Market Watch

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Residential Market Watch Q2 2021

Residential Market Watch Q2 2021

HOUSING: A SAFE HAVEN IN PANDEMIC TIMES Homebuyers undaunted by spike in infections Demand for private homes stayed on course in the midst of rising infections as it rode on the wave of the economic recovery in Q2 2021. Advanced estimates showed that the Singapore economy grew by 14.3% year-on-year, an improvement from the 1.3% growth in the previous quarter. While this strong growth was due to the low base in Q2 2020, it was premised on an expansion in the manufacturing sector and the information & communications, finance & insurance and professional services sect...

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Investor Interest Revving up Office Market

Investor Interest Revving up Office Market

COMMERCIAL MARKET WATCH H1 2021 Signs of Recovery in Office Market Singapore’s office market has experienced a sort of roller-coaster ride in the past 18 months due to the Covid-19 pandemic. At the end of 2020, most companies were assessing what the ‘new norm’ would look like post-Covid-19. For some companies, working from home was becoming a suitable model, for others, the traditional assembly of staff in the same physical location was still preferred. A movement of right-sizing began as companies, major banks in particular, looked to save costs by either giving up space that h...

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Ultra-Rich Eyed Luxury Homes Amidst Pandemic

Ultra-Rich Eyed Luxury Homes Amidst Pandemic

SINGAPORE LUXURY HOMES – H1 2021 Pandemic-led Boom in Luxury Market The sale of luxury homes is moving at a pace not seen since a decade or so ago. With 53 bungalow deals in the Good Class Bungalow (GCB) Areas in H1 2021, it has exceeded the 46 deals done in the whole of 2020. The  last record high was 67 bungalows sold in GCB Areas in H1 2010. That year – as the Singapore economy rode on the Asian recovery from the Global Financial Crisis – a total of 120 bungalows were sold. The bungalow market at Sentosa Cove also saw a lively momentum with 10 deals in H1...

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Why A Luxury Rental Might Be Your Next Great Real Estate Decision

Why A Luxury Rental Might Be Your Next Great Real Estate Decision

Depending on your lifestyle, the rental of a luxury home can fill a noticeable gap in your future planning. Whether you haven’t yet found the perfect home for purchase, or you’re dreaming of an extended staycation, renting can satisfy your current shelter needs—and save you a few of the commitments that come with full ownership. And who’s to say renting won’t bring you one step closer in your search for your next house? Here are some of the benefits luxury rentals can offer as you dovetail your plans with the unexpected. A Change of Scenery—Without the Commitment Provence-Alpes-...

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Did We Uncover The World’s Most Inspiring Dining Rooms? You Decide

Did We Uncover The World’s Most Inspiring Dining Rooms? You Decide

The dining room is an important hub in any home. It’s where families gather, where friends linger late into the evening after a dinner party, where holiday meals take place and school projects are constructed. The dining room is the space where eating, drinking, and communal living happen, and its décor should reflect both the comfort and significance of connection. These seven dining rooms range from eclectic and contemporary to classic and sophisticated, each serving as an inspirational space no matter the occasion. Find the room that speaks to you, and bask in the glow of this integral...

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The Biggest Deals In 2020

The Biggest Deals In 2020

The private property market has remained resilient amidst the COVID-19 pandemic. While sale transactions slowed during the 2-month circuit breaker when property viewing was prohibited, things turned around in Q3 2020 with sales volume gaining pace. The price index has also been edging upwards. As the year comes to a close, we look back to see some of the biggest real estate transactions in the categories of Good Class Bungalow, Sentosa Cove Bungalow, Luxury Apartment, Commercial Building, Strata Office Sale as well as Government Land Sales. Good Class Bungalow Given its rari...

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Glamorous Glass | 5 Homes with Stained-Glass Windows

Glamorous Glass | 5 Homes with Stained-Glass Windows

From New York to California, these homes feature stained-glass elements that transmit light and transform it into color, creating accents that are both visually striking and vibrant. A Piece of San Francisco History San Francisco, California |  Robin Dustan ,  Sotheby’s International Realty – San Francisco Brokerage One of five elegant row houses constructed by the well-known late-19th-century builder William Hinkel, this lovingly maintained seven-bedroom Victorian home retains its original character and charm while offering modern luxuries and comforts. A reverence fo...

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Australia In 2020

Australia In 2020

Australia is famous for its wide-open spaces, its beaches, and its vibrant array of flora and fauna, among many other things. With highly-urbanized and cultural landmarks like Perth, Sydney, and Melbourne, it’s hard to argue that between the natural beauty – and the manmade variety – Australia remains high on the list of sought-after destinations. With the help of our local area experts throughout the island continent, join us as we take a closer look at the land down under. Greater Australia Western Australia |  Graham Bowie ,  South Australia Sotheby’s In...

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High-End Hospitality: 5 Properties with Inviting Guesthouses

High-End Hospitality: 5 Properties with Inviting Guesthouses

One of the benefits of owning an estate is being able to offer guests their own truly private space. Whether in California’s wine country, on the banks of a Long Island lake, or on a historic street in Santa Fe, these welcoming guesthouses encourage visitors to relax in comfort and seclusion. Elegant Wine Country Escape Sonoma, California |  Carol Sebastiani ,  Sotheby’s International Realty – Wine Country – East Napa Street Brokerage Quiet, private, and consummately peaceful, this 2.88-acre estate is a quintessential wine country getaway featuring a three-bedroom main...

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The Global Resident | Relocation to New Zealand and French Polynesia

The Global Resident | Relocation to New Zealand and French Polynesia

As the landscape of the world continues to change every day, people are looking closely for investment opportunities. Placing their quality of life at the forefront of their decision making, some of these investments will inevitably mean relocation to a new home – and potentially even a new country. In this continuing series we’ll explore destinations around the world with benefits like residency and citizenship by investment programs, tax incentives, and more, as well as hear from local experts throughout the Sotheby’s International Realty® brand network along the way. New Zealand...

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