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Changing tides of foreign buying

Changing tides of foreign buying

IN RECENT months, foreigners’ purchases of luxury condo units in Singapore, including penthouses, have made headlines in an otherwise subdued market. Yet, current foreign buying levels – in the year to date – are low compared with their peak years of 2007 and 2011, and have been since cooling measures were rolled out at the […]

Midtown Bay, residential part of GuocoLand’s S$2.4b mixed-use project at Bugis, to launch on Oct 5

Midtown Bay, residential part of GuocoLand’s S$2.4b mixed-use project at Bugis, to launch on Oct 5

SINGAPORE — Property developer GuocoLand will be launching residential project Midtown Bay, in Beach Road near Bugis MRT station, on Saturday (Oct 5), with one-bedroom units starting from S$1.38 million. The 99-year leasehold project is the residential component of Guoco Midtown, a S$2.4 billion mixed use development that includes a 30-storey office building, shops and […]

Ip Man star hunts for Singapore luxury real estate

Ip Man star hunts for Singapore luxury real estate

SINGAPORE (EDGEPROP) – Action hero Donnie Yen and wife weren’t the only ones who headed to the city-state ahead of China’s Golden Week holiday – so did many fellow Hongkongers and mainland Chinese Hong Kong action-hero Donnie Yen, star of the Ip Man martial arts film series, was in Singapore last week. But it was not his […]

Sales Of Singapore High-End Apartments Reach 11-Year High

Sales Of Singapore High-End Apartments Reach 11-Year High

For the first eight months of this year, 68 condominium units in the city state were sold for at least $10 million each, the highest mark since the corresponding period in 2008. Sales of apartments in Singapore valued at $10 million have reached an 11-year high, buoyed by increased demand from Chinese millionaires looking for […]

Foreigners race for Singapore’s luxury properties

Foreigners race for Singapore’s luxury properties

In Q2, there were 139 transactions for property of more than $3,000 psf – a number that has not been seen since 2007. In July, Britain’s wealthiest man James Dyson snapped up a 21,108 sqft, three-floor super penthouse at Singapore’s Wallich Residence for a record $73.8m. Just two weeks later, Dyson–who invented the bagless vacuum cleaner–purchased a […]