FoundOnEdgeProp: Jaw-dropping downtown homes with views

in Singapore at EdgeProp.sgResidents living in the Downtown Core planning area of Singapore enjoy convenience and breathtaking views of the Singapore CBD skyline, leading more people to move to the area following partial redevelopment of Marina Square and the upcoming development of Marina South.At the time of writing, there are several spacious condos for sale in the area offering unbeatable views and convenience such as the 5,963 sq ft penthouse in Eden Residences Capitol with an asking price of $26.1 million ($4,372 psf). Shenton Way is also undergoing a rejuvenation, with a topping-out ceremony held in August for the nearby IOI Central Boulevard Towers and the recent sale of the nearby Shenton House.Savvy buyers considering investing in a condo here might check out the listings for One Shenton and V On Shenton with different asking prices. Meanwhile, those looking for a larger budget may consider the 9,138 sq ft penthouse in One Shenton with an asking price of $33 million ($3,611 psf) or the 5,533 sq ft penthouse in V On Shenton with an asking price of $21 million ($3,795 psf).Residents of Marina Bay are also expected to benefit from the increased vibrancy and additional amenities of the Marina South development and can consider units from Marina Bay Residences and Marina One Residences for sale.The average resale price for 99-year leasehold condos in the Downtown Core Planning Area has grown 12% since 2012 to the current average price of $2,478 psf while prices for condos in District One have inched down by 5% to the current price of $2,000 psf.

Residents living in Singapore’s Downtown Core Planning Area enjoy the benefits of living in the heart of a bustling city with unparalleled views of the CBD skyline. With the partial redevelopment of Marina Square and plans for the upcoming development of Marina South, more people are expected to move into the area.

We searched through EdgeProp’s sales listings and found numerous spacious condos with excellent location attributes and unbeatable views. One such example is the 99-year leasehold development at Eden Residences Capitol, located along Stamford Road in District 6. With a total of 39 condo units, the mixed-use development obtained Temporary Occupation Permit (TOP) in 2016 and includes retail outlets and a beautifully restored theatre. Those living here have the added benefit of being close by City Hall MRT Station, Raffles Hotel, Raffles City, the Esplanade, St. Andrew’s Cathedral, and the Singapore Management University.

With its strategic location, Tengah Plantation Close EC offers excellent accessibility. Through major roads and expressways, such as the Pan Island Expressway (PIE), commuting to and from the development is a breeze. Residents can also get to surrounding locations, such as the Jurong Regional Centre, in no time.

At the time of writing, there is a penthouse unit at Eden Residences Capitol with an asking price of around $26.1 million ($4,372 psf), with five bedrooms and a size of 5,963 sq ft.

Meanwhile, Shenton Way is undergoing its own transformation due to the topping-out ceremony of the IOI Central Boulevard Towers in August and the recent sale of Shenton House. There are several sale listings for the 99-year leasehold developments of One Shenton and V on Shenton. A penthouse-level unit at One Shenton has an asking price of $33 million ($3,611 per square foot) and comes with four bedrooms and a rooftop private pool. Buyers with a lower budget can consider V on Shenton with an asking price of $21 million ($3,795 psf) for a five-bedroom unit of 5,533 sq ft.

Marina South is also undergoing development as part of URA’s plans to transform the precinct into a mixed-use and community-centric district. This means increased vibrancy and amenities for those living in nearby Marina Bay. Those looking to invest in the area can consider units from Marina Bay Residences and Marina One Residences. A unit on the penthouse level of Marina One Residences with four bedrooms and an area of 8,310 sq ft has an asking price of $19.9 million ($2,395 psf). For a slightly lower price, there is a five-bedroom unit in Marina Bay Residences with an asking price of $19.5 million ($4,355 psf) and an area size of 4,478 sq ft.

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, while the average price for leasehold condos in District One has decreased 5% to $2,000 psf. Check out the latest listings for Eden Residences Capitol, Marina Bay Residences, Marina One Residences, One Shenton, and V On Shenton properties in Singapore at EdgeProp.sg.