By: Deborah Law, Executive Director, Expat Realtor
It’s an interesting time to be a property agent in Singapore right now. Sales volumes have almost halved, prices are dropping across the board on both sales and rentals, and there’s a surplus of properties on the market. Our tenants love us, but our landlords are squeezing us hard. Even landlords of prime properties are now dropping their prices, and that could bring demand back to the city areas again.
All in all, it’s a vast change from the days when we were advising our clients to view with chequebooks in hand and minimal requests. Where before we worked on a rollercoaster where property prices went up or down by a few percentages in a month, we now have a more stable and even path to tread.
People still need to move and they still need to buy, but they can now take a breath and really have a good look at what is out there. Ultimately, this means they can make an informed and educated decision that the property they are choosing is the best for their requirements.
Tip of the month for landlords: Termites are not covered by the usual tenant pest control requirements and are generally considered the landlord’s responsibility unless negotiated otherwise. Do arrange for regular checks before they come as a nasty surprise.
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 firstname.lastname@example.org or call 6255 1027.
The Chancery Residences
Size: 3,000 sq. ft
Type: Corner terrace cluster house
This unique Chancery corner cluster unit comprises three storeys with basement, a large living and dining area, a good-sized and fully equipped kitchen, four bedrooms (three with attached bathrooms), plus a roof garden and two parking spaces in front of the basement door. It is the only one of its design in the development.
The residences share a swimming pool, a baby pool, a fitness corner and a small playground. They are walking distance from Novena MRT, hospitals and supermarkets, and it’s a five-minute drive to Orchard Road.
Luscious Lodge: Jervois Lodge
Size: 1,389 sq. ft
This cosy, family-friendly, three-bedroom apartment situated in the Jervois area is in a low-rise development and surrounded by plenty of greenery. This is enhanced by large windows in the decent-sized lounge and dining area that bring the greenery into the apartment. All bedrooms are of a good size, and the kitchen was recently renovated. Available mid-April.
Duxton Delight: Duxton Road
Size: 1,000 sq. ft
Type: Office shophouse
This open-plan, fully fitted, designer shophouse office space comes with conference room and powder room. If you’re looking for an office with presence and clout, the Duxton area will impress your clientele, and it’s only a short walk from Tanjong Pagar MRT station. Available immediately.
Coronation Convenience: Lim Tai See Walk
Size: 3,500 sq. ft (land), 3,200 sq. ft (built)
Type: Landed, semi-detached
This traditional, two-storey, semi-detached family home is located in a quiet cul-de-sac just off Sixth Avenue. There is parking for two cars, grass for the children to play on and a paved terrace off the dining room.
The ground floor comprises a split-level living and dining area, a sun lounge, a large kitchen (big enough for a kitchen table) and a helper’s room with its own entrance. The guest bathroom and fourth bedroom are also on the ground floor.
Upstairs are three spacious bedrooms, all with floor-to-ceiling built-in wardrobes with attractive white louvre doors. The master bedroom has a small balcony and a great bathroom with a long bath and a separate shower cubicle.
Bedrooms two and three are both doubles and share a bathroom. Bedroom two has a separate air-conditioned study or den, and there’s a large, cable-ready family area by the master bedroom. This very versatile house is available for occupation in April.
Designs on Duchess: Duchess Crest
Size: 1,711 sq. ft
Duchess Crest, a full-facility, 251-unit, four-storey condo built in 1999, is popular among families. All the rooms are of a good size, and most have decent-sized balconies. A private shuttle service takes residents to Newton MRT station and Orchard Road, stopping at nearby Coronation Plaza where you can pick up groceries. For drivers, it takes less than 20 minutes to get to the business hub via the AYE motorway, and about ten minutes to the Orchard Road shopping belt via Holland Road.