — a case study Stacked Homes presents as a cost-comparison reference for new BTO owners [1].
- Item [5] references City Developments Ltd coming onto investors' radar following a recent development, though the snippet does not provide sufficient detail on the underlying event to summarise further; buyers and agents tracking developer stocks may wish to review the full article [5].
Sources
- [1]This Family Of Five Spent $40K To Have Their Macpherson BTO Fully Designed By IKEA
Stacked Homes · 21/05/2026
- [2]Haidilao co-founder’s family buys second bungalow in Cluny Hill, for S$85 million - The Business Times
Google News — Singapore property · 21/05/2026
- [4]This “Affordable Central” Neighbourhood Has Outperformed Singapore’s Condo Market Over The Past Decade
Stacked Homes · 21/05/2026
- [5]
Note: This insight was AI-synthesised from the sources above. SifuProperty does not predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.