Luxury Homes

SC Global Developments and New World Development to debut Cuscaden Reserve

Singapore’s leading developer of luxury residences SC Global Developments Pte Ltd and two Hong Kong-listed developers and hotel operators, New World Development and Far East Consortium, today unveiled the name and concept of its soon-to-debut Cuscaden Reserve, a prestigious project in the heart of Orchard Road. The 192-unit Cuscaden Reserve at 8 Cuscaden Road is a rare collaboration between developers...

Boulevard 88 sees 80% sales for released units in two weeks of private previews

City Developments Limited (CDL) and its joint venture partners, Hong Leong Holdings Limited and Lea Investments Pte Ltd, started exclusive private previews of Boulevard 88 which are by appointments only. The ultra-high-end Boulevard 88 is the only brand new freehold residential development along Orchard Boulevard in prime district 10. Directly accessible through Orchard Boulevard and Cuscaden...

Asia Pacific’s luxury property market cooling off

Average capital values of eight luxury residential markets in the Asia Pacific region rose by only 0.2 percent in the fourth quarter, according to the latest Asia Pacific Residential Index released by Jones Lang LaSalle (JLL). The property consultancy said Bangkok, Beijing, Mumbai and Jakarta recorded an increase in capital values during the period. Prices remained stable in Singapore and Kuala Lumpur...

Luxury properties a long term investment worth making

Top-end real estate investments are expected to be a good bet in the current global economic environment, according to luxury property developer Nick Candy. “Shrewd investors with access to capital” are increasingly seeing luxury property developments as “a long-term commitment worth making,” he said. His company, Candy & Candy, developed One Hyde Park in central London, considered one of the...

Asia’s luxury residential capital values down 0.2% in Q3

Average capital values across luxury residential markets in Asia dropped 0.2 percent in the third quarter of this year, according to the latest Residential Index from Jones Lang LaSalle (JLL). JLL added that price growth has steadily slowed from the 7.4 percent quarter-on-quarter rise recorded in Q3 2009. In Q3 2011, sales activity cooled further, with fewer launches and sales recorded in most markets...

Asia’s luxury home prices to remain stable in 2011

Luxury residential prices in Asia will likely remain stable or see slower growth this year. According to the latest Residential Index from Jones Lang LaSalle (JLL), average capital values climbed 1.8 percent quarter-on-quarter in Q1 this year, across monitored luxury residential markets in Asia, similar to the previous quarter. However, price growth has moderated steadily from the 7.4 percent...

The Sail @ Marina Bay hits $2,800 psf

The completion of the upcoming Marina Bay Sands integrated resort next year and the VIP private preview of the 221-unit Marina Bay Suites have put the spotlight back on The Sail @ Marina Bay. Sales activity at the 1,111 unit The Sail has picked up pace in recent weeks. Nine transactions were done in the first week of November alone — versus 10 deals achieved for all of October. Prices achieved in the...

Botanika

BOTANIKA is a freehold, 34-unit exclusive boutique residential development designed by the multi-award-winning SCDA Architects. Nestled in nature’s greenery next to the Singapore Botanic Gardens and just minutes from the best shopping in the heart of the city. Nestled in a lush parcel of land next to the Singapore Botanic Gardens, at the junction of Holland Road and Taman Nakhoda, Botanika is an...

No rush to the high-end??

Mass market take-up rate still good despite slowdown in luxury sector There are still signs of life in the mass housing market, despite signs that the luxury sector is flattening out, according to the head of Singapore’s biggest developer. “The outlook for Singapore residential prices will probably be very flat,” saidMr Liew Mun Leong, chief executive of CapitaLand. “The mass market take-up rate...

Developer collaborates with Starck for luxury residential project

Luxury-end private residences in Singapore are facing price pressures, and one developer hopes to get around that by having a famous brand-name designer work on its project. Heeton Realty - a joint venture between Singapore developer Heeton Holdings and JP Morgan - is counting on the collaboration with a company co-founded by well-known French designer, Philippe Starck, to draw in the buyers. It is...

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