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The 5 hottest addresses in Singapore’s luxury condominium scene

An in-depth look at some of Singapore's priciest housing in the sky.

In any major city, owning residential property with a desirable postcode is a symbol of status and success. More so in land-scarce metropolises like Hong Kong, New York and Singapore.

(Related: More luxury homes in Singapore and abroad)

Here on our little red dot, sales of luxury residential properties in prime districts are picking up, notably among foreign buyers, according to Leong Boon Hoe, chief operating officer of List Sotheby’s International Realty, Singapore. In fact, prestigious developments like Gramercy Park are already sold out, says Leong, while The Nassim and New Futura are over 50 per cent sold. This is thanks to the fine-tuning of some cooling measures in March 2017, as well as the fact that prices here are more palatable than that of cities like Hong Kong.

As such, here are the developments to monitor, if you haven’t already snagged that dwelling in the sky.

  • 01: WALLICH RESIDENCE

    Address: WALLICH STREET
    Starting price per square foot: $3,050 PSF AT LAUNCH (DECEMBER 2013); $3,310 PSF IN 1H2018
    Developer: GUOCOLAND
    Architect: SKIDMORE, OWINGS & MERRILL (SOM)

    Guocoland’s landmark Wallich Residence made headlines in July last year when its 21,108 sq ft three-storey super penthouse came with an asking price of $108 million. The unit has a private lift with direct access to the basement carpark, where the owner is entitled to four designated parking spaces.

    As part of the mixed-use Tanjong Pagar Centre, the 99-year leasehold property has the distinction of being Singapore’s tallest residential development. Its 181 units are located on floors 39 through 64, or a height of 180m to 290m – meaning spectacular views of the CBD, Marina Bay and Southern Islands. If the panoramic views from their apartments are not enough, residents can choose to admire the surroundings from the Sky Garden (220m) or the Sky Observatory on level 62 (270m).

    Being part of an integrated project means that company chiefs could potentially set up residence in the same development as their businesses: Guoco Tower has 890,000 sq ft of Grade A office space spread over 31 storeys, while a retail podium offers 100,000 sq ft of leasable space. They could also entertain visiting clients in the adjoining 223-room Sofitel Singapore City Centre – which provides residents with concierge services, in partnership with Guocoland’s concierge team.

(RELATED: Take a look inside this stunning, modern house with unnaturally sharp angles)

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