Market Watch

A rare penthouse at the top of Cluny Park Residence with a vista of the Botanic Gardens has been transformed into a stylish abode. This exquisite, 1,690 sq ft corner unit penthouse comes with three bedrooms, two bathrooms and three balconies. A fourth bedroom, connected to a third bathroom, serves as the maid’s quarters. A sense of exclusivity begins from the basement carpark, where a private lift takes the owner to his home. Upon entering the east-facing apartment, one gets the feeling of luxury and space. The 7-metre high ceiling height of the living room with wrap around glass of 4...

What was once a seven-storey block on 1 Draycott Park would be transformed into a style icon in luxury residences. Come 2022, this will be a sparkling new development in the most prestigious of the Ardmore Park/ Claymore neighbourhood. Malaysian property developer Selangor Dredging Berhad (SDB) known for its niche luxury developments and innovative designs bought the land in 2017 with a vision in mind – a home for the modern minimalist. Within the quiet residential enclave of Singapore’s most sought-after address, One Draycott is a luxury freehold development that offers the perfect...

The property market continues to see new launches into 2020. Towards the end of 2019, the newly completed EDEN by Swire Properties was open for preview. With only 20 exclusive units, the development was highly anticipated being Swire Properties’ first project in Singapore. Each apartment is priced from $18 mil onwards. Shortly into January 2020, ultra-luxury project The Avenir at River Valley Close was also opened for preview. Prices of four-bedroom and bigger units are priced from $3,030 psf. Another freehold luxury project which will be launching soon is Van Holland with prices...

It’s often said that you only get one chance to make a first impression. Thankfully, there are many ways to impress when it comes to designing a compelling entryway. The first thing visitors see when they step inside your home, an inviting entry can set the tone for the rest of your décor and establish your aesthetic at a glance. Let these six elegant properties inspire your own grand entrance and make that first impression one worth capturing for posterity. Contemporary Elegance in North Carolina Wilmington, North Carolina |  Nick Phillips ,  Landmark Sotheby’s International Real...

Many savvy and doting parents are buying properties in trust for their children and this is no longer only for the ultra high net worth parents. The intention of buying a property in trust is not to escape paying the Additional Buyer’s Stamp Duties (ABSD) but for the purposes of providing for their children and legacy planning. These children are usually below the age of 21 years and therefore do not have the legal capacity to own a property or enter into a contract to purchase a property. These parents would purchase the property in trust for their children and they would be the trustee or...

In locales from East Coast to West—with Texas and the Southwest in between—these kitchens encourage people to gather with their fluid floor plans, eye-catching surfaces, and singular blend of style, comfort, and functionality. Traditional Charm in Pacific Palisades Barbara Boyle, Sotheby’s International Realty – Pacific Palisades Brokerage Bringing to mind an East Coast classicism, this new five-bedroom home enjoys a prime location in the exclusive Riviera neighborhood of Pacific Palisades and encourages festive entertaining at every turn. In addition to formal living and dinin...

The private property market has been holding up in 2019 barring high supply of stock. Prices of private residential properties staged a remarkable turnaround in the second quarter of 2019, rising 1.5 per cent q-o-q to hit a five-year high. It continued through the third quarter, with a 1.3 per cent q-o-q rise. 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 as well as Government Land Sales, both Residential and Commercial-Residential. Good Cl...

According to the Draft Master Plan 2019, the West Region of Singapore will remain as the country’s largest manufacturing hub. Three new employment areas in this location will provide exciting opportunities for the labour force: Jurong Lake District (JLD), Jurong Innovation District (JID) and Tuas Port. Envisioned as the second Central Business District (CBD) of Singapore, JLD will be the largest mixed use business district in the suburbs, spanning across 360 hectares of land. By 2035, JLD will be served by four mass rapid transit (MRT) lines to give residents, workers and visitors acce...

The number of people using the internet has been growing over the years. In today’s increasingly connected world, businesses are rapidly changing to meet the demands to the new consumer. Spurred by an ever-changing digital landscape and new consumption patterns, List Sotheby’s International Realty (List SIR) has launched a new regional aggregator site – www.lsirglobal.com would bring hundreds of property listings from across six countries and territories under one roof. As part of the company’s on-going strategy to develop new digital marketing platforms and prope...

INSIGHTS invited RSM Tax Pte Ltd to share the tax considerations to look out for in the purchase and ownership of property. Buying a residential property is a major decision. For most, it is a deliberated move that involves careful considerations predominantly in the areas of pricing and financing. However, with the increasing direct and indirect tax law changes, tax cost is also a growing concern for many potential buyers before they commit to purchase a property. It is therefore important that one is well informed of the tax implications that come with acquiring and holding properti...