Singapore Luxury Market

11/03/2019

$5m only for a Freehold 4-bedroom in Core Central District 9, mins walk to Orchard Ion? Really? Absolutely!

Size: 2200 sqft served by a Pte Lift
Price: $2300psf @ $5M Only.
Full Facilities
20-30% cheaper than surrounding developments
Price at all time low

PM me to find out which project!

23/11/2018

$3,864 psf transacted for a 99 years leasehold luxury property. Sounds crazy? Not quite.

“Some buyers prefer newer developments, despite the smaller unit sizes,” says Samuel Eyo, managing director of Lighthouse Property Consultants

23/11/2018

Based on URA data, we found that Singaporeans made up about 48% of buyers of new luxury properties within the prime districts this year.

Singaporeans made up nearly half of luxury condo buyers this year, while foreign investors lead property transactions above $5 million

13/11/2018

Four months after property cooling measures were implemented, demand for luxury condominiums has stayed resilient, going by the high psf prices that they have commanded.

“Some buyers prefer newer developments, despite the smaller unit sizes,” says Samuel Eyo, managing director of Lighthouse Property Consultants

26/08/2018

Hong Kong prime properties have hit $20,000 SGD PSF and will continue to do so. In contrast, Prices of Singapore properties have much more room to go up. What will fuel the price? Main factor will be population growth which include influx of PR and foreigners.

26/08/2018

Price per square foot in SGD is $22,107! If you think Singapore prime properties are expensive, you have seen nothing yet.

A luxury home in Hong Kong’s exclusive Peak neighborhood sold for HK$1.16 billion ($200 million, US$149 million), Wheelock Properties Ltd. said. The four-bedroom, 9,178 sq ft (853 sq m) house boasts a swimming pool, elevator, garden and unobstructed views of Hong Kong and Victoria Harbour. The pri...

22/07/2018

How is Singapore property market after the new cooling measures that is being implemented.

1 The Majority home buyers are not subjected to ABSD, as over 60% of the home buyers between 2013-2016 are not subjected to ABSD.

2.Many foreign investors are known to be high networth, the increase of ABSD is unlikely to cause these deep-pocketed investors to budge.

3.Developers are likely to delay the launches as they re-strategise after the new cooling measures implemented. While the developers may takes a longer time to sell, but very unlikely they will reduce prices, as they have already committed the land cost when they bought the land.

4.Base on research, while the numbers of home supply could rise sharply beyond 2022, it does not appear excessive if spread over a longer term.

5.Economic outlook remains positive, property prices are expected to stay resilient in spite of the latest policy measures.

Cooling measures expected to create short-term volatility but long-term impact should be minimal

11/07/2018

Contact us for good buys in the commerical and shophouse sector.

The ABSD rates were adjusted to maintain a stable and sustainable property market

11/07/2018

The luxury market remains hot as demand far outweighs supply.

Two units at luxury condominium Boulevard Vue were sold in May and June at prices above $4,000 psf. The latest transaction was the sale of a 4,478 sq ft, four-bedroom unit on the 24th floor that fetched $18.27 million ($4,080 psf), according to a caveat lodged on June 25. The other unit — on the 25th floor — was sold on May 7 for $18.18 million ($4,060 psf).

Units at Boulevard Vue are exclusive and can command such prices because the prime districts have a limited supply of luxury, freehold units of more than 3,000 sq ft: Jason Tan, executive director, JTResi

26/06/2018

The string of en bloc sales in the traditional prime Districts 9, 10 and 11 since the start of the year has driven land prices to record levels of up to $2,910 psf per plot ratio (ppr). That means selling prices of new launches are likely to touch $4,000 psf, according to property consultants.

Wallich Residence, which sits on top of Guoco Tower in Tanjong Pagar Centre, has hit a new high. Meanwhile, The Sail at Marina Bay still proves a popular project for investors.