Whether you’re searching for a home nearby, a place you intend to settle into once you’ve left Singapore, or for something to earn you some extra income; here’s a roundup of specialists who can help when it comes to buying an overseas property, along with some currently available options, including a few here in Singapore.
There’s a new kid on the next-generation property brokerage block, Greyloft. It combines a smart search platform, with a team of in-house, licensed real estate agents, to help you find your perfect home.
As Claire O’Donoghue, Business Development Manager at Greyloft explains:
‘Whether you’ve lived here for years, or are completely new to Singapore, we know finding a home to rent or buy can be hard work. Endless hours spent on Google, fruitless phone calls and appointments. It can be a frustrating process. Greyloft is different.
We provide lots of information upfront, so that you can make informed decisions about where you want to hang your hat. From our Singapore neighbourhood guides, cool search features (you can search by things like commute), comprehensive condo information, and our handy blog, packed with top tips and information, our mission is to find you your perfect home, minus the hassle.
Our team of expert brokers, many of whom have lived overseas too, provide fantastic advice and are there every step of the way to guide your decision- making process. They’ll work in partnership with you, to make sure you get the best property, at the best price. Even better, we’re there for you all the way through to help troubleshoot any issues.’
#03-01, 24 Lorong Telok
greyloft.com | firstname.lastname@example.org
The 20-storey Shama Medini serviced apartments are located within the UMCity Medini Lakeside development at Nusajaya, Iskandar Malaysia. On offer are 196 fully furnished apartments with sizes ranging from 54 to 187 square metres, and four layout configurations: one, two and three bedrooms, and studio units. The average selling price is RM1,300 (S$425) per square foot.
Facilities include a gymnasium, swimming pool, children’s play area, outdoor pavilion and rooftop restaurant, making Shama Medini an ideal “home away from home”. Shama Medini apartments are located above five levels of shops and eating outlets, and overlook a 13-acre landscaped lake, designed by an internationally acclaimed landscape consultant. There is an international hotel, serviced apartment and an office tower next door.
UMCity is a 10-minute drive from the Malaysia-Singapore Second Link bridge and 25 minutes from Johor’s Senai International Airport. Managed and operated by the ONYX Hospitality Group, also known for Amari hotels in Thailand and Middle East, the Shama brand also has a presence in Shanghai, Hangzhou, Hong Kong and Bangkok. Medini is the international investment hub within the Iskandar region; there are no restrictions to foreign ownership, and the incentives on offer are substantial, including no RPGT (Real Property Gains Tax) until 2025.
Capital appreciation on new developments in some areas in Malaysia is expected to continue at a conservative 20 to 30 percent. Overseas buyers and investors have found the pricing of luxury lakefront properties in Malaysia extremely attractive, affording them access to prime properties that would be unattainable elsewhere.
Leisure Farm is an award-winning, gated and guarded residential resort covering 1,765 acres of prime, freehold land at Iskandar Malaysia, Johor. As one of the most established residential hubs near Singapore, Leisure Farm has attracted many Singapore-based expats, who have invested or rented there because of the huge differences in price and available space.
Just 10 minutes’ drive from the Tuas Second Link bridge, Leisure Farm offers easy local and international connections to Singapore, Changi Airport, Johor Bahru CBD and Senai International Airport. In the immediate vicinity are Legoland, Pinewood Studios, Marlborough College, EduCity, Puteri Harbour, Southern Industrial and Logistic Clusters (SiLC) and Nusajaya Ascendas Techpark.
Choose from contemporary homes in Bayou Creek and Bayou Garden, starting from around 3,200 square feet, with options such as linked houses, semi-detached houses and bungalows with up to six bedrooms. Size and space are important features of these homes, and each comes with a designer kitchen, appliances, and wardrobes in the master bedroom.
Foreigners are eligible to purchase, bearing in mind that Malaysian law only allows them to purchase property priced over one million ringgit. Leisure Farm homes are above that threshold, and it has become home to a truly international community of more than 30 different nationalities.
leisurefarm.com.my | +607 556 3003
Avira is a master-planned community made up of landed residences, serviced apartments, condominiums and commercial units located within Medini Iskandar Malaysia. The 207-acre wellness-themed development comprises urban hubs set within green spaces and designed for physical, mental and spiritual wellbeing.
