Singapore has an active and resilient real estate market, which is very different from other Asian cities.
Singapore’s economic growth rate continues to outpace other Asian cities.
Furthermore, Singapore’s limited land supply also contributes to the continued appreciation in value of desirable properties.
Most experts believe that Singapore real estate is the top choice for investment in Asia.
You can refer to the map from the Urban Redevelopment Authority (URA); most luxury apartments in Singapore are located in Districts 1-4, 6, 7, 9-11, and 15.
The Downtown Core in the Core Central Region (CCR), Sentosa Cove on Sentosa Island, and the East Coast in the Rest of Central Region (RCR) are all designated areas for luxury apartments in Singapore.
Locations of Luxury Apartments in Singapore
Here are the six most luxurious locations in Singapore that all investors should know about.
1) Marina Bay
As the core of Singapore’s urban transformation project, Marina Bay has developed into a leading financial center, a civic space, and a community playground for all.
Marina Bay is a bay located in the central region of Singapore, surrounded by four other planning areas: Downtown Core, Marina East, Marina South, and Straits View.
The area surrounding the bay itself, also known as Marina Bay, is a 360-hectare extension of the adjacent Central Business District.
It is also Singapore’s new downtown, built on reclaimed land.
2) Sentosa Island
Just 0.25 miles off the southern coast of Singapore’s main island lies Sentosa, a 5-square-kilometer island.
The island is mostly covered by secondary rainforest, which is home to many native flora and fauna. Sentosa also has a 3.2-kilometer stretch of sandy beaches, spanning Siloso, Palawan, and Tanjong.
Sentosa is a major destination in Singapore, with a plethora of attractions and activities to cater to different types of groups.
The island is known as a cultural heritage center, a nature park, and a leisure paradise for both tourists and Singaporeans.
As Singapore’s premier tourist destination, Sentosa Island resorts offer a variety of attractions, museums, and other facilities to provide a breathtaking experience for all.
3) Holland Village
Established in the early 20th century by Singapore’s Dutch community, Holland Village was formerly home to British army personnel and their families.
Plantations, colonial estates, and nurseries once dotted this neighborhood, and its European-influenced heritage can still be seen in its quaint shophouses and low-rise buildings.
Over the years, Holland Village has earned a reputation as a creative commune and an incubator for local artists, musicians, and entrepreneurs.
The main stretch of Holland Village along Lorong Mambong exudes a subtle European charm and is a treasure trove of alfresco cafes, restaurants, and popular lifestyle shops.
4) Orchard Road
Orchard Road’s beginnings can be traced back to the early 1830s when it was an unnamed road home to fruit orchards, nutmeg plantations, and pepper farms.
In 1958, local merchant C.K. Tang established Orchard Road’s first department store, TANGS.
Then known as the House of Tangs, the department store marked the first step in the Orchard Road district’s transformation into Singapore’s most beloved shopping precinct.
The bustling boulevard of Orchard Road is now a retail and dining paradise, with thousands of establishments offering the ultimate lifestyle experience for tourists and locals alike.
Commerce is key on Orchard Road, as the neighborhood is famous for its busy shopping malls.
5) Tanjong Pagar
No other neighborhood captures Singapore’s transformation from a fishing village to a major trading port and then to a modern metropolis quite like Tanjong Pagar.
Tanjong Pagar is a historic district located within Singapore’s Central Business District, spanning the Outram Planning Area and the Downtown Core of the Urban Redevelopment Authority’s urban planning areas.
Tanjong Pagar was once a coastal town, home to fishermen and agricultural plantations.
Today, the seaside wooden huts have been replaced by the skyscrapers that make up Singapore’s Central Business District.
6) East Coast
If you’re looking for an outdoor activity destination in Singapore, look no further than East Coast Park.
Locals and tourists flock here to enjoy a variety of sports, entertainment, and dining attractions.
Along the 15-kilometer stretch of beach, East Coast Park features expansive green landscapes, city views, heritage blocks, and of course, the sparkling Singapore Strait, making the wow factor here unparalleled.
Known for its proximity to open spaces, the relaxed lifestyle of the East Coast has never been more coveted.
Luxury Apartment Projects in Singapore
For those who come to Singapore to be part of its bustling business world, the appeal of living here is often just as strong.
Growth in the energy industry, biotechnology, and banking has brought professionals from all over the world here.
Singapore ranks high on the list of the best countries to live in. Naturally, residential properties in Singapore have become favored investment projects for both locals and foreigners.
Whether you want to buy a home for your own stay or plan to rent it out, condominium living is the best way to experience urban life in a cosmopolitan city like Singapore.
However, not all condominiums are created equal.
Today, we’ll take a look at the top luxury apartments available for sale in the sunny Lion City.
What is a Luxury Apartment?
