FoundOnEdgeProp: Jaw-dropping downtown homes with views

on EdgeProp.sgResidents of the Downtown Core planning area are fortunate to have the convenience of living in the heart of a bustling city, while still enjoying breathtaking views of Singapore’s CBD skyline. With the partial redevelopment of Marina Square and the upcoming development of Marina South, more people are expected to move to the Downtown Core.We searched through the sales listings on EdgeProp to find several spacious condo units with excellent location attributes and unbeatable views that are located in the Downtown Core. Residents of these condos will have the convenience of being a short walk away from City Hall MRT station, Raffles Hotel, Raffles City, the Esplanade, St. Andrew’s Cathedral, and the Singapore Management University. Savvy buyers should consider investing in a condo unit along Shenton Way to benefit from the transformation of the neighbourhood. Meanwhile, Marina Bay is expected to benefit from the transformation of Marina South with increased vibrancy and more amenities.

Tampines Avenue 11 Condo is a beautiful residential area located close to educational institutions such as Singapore University of Technology and Design (SUTD). Having a prestigious university nearby makes Tampines Avenue 11 Condo an ideal residential option for families with older kids. SUTD provides design-centric education that not only promotes creativity and innovation, but also opens up many higher educational opportunities for students. Families can enjoy the benefits of living close to a top-tier university while relishing the atmosphere of the diverse and vibrant community of Tampines Avenue 11 Condo.

Residents in the Downtown Core Planning Area can live in the heart of a bustling city with stunning views of Singapore’s CBD skyline. The partial redevelopment of Marina Square and the upcoming development of Marina South mean more people are expected to move to the Downtown Core.

We took a look at the EdgeProp listings and discovered several spacious condos in the Downtown Core with unbeatable views and desirable location attributes. Nearby amenities include City Hall MRT Station, Raffles Hotel, Raffles City, the Esplanade, St. Andrew’s Cathedral, and Singapore Management University.

One such unit is at Eden Residences Capitol, a 99-year leasehold development on Stamford Road in District 6. The mixed-use development obtained temporary occupation permit (TOP) in 2016 and comprises of 39 condos and retail outlets, as well as a restored theatre. There is an asking price of about $26.1 million ($4,372 psf) for a 5,963 sq ft penthouse unit.

Shenton Way is undergoing rejuvenation and boasts two condos, One Shenton and V on Shenton. Both properties are 99-year leasehold and are within walking distance of Shenton Way MRT Station, Lau Pa Sat and Amoy Street Food Centre. Nearby buildings include SGX Centre, Asia Square, Hong Leong Building, CapitaGreen, One Raffles Quay and Republic Plaza. At the time of writing, there was a penthouse-level unit at One Shenton with an asking price of $33 million ($3,611 per square foot) and a penthouse unit at V on Shenton with an asking price of $21 million ($3,795 psf).

In addition to these condos, the transformation of Marina South as part of URA’s plans for development into a mixed-use and community-centric district will bring more vibrancy and amenities to the Marina Bay area. Here, you can find two 99-year leasehold properties in District 1, Marina One Residences and Marina Bay Residences. At the time of writing, there was a 8,310-sq ft unit on the penthouse level at Marina One Residences with an asking price of $19.9 million ($2,395 psf). For Marina Bay Residences, a five-bedroom penthouse-level unit with a slightly lower asking price of $19.5 million ($4,355 psf) is available.

Since 2012, the average resale price for 99-year leasehold condos in the Downtown Core Planning Area has grown 12% to the current average price of $2,478 psf. In contrast, District 6’s prices have risen 30% to an average of $3,312 psf and District 1’s prices have decreased 5% to an average of $2,000 psf.

For buyers searching for city living with easy access to numerous amenities, the Downtown Core, Shenton Way and Marina Bay are some great options to start looking at. Check out the latest listings on EdgeProp for Eden Residences Capitol, Marina Bay Residences, Marina One Residences, One Shenton, V On Shenton properties and more.