Outside the prime districts of 9, 10 and 11, the East Coast area (Districts 15 and 16) has traditionally been a draw for expatriates. In the last two years, the area has proven to be especially popular with mainland Chinese and Indian nationals, says Wendy Tang, director of residential services at Knight Frank. “Those who are permanent residents tend to buy for their own occupation, while non-PRs are...
Costa Del Sol
After all these years, condominiums along Bayshore Road off the East Coast Park Expressway (ECP) in District 16 continue to be sought after by homebuyers and investors. “There is robust demand for properties in this area, the biggest draw being their proximity to East Coast beach and park,” says Huttons senior marketing associate Mervin Tan, who specialises in marketing the properties in the...
There was a flurry of transactions for condominiums in the neighbourhood of Bayshore Road and Upper East Coast Road, with at least half a dozen apartments changing hands in the week of June 26 to July 3, according to the URA Realis database of caveats lodged. Property agents say the heightened activity is partly due to the euphoria surrounding URA’s new home sales figures for June, which, at 1,825...