Local Singapore private home market has gradually become active.
After the first two months of “warming up”, the local
private home market has gradually become active. There are several new projects
to preview or officially launch this month or within 2019 such as The Essence, Canberra Link EC, One Meyer, and 1953.
The recent local private home market seems to be dominated
by mega project. The projects that have been launched or are about to be
launched, such as The Florence Residences and Treasure At Tampines, have more
than 1,000 units and emphasize the development space. There are many
facilities.
On the other hand, the new boutique apartment projects that
are on the scene emphasize the small-scale operation, mainly for potential
buyers such as high-paying single aristocrats and young professionals who have
just organized families, to create a stylish living space for them.
Boutique apartments are generally targeted at relatively
small, high-paying families who are more personalized and secretive. The
decoration of the boutique apartment is more personalized, and there are not many
residents in the project, and the privacy and uniqueness are higher. Although
there are many facilities for the hegemonic project, there are many households
with shared facilities. In contrast, although there are few boutique apartment
facilities, residents have more opportunities to enjoy these facilities.
However, due to the small number of households, the management fee for boutique
apartments is generally higher.
After all, buyers have a good time, should choose a
hegemonic project or a boutique apartment, depending on personal needs.
However, developers offer more types of projects for buyers to choose from,
which is always good for buyers.
