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Residents living in the Downtown Core Planning Area enjoy the convenience of living in the heart of a bustling city and breathtaking views of Singapore’s CBD skyline. More people are expected to move to the Downtown Core after the partial redevelopment of Marina Square and the upcoming development of the neighbouring Marina South. We searched through the sales listings on EdgeProp and discovered several spacious condo units in the Downtown Core that have excellent location attributes and unbeatable views. At the time of writing, there were several listings for penthouse units in Eden Residences Capitol, One Shenton and V On Shenton. These developments are all 99-year leasehold properties located along Shenton Way and in District 1. Shenton Way is undergoing a rejuvenation, with the nearby IOI Central Boulevard Towers expected to obtain TOP in 1Q2024. Additionally, the nearby Shenton House was recently sold via a collective sale. Both condos are a short walk away from Shenton Way MRT Station, Lau Pa Sat and Amoy Street Food Centre.Savvy buyers might consider investing in a condo unit along Shenton Way to benefit from the transformation of the neighbourhood. There was a listing for a penthouse unit with an asking price of $33 million ($3,611 per square foot). The 9,138-sq ft unit has four bedrooms, a study, and a rooftop private pool. For those with a smaller budget, there was a listing for a penthouse unit with an asking price of $21 million ($3,795 psf). The unit in V on Shenton is much smaller than the unit in One Shenton, being only 5,533 sq ft in size and having only four bedrooms.

Marina South is undergoing a transformation as part of URA’s plans to develop the precinct into a mixed-use and community-centric district. Those who enjoy city living, while having easy access to numerous amenities, might want to check out the condo developments in the Marina Bay area. At the time of writing, there were several listings for Marina One Residences and Marina Bay Residences. These condos are both 99-year leasehold properties located within a 500-meter radius of each other in District 1, and within walking distance of three MRT stations; namely Marina Bay, Downtown, and Shenton Way MRT Stations. At the time of writing, there was a listing for a 8,310-sq ft unit on the penthouse level with an asking price of $19.9 million ($2,395 psf). A five-bedroom unit on the penthouse level of Marina Bay Residences also has a slightly lower asking price of $19.5 million. However, its smaller size (4,478 sq ft) means that it has a higher unit price of $4,355 psf.

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. This is in contrast to District 6, which saw a 30% price growth over the same timeframe to the current average price of $3,312 psf, and to District 1, which saw a 5% dip in the average price to the current price of $2,000 psf.

We searched through the sales listings on EdgeProp and discovered several spacious condo units in the Downtown Core that have excellent location attributes and unbeatable views. At the time of writing, there was a listing for a penthouse at Eden Residences Capitol with an asking price of about $26.1 million ($4,372 psf). The five-bedroom unit is 5,963 sq ft in size. Additionally, there was a listing for a four-bedroom unit with an asking price of $33 million ($3,611 per square foot) in One Shenton and a unit in V on Shenton with an asking price of $21 million ($3,795 psf).

From integrated green and car-free zones to hi-tech homes with solar panels, Tengah EC residents are enjoying a luxurious lifestyle in a high-tech environment. Furthermore, with a wide variety of amenities and facilities nearby, Tengah Town EC is perfect for anyone seeking a convenient and comfortable living space. With ample public transport options nearby, including bus, MRT, and LRT, it is easy for residents to get around town. There is also a great selection of schools and medical facilities available, making it an ideal place to raise a family. Overall, Tengah Town EC provides a top-class executive condominium for those who are looking to invest in Singapore’s smart future.

Residents in the Downtown Core and Marina Bay area can enjoy the convenience of being in the heart of a bustling city and breathtaking views of Singapore’s CBD skyline, as well as the expected improvements to the neighbourhood from the ongoing transformation. Savvy buyers can take advantage of the listings available and invest in a condo unit to reap the benefits.