A joint venture (JV) between CLSA Capital Partners and Lippo Group has sold the remaining 14 condo units in the 26-unit freehold property The Holland Collection at slightly more than S$50 million, or about S$1,600 psf, on average. The buyer of the remaining units, which comprise two-, three- and four-bedroom apartments, is said to be Straits Trading. Located near the Singapore Botanic Gardens, the...
Luxury Property
Scotts Square, a 338-unit freehold highend condominium development in the prime Orchard Road-Scotts Road neighbourhood, is back on investors’ radar screens, as it scheduled to obtain the temporary occupation permit towards the latter part of this year. Scotts Square, by listed luxury developer Wheelock Properties, comprises two residential towers of 43 storeys and 32 storeys each atop a three-storey...
A Good Class Bungalow (GCB) at Cluny Road has fetched a record land price per unit of S$33 million (approximately S$2,038 psf) on a freehold land area of approximately 16,200 sq ft. This amount surpasses the previous record of S$1,899 psf on land area that Chew Hua Seng, Chairman and Founder of Raffles Education, paid for 32H Nassim Road in 2007. The latest transaction was handled by Singapore Home...
Prices of Singapore's luxury prime homes remained stable for the second straight quarter as buyers stayed cautious after recent government tightening measures, according to Jones Lang LaSalle. Overall, the Singapore mass residential market saw a 12 per cent increase in prices in 2010 driven by positive sentiment on the back of strong economic performance. However the high-end market has been more subdued...
Living in Devonshire Residences is almost like enjoying rides in the amusement park. Situated in the heart of Orchard, an amazing hive featuring reputable city attractions and up-to-the-minute style, you are pampered with choices. Forget mundane. This residential number is fashioned for you, the young, vivacious and fabulous. The project is a delightful 25-storey development that houses 84 units and 2...
Location: 8 Enggor Street (District 2) Tenure: 99 years leasehold Expected Completion: 2014 Site Area: approx 30,011 sqft Total Units: 360 (1 tower, 72 storeys) Unit Types: 1 Bedroom ~ 366-506 sqft 2 Bedrooms ~ 667-700 sqft 3 Bedrooms ~ 958-1141 sqft Penthouse ~ 1001-1411 sqft Facilities: Level 7 • Swimming Pool • Children Pool •Lap Pool • Bubble Pool • Jacuzzi • Eco-pond • Tennis Court •...
Interest in apartments at the 1,111-unit The Sail @ Marina Bay revived last month, with four units changing hands between Dec 21 and 28 at prices ranging from $1,899 to $2,990 psf. Eric Tay, an agent with PropNex who specialises in residential projects in the Marina Bay area, attributes the return of interest to the “spillover effect” from the strong take-up rate at the VIP preview of Robinson Suites...
Spottiswoode 18 is a luxury freehold condo located within the Tanjong Pagar precinct, which will gradually be transformed into a bustling seafront and entertainment hub. Two themed sky terraces on the 14th and 24th floor offer you a world of endless possibilities. From practising yoga to pampering your body and soul. Admiring the city skyline to an evening stroll in the company of lush greenery. Catching...
A jump of interest in high-end luxury homes pushed prices in the segment, which has underperformed the rest of the market over the last two years, to a fresh all-time high in Q4 2010. In the rest of the market, prices of private homes as well as HDB resale flats grew more slowly in the fourth quarter compared to the first three quarters of last year. Flash estimates released by the Urban Redevelopment...
2010 has been an impressive year for the landed housing segment, with prices rising 23 per cent in the first three quarters, including a 7.7-per-cent increase in the third quarter from the second. Amid the outstanding overall results, the superlative in the landed housing segment - good-class bungalows (GCBs) - continued to shine. GCBs are essentially detached homes sitting on at least 1,400 sq m of land,...