Many luxury condominium units in Singapore are still vacant even after completion, as the luxury home market remains quiet in the previous years. According to new data released by property consultancy firm CB Richard Ellis (CBRE), 12 condo projects have been completed this year, each with over 10 units yet to find a buyer as of last month. Out of the 12 projects, 10 are located in the prime areas, with a...
singapore luxury homes
D'Leedon is a short walk to the upcoming Farrer Road MRT station. Nearby recreational facilities includes the Singapore Botanic Garden and Bougainvillea Park. Residents can get their necessities at the Empress Road Market and Food Centre or at the shopping centres close by. There is a string of shops, restaurants, and eating establishments at Holland Village, which is in close proximity. Getting to the...
THE much-anticipated project (D'Leedon) to be built on the former Farrer Court site is expected to be previewed later this month after almost two years of delay. The 99-year leasehold project, consisting of seven 36-storey towers and located on a 838,488 sq ft site, will include one- to four-bedroom apartments, penthouses and 12 strata villas. The expected average price across the project will be in the...
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...