Scotts Square

Bulk purchases of Singapore luxury properties by individual foreigners on the rise

Bulk purchases of residential private properties in Singapore are on the rise. While most deals remain discreet, some are making the news in recent months. Earlier in June 2022, a Chinese national is said to have bought 20 units at CanningHill Piers, a condominium along the Singapore River, for more than S$85 million.. The purchaser, who is from the Chinese province of Fujian, is also rumoured to be...

Scotts Square

Scotts Square is the art of fine living. Located between the Grand Hyatt and Marriott hotels, Scotts Square comprises two residential towers with 338 international quality 1, 2, 3 bedroom apartments, and a stylish retail podium. Soaring 43 storeys, its contemporary architecture adorned with world renowned art pieces makes it one of the most prominent and distinguished homes in downtown...

Scotts Square hits $3,764 psf

The government’s announcement of an additional buyer’s stamp duty (ABSD) on top of the existing 3% appears to be mainly targeted at foreign buyers, notes UOB Kay Hian in a report. “The move will act as a strong deterrent for foreign buyers as their transaction costs would increase by 10% overnight,” says Vikrant Pandey, analyst at UOB KayHian. The high-end market will be the most impacted as...

Unit at Scotts Square fetches $4,626 psf

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...

Scotts Square snags Hermes as maiden tenant

Developer Wheelock Properties has secured Hermes as the maiden tenant for its Scotts Square retail podium which is slated to open by Christmas next year. Hermes will occupy a 3,000 sq ft ground-floor corner unit. This will be Hermes' fourth outlet in Singapore - after Liat Towers, Takashimaya Department Store, and The Shoppes at Marina Bay Sands. The Liat Towers store will remain open even after Hermes...

Scotts Square @ Scotts Road

Scotts Square is the art of fine living. Located between the Grand Hyatt and Marriott hotels, Scotts Square comprises two residential towers with 338 international quality 1, 2, 3 bedroom apartments, and a stylish retail podium. Soaring 43 storeys, its contemporary architecture adorned with world renowned art pieces makes it one of the most prominent and distinguished homes in downtown Orchard...

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