SC Global’s development is conferred ‘Best Housing Project’ at The World Architecture Festival, the world’s biggest architecture award SC Global Developments' loft inspired development Martin No.38 was awarded “Best Housing Project (Completed Developments)” last Friday evening at the prestigious ‘World Architecture Festival’ held at Marina Bay Sands, in Singapore. Now in its fifth year,...
singapore luxury homes
Sales of bungalows at Sentosa Cove have picked up significantly in recent weeks, rebounding from the effects of the additional buyer’s stamp duty (ABSD), reported The Business Times. Owners of around 12 bungalows issued options to potential buyers in the past two months, with interest coming mostly from foreigners, especially China nationals. For instance, two homes on Pearl Island were reportedly sold...
Singaporean buyers of luxury homes so far this year have surpassed the total number of similar transactions recorded for the entire 2011, according to The Business Times. A report by DTZ revealed that 46 luxury homes were acquired by Singaporeans year-to-date, exceeding only 40 units last year. The growth was mainly credited to robust numbers in Q2, wherein 31 high-end homes were sold to Singaporeans,...
Developers with luxury residential projects seem to be delaying the launches and, in some cases, completions as they await the anticipated uptick in the high-end segment, according to a report in Straits Times. While homes in suburban areas are selling well at record high prices, sales volumes in the luxury sector is anaemic and prices are languishing over the past year. In a report by property...
NOUVEL 18 a Singapore coveted and premier address that signifies prestige like no other is another exclusive development brought proudly 2 Singapore leading developers – City Developments Limited and Wingtai Asia into the prime district 10 for the creme de la creme of society. Enveloped within the serenity of nature, life is absolutely beautiful with rustling leaves orchestrating the sound track of your...
UP@Robertson Quay is set to define a new standard of riverside living in the city. It is the ideal setting for your intimate but purposeful life space. Where you have the privilege of choosing the layout that fits the lifestyle you want – to live, work and play. 70 luxurious apartments located in prestigious District 9 with selected units featuring up to 7.2m floor-to-floor heights, private timber pool...
Newton Imperial, a 19-storey development located in the heart of Newton Road, is within close proximity to Newton MRT, whilst also a short drive to Orchard Road, the Central Business District and public amenities, including good local and international schools. Residents may also choose to take a pleasant stroll down to Novena Square for some fringe shopping, while supermarkets are ample and conveniently...
Sentosa Cove failed to deliver good home sales numbers on the back of a general slowdown in the luxury property sector. According to consultants, the changing trend is due to attractive deals being offered in other areas, a lack of new launches on Sentosa and foreign buyers being deterred by the additional buyer’s stamp duty (ABSD). Alan Cheong, Research Head of Savills Singapore, noted that since the...
V on Shenton, a brand new development located at FiVe Shenton Way - an address with a glorious legacy. This new project is being built on the former UIC Building site which once dominated the city skyline as Singapore’s tallest building for many years since its completion in 1973. V on Shenton is within walking distance to the various amenities such as Tanjong Pagar and Raffles Place MRT stations,...
Sluggish demand for high-end homes has lowered developers’ profits of late. If this trend continues, the luxury market could eventually hit rock-bottom in the days to come. With prices of luxury homes expected to fall by 15 percent this year, foreign demand is expected to dry up due to tightening measures and economic uncertainties. Early on, property developers are feeling the pinch over this...