Many people searching for “luxury apartments in Singapore” may not know what exactly constitutes a luxury apartment. In Singapore, a condominium is considered luxurious if it meets five criteria:
- The price of the apartment is over S$5 million
- The apartment is located in a prime district
- The apartment has the size of a large flat
- The apartment’s developer is reputable
- The apartment is designed by a renowned architect
Now that we understand these criteria, let’s look at the luxury apartments in Singapore that all property buyers should pay attention to.
Top Luxury Condominiums
Marina One Residences
Project Name: Marina One Residences
Developer: M+S Pte Ltd
Tenure: 99-year Leasehold
Address: 21 & 23 Marina Way
District: District 1 (Boat Quay, Marina Bay, Raffles Place)
Total Units: 1,012 Residential
Unit Types: 1 – 4 bedrooms
Total Floors: 2 residential towers of 34 storeys, 2 office towers of 30 storeys
Site Area: Approx. 26,244 sqm
TOP: Ready for immediate occupancy
Marina One Residences is situated in Singapore’s renowned world-class financial and business district, Marina Bay.
Famous landmarks such as Marina Bay Sands, Gardens by the Bay, and the Merlion Park are all gathered here.
Enjoy both the charming waterfront scenery and the high-end financial district, with all surrounding amenities readily available.
Marina One Residences is jointly developed by M+S Pte Ltd, a joint venture between Temasek Holdings and Khazana Nasional Berhad. It is hailed as a “significant collaboration project between the two nations” and an “iconic building in the new world financial district.”
Its great historical value has made Marina One Residences an iconic landmark in the core of Singapore’s financial center.
It was designed by the renowned German architect and authority on sustainable green architecture, Christoph Ingenhoven.
Marina One Residences is an integrated development project that combines luxury apartments, a retail mall, and Grade A office towers.
V On Shenton
Project Name: V On Shenton
Developer: UIC Investments
Tenure: 99-year Leasehold
Address: 5 Shenton Way
District: District 1 (Boat Quay, Marina Bay, Raffles Place)
Total Units: 510 Residential
Unit Types: Studio, 1 – 4 bedrooms
Total Floors: 1 tower of 23 storeys, 1 tower of 54 storeys
Site Area: Approx. 6,778.06 sqm
TOP: Ready for immediate occupancy
V On Shenton is located in the heart of the new Marina Bay financial and business district, Singapore’s Wall Street, offering an exceptional city skyline view.
It is a remarkable creation jointly designed by the internationally renowned UNStudio and Singapore’s acclaimed Architects61.
The former UIC Building has stood as Singapore’s tallest building since its completion in 1973 and has become one of the most important towers on Shenton Way.
Recently, the area has undergone a revival and transformation, and the new UIC building, V On Shenton, is part of this redevelopment, making the complex unique within the district.
The two soaring towers take a twin-tower architectural form. V On Shenton’s twin towers consist of a 23-storey office building and a 54-storey residential building, with their massing reflecting their dual purpose.
With its dazzling architectural facade and original design, the new city landmark V On Shenton stands proudly over the entire Central Business District, showcasing a distinct edge.
In addition to office and residential use, the tower also features sky gardens that offer 360-degree panoramic views of Singapore and are equipped with various facilities. These spaces can be used for shared public activities or for residents to entertain guests.
The most diverse three sky gardens cover the entire 8th floor of the building.
In the two sky lobbies at the center of the residential tower, residents can enjoy greater privacy while admiring the city or sea views from the 24th and 34th floors.
One Shenton
Project Name: One Shenton
Developer: City Developments Limited (CDL)
Tenure: 99-year Leasehold
Address: 1 Shenton Way
District: District 1 (Boat Quay, Marina Bay, Raffles Place)
Total Units: 341 Residential
Unit Types: 1 – 5 bedrooms
Total Floors: 1 tower of 50 storeys, 1 tower of 43 storeys
Site Area: Approx. 3,875.4 sqm
TOP: Ready for immediate occupancy
One Shenton is located in Singapore’s District 1, situated between the Central Business District and the Marina Bay Financial Centre.
It is just a few minutes’ walk to Raffles Place MRT Station, Downtown MRT Station, and the upcoming Shenton Way MRT Station, making transportation extremely convenient.
In addition, One Shenton is close to shopping centers like Marina Bay Sands Integrated Resort, Raffles City, and Suntec City, providing easy access to exciting dining, shopping, and entertainment services.
Designed by world-renowned architect Carlos Ott, the two main towers (50 and 43 storeys respectively) present an innovative asymmetrical aesthetic, making it a timeless classic.
On an elegant podium, the two exquisite towers rise tall and straight into the sky.
The tops of the towers are adorned with magnificent glass and metal sculptures, which look like splendid sculptural works from afar, full of artistic and contemporary sense, adding another highlight to the city skyline.
Conclusion
Despite the coronavirus pandemic, Singapore’s property market continues to perform well, with private residential prices across Singapore rising by 10.6% for the full year of 2021.
If you wish to discover your dream home among these luxury Singapore apartments or have any questions about them, feel free to contact me, and I will be happy to assist you.
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