Fraud Blocker
Your search results

Top 5 Factors : What Is Considered “Luxury” In The Singapore Property Market?

Posted by Jayson Ang on December 3, 2024
| 0

The Singapore property market is known for its high-quality residential properties, attracting both local and international buyers. Luxury real estate in Singapore is often associated with prime locations, top-notch amenities, and a sense of exclusivity. However, defining luxury can be subjective, as different people may have varying preferences and expectations.

We will explore the top five factors that contribute to the perception of luxury in the Singapore property market.

1. Location:

Location plays a crucial role in determining the value and prestige of a property. Luxury properties in Singapore are typically found in prime districts such as Districts 9, 10, and 11, which include areas like Orchard Road, Nassim Road, and Ardmore Park. These neighborhoods are known for their tree-lined boulevards, tranquil environment, and low traffic density, offering residents a sense of privacy and exclusivity.

2. Price and Price per Square Foot:

Luxury properties in Singapore command a premium price, both in terms of the total quantum and the price per square foot. High net worth individuals are often willing to pay top dollar for properties in prestigious neighborhoods, driving up the prices of luxury real estate in these areas. For instance, London’s Knightsbridge and Belgrave Square have been home to Britain’s most expensive residential real estate for the last 200 years, and the same principle applies to Singapore’s prime districts.

3. Sense of Space:

A sense of space is essential for a property to be considered luxurious. This includes both the interior living space and the surrounding environment. Luxury properties in Singapore often feature spacious interiors, with two- or three-bedroom apartments exceeding 1,000 square feet. Additionally, these properties are usually set amidst lush greenery and offer generous spaces between buildings, providing residents with a serene and comfortable living experience.

4. Quality and Craftsmanship:

Luxury properties in Singapore are built with uncompromising quality and craftsmanship. High-quality materials, attention to detail, and excellent workmanship are hallmarks of luxury real estate. These properties often feature state-of-the-art amenities, such as private swimming pools, gyms, and smart home systems, catering to the discerning tastes of affluent buyers.

5. Unique Character and Charm:

Luxury properties in Singapore often possess a unique character and charm that sets them apart from other residential properties. This could be in the form of architectural design, historical significance, or a one-of-a-kind location. Luxury real estate buyers are often attracted to properties that offer a distinctive living experience, setting these homes apart from the rest.

Luxury properties in Singapore are defined by a combination of factors, including prime location, premium pricing, a sense of space, exceptional quality and craftsmanship, and unique character and charm. While individual preferences may vary, these factors collectively contribute to the perception of luxury in the Singapore property market. As the demand for high-end real estate continues to grow, it is essential for buyers and investors to understand these factors to make informed decisions when purchasing luxury properties in Singapore.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

  1. Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
  2. Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …


Top 5 Best Secret Gardens in Singapore
Mandarin Top 5

Top 5 Best Secret Gardens in Singapore

Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also home to a plethora of hidden...
Read More
Top 5 Tips : How to Choose the Right Type of Property to Invest in Singapore – Expert Tips and Analysis!
Mandarin Top 5

Top 5 Tips : How to Choose the Right Type of Property to Invest in Singapore – Expert Tips and Analysis!

Investing in property has long been a popular method for growing wealth in Singapore. With million-dollar HDBs being sold and...
Read More
Singapore’s Property Insights : Where to Find 5 Hidden Gems?
Mandarin Top 5

Singapore’s Property Insights : Where to Find 5 Hidden Gems?

Singapore's Property Insights : Where to Find 5 Hidden Gems? With its booming economy, vibrant culture and attractive regulations, Singapore...
Read More
Top 5 Differences Between OCR, RCR And CCR In Terms Of Lifestyle And Culture
Mandarin Top 5

Top 5 Differences Between OCR, RCR And CCR In Terms Of Lifestyle And Culture

Singapore, a vibrant and diverse city-state, is known for its unique blend of cultures, modern architecture, and thriving economy. The...
Read More
Top 5 Factors : Location More Important Than Freehold Status?
Mandarin Top 5

Top 5 Factors : Location More Important Than Freehold Status?

When it comes to purchasing a property, there are numerous factors that potential buyers need to consider. While the debate...
Read More
Explore the Benefits and Drawbacks of Holding an Open House!
All Blog Posts Buying Tips

Explore the Benefits and Drawbacks of Holding an Open House!

