5 luxury residential areas in Singapore you need to know
Singapore’s luxury residential market is different from other major cities in Asia such as Manila, Jakarta, Bangkok and Hong Kong. The Lion City has an active public housing market, and private housing in mass residential and luxury sectors is also robust. Hence, some of the top HDBs, as public housing is known, are priced as much as the private housing in the same area.
Continuing our series on top luxury places to stay in regional cities, we take a look at Singapore and the top five areas to live in.
Holland Village
Approximate luxury apartment price: S$30 to S$45 million (HK$179 to HK$268 million)
Orchard Road
Approximate luxury apartment price: S$30 million and up
According to local media reports last year in August a 10,300 sq ft penthouse at the Sculptura Ardmore condominium, located in the Core Central Region, sold for an estimated S$60 million – a record for luxury apartments.
Marina Bay
Approximate luxury apartment price: S$40 million and up
Conceived as one of the largest public landscaped areas in Marina Bay, the luxury development has a huge green space called GreenHeart, which creates a multifunctional area for public use. There are more than 160,000 trees and plants comprised of 350 species.
Sentosa Island
Aproximate luxury apartment price: S$25 million and up
For those on a smaller budget, there are apartments with sea views. Expats with deep pockets prefer to buy property on this island resort although they have to pay a 15 per cent tax in addition to the 3 per cent that Singaporeans pay.
Tanjong Pagar
Approximate luxury apartment price: S$20 million
Among the plush properties under construction is one called Wallich Residence, a three-storey penthouse atop the 950-foot-tall (290-metre-tall) Tanjong Pagar Centre on the edge of the financial district. This development is built by Guoco Land and marketed by Sotheby’s. The 21,000 sq ft, five-bedroom home includes plans for a rooftop pool overlooking the Singapore Strait and hi-tech entertainment spaces, all for an advertised price of S$108 million. It’s scheduled to be completed this year.
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Check out homes in Holland Village, Orchard Road, Marina Bay, Sentosa Island and Tanjong Pagar