Holland Village homes, and by extension throughout District 10, have lost some of their renowned charm among expats, somehow they chose to live in area of districts 1, 2, 4, 8 and 13, according to JLL data.
Expatriates used to prefer the area of Holland Village by which supplies and amenities from back home were readily available. Holland Village was also the place to meet other expatriates living in Singapore, JLL's Head of Residential Leasing, Juliann Teo noted.
Since necessities can be ordered and most of friends can be reached online nowadays, expatriates need not be confined to the area in which they live in.
JLL data demonstrated that leasing demand of expat for District 10 homes increased by 110% during 2006 to 2015, a far cry from the steep rental volume increase found in some other Districts.
JLL data demonstrated that leasing demand of expat for District 10 homes increased by 110% during 2006 to 2015, a far cry from the steep rental volume increase found in some other Districts. Demand of leasing in District 10 was also virtually inactive during 2008 to 2011, while the area of districts 1, district 8 and district 13 saw volume of rental nearly double.
District 1 leasing volume, which cover the area of Boat Quay, Cecil Street, Havelock Road, Chinatown, Suntec City, Marina Square and Raffles Place, climbed by 751% from year 2006 to 2015. District 2 leasing volume, which cover Shenton Way, Anson Road, Neil Road and Tanjong Pagar, soared by 652% during the same period.
Some of Singapore Properties that located in prime District 1 includes Marina One Residences and Crown @ Robinson.
Written by Siang Teck of Property Review. I can be contacted at [email protected]