Avira Garden Terraces are three-bedroom landed properties built with wide frontages that invite the outdoors in. Private courtyards and back gardens flow seamlessly into linear parks. Show homes in Medini are ready for viewing.
As a Thai getaway, Phuket needs no introduction. Just a 100-minute flight from Singapore, the island is home to luxurious yacht marinas, golf courses and beautiful beaches, and is supported by first-class infrastructure including hospitals and international schools. An airport upgrade will see a new terminal and runway opening soon.
This 7,500-square-foot villa is located on a quiet hillside with no through traffic, and sweeping views of the town of Nai Harn and out to sea. Set over two levels in 10,000 square feet of garden, the villa features a rooftop sala and dining area, and a garden room. Kids are well catered for with a trampoline and a large swimming pool. The three-year-old villa was designed and developed by a renowned Thai architect and features five-plus-one bedrooms (all ensuite). Complementing Wi-Fi and satellite is a remote control alarm system. Most of the household contents, including appliances and furniture, will be included in the sale.
The villa is a five- to 10-minute drive away from beaches in Nai Harn, Kata and Rawai, as well as shopping, restaurants and bars. The property is ideal as an investment and can serve two purposes: first as a source of income, and second as a holiday home. The owner is looking to sell at S$975,000 (negotiable), or to rent the property on a short- or long-term basis. Rental income averages approximately $1,500 per night throughout the year.
Great weather, an abundant choice of quality restaurants and leisure activities, and award-winning affordable properties are factors high on the list when considering potential locations for retirement. The Thai coastal town of Hua Hin has been rated as one of the Top 10 best cities in the world to retire to, and it has much to offer. The stunning countryside is a mix of mountains, beaches, waterfalls and caves; there are plenty of golf and tennis facilities, it’s just a two-hour drive from Bangkok, and the crime rate is low.
Recent property development has expanded residential options to include villas connected to a golf course, houses in secure gated developments and condominiums in town. One example is this three-bedroom, two-bathroom pool villa available fully furnished for S$320,000.
Selong Selo Residences embody modern luxury in a totally raw and natural environment whilst taking advantage of the breathtaking views of the Selong Belanak bay. This project sets a new standard in both legal due diligence and the quality of execution. Selong Selo differentiates itself by offering a fully integrated approach – selling subdivided plots with basic infrastructure.
The development will offer facilities such as a private beach club, a clubhouse with restaurant and bar, spa, swimming pools, tennis courts, children’s play area, 24-hour security, gym, yoga, private chef and in-villa room service as well as conference and wedding facilities.
Purchasers can select the style and size that best suits their requirements and the Selong Selo development team will oversee the entire process from start to finish. Set in the Jabon hills the open plan villas are designed to take advantage of the panoramic sunset views from most areas of the villa. Selong Selo Interior Collections will offer owners a range of interiors packages to include locally sourced furniture, art, accessories and operating equipment that complement the nature of the villa’s architecture, materials and landscape.
Prices at Selong Selo Residences start at US$95,000 for a plot and US$339,000 for a plot and villa.
Psst..we headed to the Selong Selo Residences open house last month to find out more, and met the Project Directors who took us through the plans. There is very much an eco-focus to this project, using recycled timber for their properties and the bespoke touches to the villas sounded pretty impressive.
For those looking for a bolt-hold back in the UK, London tends to hold its value. One company who we keep hearing about from avid EL readers is JM Chase, and we had the pleasure of attending one of their insightful presentations (wine and nibbles included!) when the MDs were over last month.
JM Chase represents private clients, offering independent and impartial advice regarding the residential property market of prime central London. Their service is entirely focused on the acquisition of a home or an investment opportunity that fits a client’s requirements within prime central London.
The London market, be it in recession or boom, can be competitive and fast moving. Without representation, it can be a very challenging market to achieve the best results in.
Need other financial or investment tips? Head to our Finance page.