A record price has been set on Sentosa Cove. This time a prime seafronting bungalow along Ocean Drive on a 7,690 sq ft plot area has been sold for $2,536 per square foot (psf) on land area. This exceeded the earlier record of $2,403 psf posted just in May this year for a bungalow on Paradise Island which has a bigger land area of about 14,983 sq ft reflecting in a much higher price of $36 million. The...
Luxury Property
Suites at Orchard is located at Handy Road near to Selegie Road and Orchard Road. It is situated next to Cathy Orchard and Plaza Singapura Shopping Mall. Amenities are aplenty around 8 @ Mount Sophia. Supermarket, fashion boutiques, cafes, banks, clinics, salons and other essentials are just around the corner. Schools including the Singapore Management University, School of the Arts & LASELLE-SIA...
Bulk deals involving high-end apartments are gathering speed again. Some funds which invested in Singapore's upmarket residential market are taking advantage of a price recovery in this segment to exit their investments. A German core fund managed by Morgan Stanley is understood to have sold 23 apartments it owned in the Draycott Eight condo for slightly over $157 million or about $2,300 per square foot...
With inner-city living becoming increasingly popular, homebuyers and investors will have wider options as more old office buildings are torn down and redeveloped into high-rise residential towers. The 43-storey, 312-unit The Clift developed by Far East Organization (FEO) is expected to be completed next January. Located in the heart of the CBD on McCallum Street, the project is across the road from the...
Killiney 118 is a boutique development located along the heart of Singapore’s main shopping belt. Despite being one of the smallest freehold development in Singapore with only 30 units spread over 6 floors, Killiney 118 appeal lies in its exceptional location; a home that is conveniently located at the edge of the town, yet tucked away from the bustling town in stylish setting. Located next to Orchard...
Prices of high-end projects have not peaked and are still reasonable THE new measures aimed at cooling the market are not likely to affect high-end homes, according to Wing Tai Holdings deputy chairman Edmund Cheng. He said yesterday: 'Looking at today's prices, the high-end market and prices of very luxurious projects have not reached the last peak yet.' He also believes there will be both locally and...
In attempting to describe the top category of residential real estate in Singapore, we often find ourselves struggling with adjectives. Before the Urban Redevelopment Authority came up with the term CCR (Core Central Region), we used to say "9, 10 and 11" in reference to the prime residential postal codes. However, since the frenzy of the 2007 property boom, new terms have cropped up, such as super prime,...
Outlook still favourable but mass market properties more popular BUYERS are still showing relatively muted interest in the most luxurious homes in the city centre, the latest set of new home sales data shows. But they are making a beeline for very popular mass market homes, followed by mid-tier units, the figures show. Property experts say the outlook for the luxury sector remains favourable, though...
$13.6 million sale price is well below estimated valuation of $17 million A LUXURY bungalow in Sentosa Cove with a grim past has been sold for $13.6 million - a bargain price, well below its valuation. A caveat has just been lodged for the sale of the three-storey bungalow in Ocean Drive where Chinese national Li Hong Yan's naked body was found floating in a pool in March. The 8,051 sq ft property was...
The Verv is located at the fringe of the city, River Valley, is touted to be the up-and-coming shining beacon in the myriad of private apartments and condomiuniums. It is targeted at the high-end residential market with winning attributes like the lap pool and the outdoor gymnasium astutely positioned on the second storey of the apartment. Each floor consists of 2 units, each with their own private lift....