Prices at the 646-unit Icon on Gopeng Street reached a new high of $2,515 psf on Oct 15, when a 1,119 sq ft penthouse on the 46th floor was sold for $2.8 million. This breaks the previous record of $2,457 psf in November 2007, when another similar-sized unit on the same floor went for $2.75 million. The new high set at the four-year-old, 46-storey condominium was for a prime unit sold by developer Far...
Luxury Property
A handful of private homes nearing completion in the prime Orchard Road area have been re-sold at a loss. A Savills analysis of caveats captured by the Urban Redevelopment Authority showed that nine units bought in 2007 were sold in 2010 at a loss in the sub-sale market. But the bulk of homes bought from 2006 to 2009 - 78 out of 87 - were sold for a profit. The sellers who lost money sold units in...
Good-class bungalow (GCB) owners are cashing in on escalating property prices. A CB Richard Ellis (CBRE) analysis of Urban Redevelopment Authority (URA) Realis caveats shows that GCBs are netting bumper profits for owners who have seen average per sq ft (psf) prices rise almost 30 per cent over the past year. Some have taken to buying and selling their GCBs within a period of less than two years. At...
A global city is no flight of fancy. You are showered with World-class Prestige. Right here. Surrounded by the magnificence and the lure of urban rapture. Running in the same vein as Milan and New York, Orchard has it all - it is here, at home in the one coveted address that you encounter the four corners of the world. Be surprised by the elaborate luxury that life has to offer. Unload your daily baggage...
Located next to the prestigious Leedon Park Good Class Bungalow area, the 48,525 square metre site will be developed into one of the largest freehold residential developments in prime District 10. The vibrant shopping, dining and lifestyle locales of Holland Village, Dempsey Hill and Orchard Road are easily accessible while the Singapore Botanic Gardens is just a stone’s throw away. Reputable educational...
The last 30 units at CityVista Residences has been sold for about $147 million. The buyer is said to be a property fund managed by Alpha Investment Partners - a unit of Keppel Land. The 20-storey freehold project of 70 units in the Cairnhill area received Temporary Occupation Permit (TOP) recently. The transaction involves 28 apartments (three and four-bedroom) and two penthouses. The price for the...
Located right at the fringe of the city, Spottiswoode Residences, is within close proximity to the Central Business District and two Integrated Resorts, where a myriad of amenities and entertainment can be found. Set in the serene and tranquil of Spottiswoode Park, it certainly appeal to all with its contemporary architecture design and panoramic views of both the city skyline and sublime sea. Comprising...
SC Global have sold a penthouse at The Boulevard Residence recently for $30 million or $4,242 per square foot. This is the highest transaction in absolute price quantum in the development. In unit price terms, too, the $4,242 psf achieved for the most recent transaction is the highest at The Boulevard Residence, surpassing the $3,933 psf that a three-bedroom standard apartment of 2,034 sq ft sold for...
Location: 38 Trevose Crescent (District 11) -- map Tenure: Freehold Year of Completion: 2015 Site Area: approx 178,995 sqft Total Units: 150 Unit Types: 1+1 ~ 689 to 904 sqft 2 bedroom ~ 1,044 to 1,453 sqft 3 bedroom ~ 1,475 to 1,981 sqft 3+1 ~ 1,744 to 2,077 sqft 4 bedroom ~ 1,959 to 2,508 sqft 4 bedroom penthouse ~ 2,669 to 3,165 sqft 5 bedroom penthouse ~ 3,541 to 3,563 sqft Facilities: Guard House,...
A home at Sage places you in the heart of one of the most prestigious precincts in town. While the myriad enticements and conveniences of the city may only be a short drive away, you'll just feel as if you're in your own personal oasis, one surrounded by verdant expanses of greenery, and graced with an atmosphere that calms and soothes in an extraordinary fashion. Location: Nassim Road (District 10)...