Knight Frank, the independent global property consultancy, releases its 2017 round-up and 2018 outlook on 10 markets across Asia Pacific. According to Alice Tan, Head of Consultancy & Research, Knight Frank Singapore, on residential, the collective sales fever has gained rapid traction in Singapore since May 2017, with a total of 25 collective sale deals achieving a total of over S$7.9 billion in sales value. The property developersâ hunger to replenish their land bank amid the record low unsold inventory this year of below 17,500 units for the past two quarters, has further contributed to the wave of investment sales at higher than expected prices.
The prospect of a continuing price recovery of private residential properties in Singapore, fueled by high land bid prices, could gradually erase the past price decline of 11 per cent over four years that the government has tried to achieve. We foresee that the price increase of private homes could range between 3% to 7%, year-on-year by Q4 2018.
Key luxury apartments for sale
Some offer enviable sea-front views while others provide private car porch at every level – these are some stunning attributes associated with the five luxury apartments. LUXUO checks out the features and amenities…
Reflections at Keppel Bay, Singapore
Reflections at Keppel Bay is a spectacular ensemble of six curved glass towers, with a total of 1,129 luxury homes along a 492 ft. shoreline and comprising of 24 and 41 storeys and 11 low-rise villa apartment blocks between six and eight storey high. The penthouses range in size from 3,600 sq ft to 13,300 sq ft and one of the primary features is a functional layout to optimise the views of the seafront and lush landscape. The spacious and versatile lounge allows the homeowner to pursue lifestyle options, such as crafting a private art gallery to house collectibles, showcase favourite art collection or turn the space into a home entertainment theatre. Another main highlight is the living area fitted with floor-to-ceiling glass walls to bring in views of the Sentosa Island, Resorts World Sentosa, Mount Faber, Keppel Club Golf Course and Marina at Keppel Bay.
Goodwood Residences, Bukit Timah
Conceptualised by award-winning consultants, WOHA Architects & ICN Design International, this 4-bedroom spanning across 2,508 sq ft offers a lush view of Goodwood Hill, including discreet luxury, total privacy and modern conveniences to homeowners. The high-ceiling, impeccable decor and modern facilities are a few of the distinct features at Goodwood Residence.
The Oceanfront Condominium, Sentosa Cove
This penthouse has a beautiful seafront view as well as a scenic view overlooking the marina on one side and the coastline, Southern islands and sea on the other. Designed by an award-winning architectural firm, Wimberly Allison Tong & Goo Inc., the 5,984 sq ft residence duplex offers a private sanctuary for homeowners and is a few minutes walk away from the Resorts World Sentosa, Sentosa Golf Club, the restaurants of Quayside Isle and the CBD district. The Oceanfront consists of a private lift lobby, a living room, master bedroom suite, three bedrooms withÂ ensuites, a study room, maid’s room and dry kitchen on the first level. Other amenities include BBQ pit, alfresco deck by the pool and infinity lap pool.
Reignwood Hamilton Scotts
Developed by Sardinia Properties, the Reignwood Hamilton Scotts on 37 Scotts Road, D09 feature a total of 56 freehold units. Situated just a stone’s throw away from the glitz and glamour of Orchard Road, the luxurious residence offers from 3-bedroom apartments to penthouses, ranging from sizes of 2,756 sq ft to 6,975 sq ft. The iconic Reignwood Hamilton Scotts residence has been awarded the best residential high-rise development by the International Property Awards. Facilities include en-suites with elevated sky garages and your very own car porch, overlooking the spectacular view of the lush greens at the conserved Goodwood Hills.
Starlight Suites on 1 River Valley Close
The freehold 35-storey high rise apartment located at 11 River Valley Close has a sleek and modern contemporary design, which is a close proximity to the future Great World City MRT station, and a stone’s throw away from the heart of the city, Orchard Road. Developed by Meadows Property, Singapore, the residence is surrounded by an array of exquisite dinning choices and titillating nightlife. A total of 105 units consist of one to 4-bedroom apartments and penthouses, ranging from 560 sq ft to 3,401 sq ft.