The government has launched a residential site at Dakota Crescent for public tender.
This comes after a developer said it would bid at least S$130 million for the site two weeks ago.
The land parcel, which was made available for sale through the Reserve List System, has a site area of 1.7 hectares.
The 99-year site, which is located near Old Airport Road, can generate a maximum permissible gross floor area of 647 thousand square feet. Continue reading
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Posted in Property Market / Real Estate
Tagged Dakota Crest, Land Sales, Singapore Property Market, Singapore Real Estate
| The Luxury Expert looks at Singapore’s high-end property market and defines luxury for HNWI’s. |
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Let’s make it clear, not every property that the developer calls ’luxury’ is a luxury or choice property. In many, if not most cases in Singapore, the property that is up for a launch hails itself as a ’true luxury’ or ’luxury living’. Its advertisement is splashed with lush greeneries around the upcoming condo, usually accompanied by a smiling, dressed-up teenage model, who also strikes a pose by the swimming pool. I have never teenage girls buying luxury condominiums and I hope the readers do not confuse such properties with our Continue reading
Comments Off on Luxury, luxury everywhere: but what does it really mean?
Posted in Luxury Property, Property Market / Real Estate, Property Price
Tagged Luxury Property, Singapore Property, Singapore Property Market, Singapore Real Estate
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