Tag: prime districts
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Wealthy Singaporeans Lead the $5 Million+ Luxury Home Surge
Overview: A Shift in Singapore’s Luxury Market Singapore’s luxury residential scene is evolving as wealthy local buyers increasingly capture the lion’s share of transactions priced at $5 million and above. While foreign buyers still participate, they remain a smaller fraction of the market due to tighter stamp duties and ongoing regulatory measures. This shift is…
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Singapore Luxury Homes: Wealthy Locals Lead $5m+ Purchases
Surge in Locals-Driven Luxury Purchases In Singapore’s high-end property segment, local buyers have emerged as the dominant force behind the most acquisitive transactions. Real estate analysts note that the share of $5 million and above purchases now increasingly comes from wealthy Singaporeans who are prioritising size, amenities, and privacy in their dream homes. While the…