By Stephanie Tay, Managing Director of Sales & Marketing, SC Global Developments Pte Ltd
While Singapore has long enticed investors with its political stability, extremely low crime rate and strong diplomatic ties, the island city-state has undergone an extraordinary makeover in the last 15 years that has rendered it even more appealing. The world’s wealthy have flocked to the island in search of luxurious new homes and a safe haven to park their valuable reserves. Singapore’s low tax rates and high degree of banking confidentiality are a compelling draw. And with uncertainties in regional markets, the stability of Singapore’s business and political environments has further cemented its appeal among foreign investors.
It is no wonder that amongst the rich and famous who have chosen to live on the island are Chinese tycoon Jack Ma of Alibaba, Facebook co-founder Eduardo Saverin and British industrialist Sir James Dyson, who recently bought the biggest and most expensive apartment in Singapore’s verdant city-state for £44 million.
Investors’ destination of choice
As a highly industrialised and successful free-market economy, Singapore has become a global paragon of economic development, renowned for its strong economic fundamentals, transparent legal structures and prudent fiscal policies. Having achieved a remarkable record of growth and development over the last half-century, Singapore has catapulted itself as a leading global destination for both business and leisure, underpinned by its stable political environment, acclaimed legal system, sound business practices, efficient market dynamics and well–connected infrastructure.
Positive outlook
This, in turn, has created investment opportunities for Singapore’s real estate, which has seenthe country’s property prices rise steadily through the decades, weathering some of the toughest economic challenges and regulatory curbs.
With private-home prices rising to a five-year high in the second quarter of this year and the volume of transactions increasing, the momentum is expected toextend beyond 2019, underpinned by the nation’s expansionary economic and immigration policies.
Outstanding location
In Singapore, there is an unspoken exclusivity to living in the heart of Orchard Road, a neighbourhood internationally regarded as a prime blue-chip investment, where real-estate value traditionally increases in tandem with Singapore’s growth. Already regarded as one of the world’s most illustrious shopping streets, the Singapore government has announced major investment plans to rejuvenate the Orchard Road neighbourhood to become a global lifestyle destination rich in art, culture, entertainment and shopping experience. With properties in the vicinity commanding some of the highest rentals, the area remains a prized investment choice for buyers.
Prized collectibles
With a luxury portfolio primarily based in Singapore, SC Global Developments is one of the leading luxury property developers in Asia and remains at the forefront of design and architecture.Over the last 20 years, the group has worked hard to develop a brand synonymous with exceptional design, quality excellence, craftsmanship and originality. Often referred to as a “collectible”, each project raises the bar, whether in architectural design, personalised service or new living concept. We offer a bespoke and discreet service to our clients and are proud to have earned the reputation as the “premier choice” for high-net-worth clients looking to own property in Singapore.
The Marq on Paterson Hill – 8 Paterson Hill
Revered as ”Bungalows in the Sky”, The Marq is the first condominium in the world to have swimming pools cantilevered outside of the building on every level. It is also home to the world’s only apartment entirely decorated by the French design house Hermès in a unique collaboration, which marked the launch of Hermès Maison in the region.
Its innovative architectural design has set unprecedented benchmarks globally, with each apartment’s 15-metre pool affording dramatic panoramic views of the Orchard Road skyline. Luxuriously appointed interiors include double-volume ceilings and a generous master suite with bespoke detailing throughout, including a Cartier clock set inside the bathroom vanity.
Amenities expected of an ultra-luxurious condominium include attentive concierge service, clubhouse with gymnasium and private dining room, yoga garden, swimming pool and sunken lounge complete with a fireplace providing the perfect venue for intimate gatherings.
This iconic development has captivated its beholders, affirming its position as the address of choice in Singapore for a distinguished community who appreciate rarefied living.
Signature Tower
Five-bedroom apartments with private swimming pools – 6,000 square feet. Price provided upon application.
Premier Tower
Four-bedroom apartments – 3,000 square feet. Price provided upon application.
Sculptura Ardmore – 8 Ardmore Park © SC Global
Sculptura Ardmore – 8 Ardmore Park
The completion of Sculptura Ardmore, with its highly unconventional and beautifully crafted sculptural form, realised SC Global’s vision to create one of the city’s most iconic works of residential architecture. Standing 146 metres tall, Sculptura Ardmore’s distinctive silhouette elegantly differentiates itself from the surrounding milieu of rectilinear architecture.
This freehold development is home to just 34 luxuriously appointed open-plan apartments wrapped around a central core, with a simple two-degree tilt in the façade plane. This creates a gracefully curving façade that is composed entirely of glass, with an animated skin of mechanically moveable glass fins. Its sculptural form is further accentuated by four private lap pools of up to 14 metres in length that peel away from the building’s façade like outstretched branches defying gravity. Apartments are reminiscent of large bungalows, with full-height windows flanking the living and entertainment areas that stretch across an incredible 23 metres.
Amenities include onsite concierge, 30-metre lap pool with Jacuzzi , sky terrace replete with private clubhouse, indoor and outdoor entertainment areas, gymnasium and sky gardens with private cabanas and Jacuzzis.
Thirty-four limited edition four- and five-bedroom apartments starting from 2,800 square feet. Price provided upon application.
Cuscaden Reserve – 8 Cuscaden Road
Artists Impression of Cuscaden Reserve – 8 Cuscaden Road © SC Global
The recently unveiled Cuscaden Reserve is a rare collaboration with Hong Kong’s New World Development Company (NWD). With the ethos of “Craftsmanship Meets Imagination” driving the development, this Bauhaus-inspired project unifies the values of bespoke craftsmanship, innovation and creativity shared with New World’s “The Artisanal Movement”.
With an enviable address amidst Singapore’s finest five-star hotels within the exclusive and genteel perimeter of Orchard Road, the development is just a stone’s throw from the upcoming Orchard Boulevard MRT station and across from the UNESCO Botanic Gardens.
These luxurious pied-à-terre apartments provide the perfect inner-city dwelling with living spaces designed to offer flexibility in both design and functionality. Large sliding doors can be opened up to create seamless loft-like space or partitioned off to create separate bedroom and living areas.
Amenities include onsite concierge, 27-metre swimming pool, clubhouse with gymnasium and private dining room, yoga garden and outdoor event pavilion.
Available for purchase off-plan with completion expected by the fourth-quarter 2022.
One hundred and ninety-two apartments primarily in one- and two-bedroom configurations from 700 square feet. Price provided upon application.
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