Tag Archives: singapore luxury homes

TwentyOne Angullia Park owner in talks with bidders

CS Land, formerly known as China Sonangol, is in talks with several parties for the sale of 38 unsold units in its flagship project TwentyOne Angullia Park along Orchard Road. One of these parties is understood to be a consortium … Continue reading

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Two ultra high net worth investors buy more property in S’pore

TWO ultra high net worth foreign property investors in Singapore are expanding their presence here. In the luxury condo market, a Hongkonger and Singapore permanent resident who co-founded a jewellery business in the Special Administrative Region is understood to have … Continue reading

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High-end homes see price uptick

BEING the crème de la crème of the non-landed residential market, homes in the Core Central Region (CCR) are commonly referred to as high-end or luxury homes. According to the Urban Redevelopment Authority (URA), the CCR comprises postal districts 9, … Continue reading

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Big-ticket condominium transactions total more than S$250 million in H1 2016

CONDO transactions of S$10 million and above in the January-June period are up sharply from a year ago, marking the strongest showing since the second half of 2013. The strong pick-up was fuelled largely by foreign buying, attractive pricing and … Continue reading

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Almost 1 in 3 high-end Singapore condos sold at a loss in Q1

A S$4.3 million loss on the sale of a property would be a terrifying prospect for most people. But that eye-watering amount is what the owner of a three-bedroom apartment at The Ritz-Carlton Residences Singapore Cairnhill saw disappear down the … Continue reading

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High-end property market promising despite lack of foreign demand: Analysts

The private home market in the Republic is in the doldrums, with the prime residential segment especially quiet. However, with a lack of new supply expected in coming years, some analysts have said the prime segment could be the first … Continue reading

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Luxury home prices fall in Q1: JLL

Singapore’s luxury home prices have fallen, according to property consultant Jones Lang LaSalle. Prices in the first quarter fell 0.6 per cent quarter-on-quarter, and 4.3 per cent year-on-year. Jones Lang LaSalle said the price decline was partly due to government … Continue reading

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Wing Tai boss puts home on market for record S$300m

Wing Tai Holdings Chairman Cheng Wai Keung is selling a good class bungalow near the Botanic Gardens for as much as S$300 million, which would make it a record price for a single residential property in Singapore. The 85,000-square-foot site … Continue reading

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High-end housing worst hit by curbs

The high-end housing segment will be most affected by the recent property curbs, Mr Kwek Leng Beng, Executive Chairman of City Developments (CDL), said yesterday, adding that “some correction” would be needed for the overall market. Responding to a question … Continue reading

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Luxury developer says no to offering discounts

Following the latest round of property cooling measures in Singapore, many developers have been offering “incentives” to buyers in the form of discounts to offset the stamp duty hike. But builders of super prime properties have resisted such sales tactics. … Continue reading

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