From penthouses in Tanjong Pagar to Good Class Bungalows along Cluny Road, here’s a look at some of the most exclusive addresses in Singapore
When you look at the dynamics behind Singapore’s property market, the adage being “in the right place at the right time” seems very apt. The country’s strategic location makes it a Southeast Asian transport hub and one of the top financial cities in the world. Add to that, the fact that it is the most dynamic developing cities in the region, attracting investors from around the world.
All these have fed its residential market over the years, which although has seen some ups and downs in the years has remained largely a profitable investment. And the post-pandemic figures only prove that in spades. “Singapore’s residential prices and the segment’s high performance since the onset of Covid-19 across all segments—mass market, city fringe and high-end—has outperformed economic fundamentals,” says Tricia Song, head of research, Southeast Asia at CBRE.
See also: The Most Exclusive Residential Streets in Asia
As is true of any country’s property market, the districts that have historically performed well have continued to do so. But before we get into that it’s important to understand how the Singapore’s real estate market segments are divided. They are, as Implemented by the Urban Development Authority (URA), three main divisions: Core Central Region (CCR), Rest of Central Region (RCR) and the Outside Central Region (OCR). These regions contain all 28 of Singapore districts.
Here’s our pick of streets and districts that have seen some unusually high-ticket purchases:
