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Singapore’s status as a worldwide safe haven for wealth is firmly established with the start of a new era of ultra-prime property prices. The sale of the first home at the highly anticipated Aman-branded villas in The Skywaters integrated development has broken all prior records for price per square foot (psf).
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Renowned developers Mitsui Fudosan (Asia) and City Developments Limited (CDL) have united to commemorate a significant achievement with the unveiling of their upscale integrated project, Zyon Grand.
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Because it demonstrates the high demand for landed properties in Singapore’s most desirable residential neighborhoods, the sale of a two-story, freehold semi-detached home on Sime Road in the exclusive District 11 for a suggested price of S$13.8 million is significant.
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With an amazing 86% sales rate at S$2,160 per square foot, Faber Residence sold quickly and virtually completely. The very coveted District 10 or Bukit Timah area has a strong and selective demand for high-end homes. Its quick selling after launching demonstrates how strong the Singapore real estate market is.
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Prices at Penrith are expected to start from $2,437 psf. The highly anticipated development is...
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