By: Deborah Law, Executive Director, Expat Realtor
Happy Year of the Wood Sheep! This is considered by feng shui followers to be an auspicious year. In the Chinese zodiac, the sheep (or ram or goat) represents solidarity, harmony and calmness. It also represents flexibility and compromise, making it easier to reach agreement in spite of conflicting interests. Sounds like a breath of fresh air for real estate!
This year promises to be better than 2014 because the five elements present in the feng shui destiny chart incorporate an optimism that will, according to the experts, continue to drive up the economy and the stock market. A more stable global economic atmosphere is expected, with less dramatic fluctuations.
Like 2014, this year’s property outlook is nothing to write home about, unless the government chooses to tweak some of the cooling measures. Softer and more realistic prices this year may mean more properties sold; but unless the deal is exceptionally appealing – particularly in the luxury sector – investors will probably wait a while longer, expecting further price drops.
Opportunities may present themselves, however, in the shape of relaunches offering attractive incentives, increasing mortgagee sales from multiple property owners under pressure from possible interest rate hikes and a slower rental market, the luxury segment, prime properties in good locations and especially for those buying for their own occupation.
For more on the best areas to live, see Expat Living’s neighbourhood round-up here, plus lots of specific area guides by expat residents here.
Check out Expat Realtor’s selection of hot properties below – with all the photos appearing in the gallery above. For more properties, head here, and for viewings, email email@example.com or call 6255 1027.
Coastal Comfort: Jln Limau
Size: 2,500 sq. ft built; 3,800 sq. ft land
This idyllic house has three bedrooms, including one large master, all with built-in wardrobes. There are two bathrooms upstairs, one downstairs, one large utility or maid’s room with built-in wardrobe, a big back yard, a large renovated kitchen (with dry and wet areas), and all essential appliances. It also has a good-sized living room and an outdoor dining patio. Situated at the highest point of the estate, with a large, breezy garden, it’s just a five-minute walk to Tanah Merah MRT, with Eastwood Cold Storage just five minutes down the road. The house is available either fully or partially furnished.
Chestnut House: Chestnut Drive
Size: 4,500 sq. ft built; 6,000 sq. ft land
Located in a quiet area of Good Class Bungalows, with beautiful gardens, two fishponds and plenty of privacy, this five-bedroom, five-bathroom house has top end fittings and fixtures, with no expense spared in its renovation.
It has formal and informal dining rooms, a lounge room with large projector screen television, built-in Sonos speakers throughout the house, a high-quality kitchen, and large walk-in wardrobe in the master bedroom.
Located two minutes from the BKE freeway, it’s close to the Rail Mall eateries. The Downtown MRT line will soon open at the end of the street, and the American, German and Marlborough international schools are not far away either. An amazing opportunity to buy or rent.
Making a Choice: Hillcrest Villa
Size: 2,890 sq. ft
Type: Cluster house
If you can’t decide between an apartment and a house, this is the perfect choice: a five-bedroom, three-storey cluster house boasting spaciousness and landed living with condominium facilities, beautiful landscaping and two car-park spaces. Situated in popular District 11, the house is a short stroll from the eateries and shops on Greenwood Avenue. It’s also close to a range of international schools, Holland Village, Orchard Road and the Botanic Gardens.
Penthouse Prestige: Balmoral Hill
Size: 2,600 sq. ft
This is a beautiful, three-bedroom penthouse located in a central and convenient part of Singapore. Be the envy of your friends as you enjoy your private roof terrace with spa pool and barbecue pit, and stunning views of the city.
Cool Convenience: St Patrick’s Residences
Price on application
Size: 2,130 sq. ft
This conveniently located development is accessible via the ECP expressway, yet is quiet and peaceful as it’s located a little off the main road. It’s only minutes from the airport, yet still just a short drive from central areas such as Orchard and Raffles Place. There are plenty of shops and eateries nearby, as well as East Coast Park. Apartments feature good-sized rooms, an open kitchen and living area, and modern fixtures and fittings.