TLDR An open house is a valuable opportunity for sellers to showcase their home to potential buyers without pressure. It...
Read More
6 Hot Property Market Trends in Singapore 2024: What Buyers Should Anticipate
All Buying Tips Opinion

6 Hot Property Market Trends in Singapore 2024: What Buyers Should Anticipate

TLDR When diving into Singapore's property market, expect a rollercoaster ride as trends shift drastically in 2024. Landlords and tenants...
Read More
5 Key Insights to Take Away from the Latest 2022 Cooling Measures
All Blog Posts Buying Tips

5 Key Insights to Take Away from the Latest 2022 Cooling Measures

TLDR Affordability of HDB Market: Government is focused on ensuring affordable public housing and may increase supply if needed. Long-term...
Read More
Learn the Essentials of Renting Property in Singapore as a Foreigner
All Blog Posts Buying Tips

Learn the Essentials of Renting Property in Singapore as a Foreigner

TLDR Renting in Singapore offers various options for foreigners, such as HDBs, Condos, and even unique properties like heritage homes....
Read More
Top 5 Must-Do Experiences in Singapore for First Timers
Mandarin Top 5

Top 5 Must-Do Experiences in Singapore for First Timers

Singapore, a vibrant city-state known for its diverse culture and rich history, offers an array of unique experiences for first-time...
Read More
Top 5 : Best Architectural Marvels in Singapore
Mandarin Top 5

Top 5 : Best Architectural Marvels in Singapore

Singapore, a vibrant city-state known for its diverse culture and stunning skyline, is also home to some of the most...
Read More
When Should You Consider Lowering the Price of Your Property That Has Been on the Market for Months?
All Blog Posts Opinion Selling Tips

When Should You Consider Lowering the Price of Your Property That Has Been on the Market for Months?

TLDR Selling a property can be challenging without the right price strategy. Adjust your asking price to attract more buyers...
Read More
What is Buyer’s Stamp Duty (BSD) in Singapore and How Does It Work?
All Blog Posts Opinion

What is Buyer’s Stamp Duty (BSD) in Singapore and How Does It Work?

TLDR When it comes to navigating the Additional Buyers Stamp Duty (ABSD) in Singapore, legal strategies are available to overcome...
Read More
Top 5 : Best Karting Circuits in Singapore
Mandarin Top 5

Top 5 : Best Karting Circuits in Singapore

Singapore, a bustling city-state known for its modern architecture, cleanliness, and vibrant culture, is also home to a thriving karting...
Read More
Why Chinese Investors Should Not Be Deterred by ABSD: 5 Reasons
Buying Tips Mandarin Top 5

Why Chinese Investors Should Not Be Deterred by ABSD: 5 Reasons

Why Chinese Investors Should Not Be Deterred by ABSD: 5 Reasons Here are the top 5 reasons why Chinese investors...
Read More
The Top 5 Renovation Tips For Increasing The Value Of Your Singapore Property Investment
Mandarin Top 5

The Top 5 Renovation Tips For Increasing The Value Of Your Singapore Property Investment

When it comes to increasing the value of your Singapore property investment, strategic renovations can make a significant difference. Here...
Read More
Top 5 Trends And Developments That Will Shape Singapore’s Property Market In The Next 5 Years
Mandarin Top 5

Top 5 Trends And Developments That Will Shape Singapore’s Property Market In The Next 5 Years

Singapore's property market has always been a dynamic and evolving landscape, attracting both local and international investors. As we look...
Read More
The Impact of a Real Estate Agent on Your Property’s Selling Price
All Buying Tips Opinion

The Impact of a Real Estate Agent on Your Property’s Selling Price

TLDR In the world of real estate, the value of property agents lies in their ability to create competition among...
Read More
Top 5 : Most Profitable Neighborhoods To Invest In For Singapore Property Investment 2025
Mandarin Top 5

Top 5 : Most Profitable Neighborhoods To Invest In For Singapore Property Investment 2025

As the global economy continues to recover, the real estate market in Singapore remains a promising investment opportunity for savvy...
Read More
Housing Affordability in 2023: Is Singapore Property Truly Unaffordable?
All Opinion

Housing Affordability in 2023: Is Singapore Property Truly Unaffordable?

TLDR Singapore’s property market faces challenges with high prices, especially in private housing. While public housing remains more affordable, the...
Read More
1 2 3 28

Compare Listings