Investing in Luxury Real Estate

By accessibleproperty

February 15, 2022

Looking to invest in luxury real estate in Singapore? A good home is not only a valuable asset but is a place for families and individuals to recharge, unwind, connect, and bond. The COVID-19 pandemic has served to underscore the need for creating beautiful, safe havens that offer the privacy people seek while remaining connected to the community members.

Luxury real estate trends in Singapore

Singapore has long been known as a prime destination for those looking to invest in luxury real estate, given its financial stability, premium quality housing projects, and optimal infrastructure. Properties are sought after both by expats and locals in Singapore. Having a luxurious home in Singapore's prime areas is a dream come true for many investors.

The real estate market has shown remarkable resilience despite the disruption of the pandemic, registering a steady growth in sales of various types of properties. More buyers are seeking bigger houses after being cooped up during lockdowns in their homes.

Millennials are seen as the key drivers of the record demand for luxurious, private property. From penthouses, luxury condos to high-end apartments, there has been a growing interest in luxury real estate properties in recent times. Attention-grabbing deals hit the headlines in 2021, with twelve penthouses being sold in CCR (Core Central Region) while many GCB (Good Class Bungalow) sales also were recorded.

In the third quarter of 2021, 4267 new units were sold, according to government data. Apart from new projects such as Liv at Mb,

developers are increasingly looking to redevelop older properties to meet the soaring demand for homes in Singapore.

In addition, integrated developments such as Liv at MB have also captured the attention of home buyers. Whether you are looking to upgrade your lifestyle, enjoy the refreshing sea breeze, or prefer an elegant home that is close to all amenities, Live at MB is the right choice.

Key features of Live at MB

Some of the key things homeowners look for when investing in luxury real estate - apart from the quality of construction and interiors of the home - are:

  • Great location
  • Easy access to amenities
  • Outdoor avenues and green spaces
  • Proximity to schools and educational institutes
  • Healthcare

Located along Arthur Road in District 15, Live at MB is an upcoming luxury condominium project being developed by Bukit Sembawang Estates Limited. A notable feature is that the condos are close to Singapore's Central Business District and the Katong Park Station, which is expected to be completed by 2023. The project is also just an 18-minute drive away from Changi airport, which adds to the convenience of future residents.

The project features a balanced mix of one, two, three, and four-bedroom units, making up 298 units in total. While the development will have all the facilities located within, the easy access to the East Coast Park ensures residents of Liv at MB enjoy a wide range of outdoor activities. Apart from being close to schools and educational institutes of repute, Liv at MB is just minutes away from clinics and hospitals.

Quality finishes and well-planned interiors add to the luxury condo's appeal.