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Yun Nam boss picks up Good Class Bungalow at Brizay Park

Mr Chua was also the Singaporean who in 2014 paid US$2.2 million to have a private lunch with US investment guru Warren Buffett.

Inclusive of the latest deal, at least 23 GCB transactions have taken place this year at a total of S$531 million. The biggest deal is the British government's S$56.58 million sale of two land parcels on Nassim Road, carved out from part of the garden land at the British High Commissioner's residence, Eden Hall. The price works out to about S$1,652 psf across both plots.

Buyer OUE is understood to be looking at the site's topography and exploring its options, including re-amalgamating the plots and building a big bungalow on site - for sale.

Another big-ticket GCB deal this year is a single-storey property on a sprawling site at the corner of Queen Astrid Park and Coronation Road West, which went for S$44.5 million or S$1,271 psf.

The buyer is a family member of Goh Hup Jin, son of billionaire paint tycoon Goh Cheng Liang. The transaction was an estate sale. The 35,011-sq-ft freehold land area is large enough to be subdivided into two smaller GCB plots.