How Singapore?s Core Central Region Remains Resilient
The seemingly unshakable stability of the Core Central Region market might seem largely incongruous with the life-altering pandemic woes.
The post How Singapore’s Core Central Region Remains Resilient appeared first on LUXUO.
How has the COVID-19 pandemic, which has led investors globally to brace themselves for turbulent economic conditions as the virus ravages economies worldwide, affected the luxury residential segment in Singapore" It appears that the luxury high-rise residential market in Singapore remains a harbour amid the storm, bolstered by the resilience of homes in the Core Central Region where high-end living continues to maintain its lustre.
Do investors need to worry about how the pandemic will affect the luxury residential segment in Singapore" In the past, luxury living in Singapore mainly comprised the traditional prime districts of 9, 10, and 11. However, in the past 15 years or so, the definition of luxury living has extended to the concept of city living and island living. In addition to these prime districts, the Core Central Region also encompasses private residences in the Downtown Core (Districts 1, 2, 6, 7) as well as Sentosa Island (Southern Islands Planning Area) and is home to some of the most expensive addresses in Singapore. These are preferential locations for high-net-worth individuals (HNWIs) where the different distinctive characteristics cater to diverse luxury lifestyles.
READ MORE: Billionaire James Dyson Buys Singapore?...
The post How Singapore’s Core Central Region Remains Resilient appeared first on LUXUO.
How has the COVID-19 pandemic, which has led investors globally to brace themselves for turbulent economic conditions as the virus ravages economies worldwide, affected the luxury residential segment in Singapore" It appears that the luxury high-rise residential market in Singapore remains a harbour amid the storm, bolstered by the resilience of homes in the Core Central Region where high-end living continues to maintain its lustre.
Do investors need to worry about how the pandemic will affect the luxury residential segment in Singapore" In the past, luxury living in Singapore mainly comprised the traditional prime districts of 9, 10, and 11. However, in the past 15 years or so, the definition of luxury living has extended to the concept of city living and island living. In addition to these prime districts, the Core Central Region also encompasses private residences in the Downtown Core (Districts 1, 2, 6, 7) as well as Sentosa Island (Southern Islands Planning Area) and is home to some of the most expensive addresses in Singapore. These are preferential locations for high-net-worth individuals (HNWIs) where the different distinctive characteristics cater to diverse luxury lifestyles.
READ MORE: Billionaire James Dyson Buys Singapore?...
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