Prospective buyers of luxury homes are spoilt for choice with an abundance of places being offered in a new range of locations
Singapore's luxury residences have spread their wings to more areas, offering a greater selection of locations for top-end buyers.
The Orchard Residences have been placed in the 'super luxury' bracket, meaning the price per square foot could go as high as US$1,980, though developer CapitaLand has yet to fix the amount.
Located on the prime Orchard Turn site above the Orchard train station, the 218-metre, 56-storey high-rise is scheduled to start releasing its 98 phase-one units in late 2009. Most are three- and four-bedroom apartments ranging from 1,800 sqft to 2,900 sqft, though seven garden units and penthouses will carry 4,300 sqft to 6,500 sqft.
Also going up in the area are the Scotts Square and St. Regis Residences, for which United Overseas Bank has put a valuation cap of US$2,380 per sqft, though speculators say these apartments will realise much more.
The Lumos in the Leonie Hill area is expected to start its 53 luxury units at US$2,250, which range from 635 sqft one-bedroom apartments to the 6,000 sqft penthouses that sit atop each tower. All floors also come with their own sky garden.
Bukit Timah is cashing in on the recent property boom, with at least six residential projects being launched in the coming year, and wearing price tags of up to US$1,260 per sqft, a price level not seen in the area for 10 years.