FoundOnEdgeProp: Jaw-dropping downtown homes with views

on EdgeProp.sg.Residents of 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. With the recent transformation of Marina South and the upcoming developments in the area, more people are expected to move to the Downtown Core.We were able to search through the sales listings on EdgeProp and discovered several spacious condo units in the Downtown Core that have excellent location attributes and pocket-pleasing prices.

There’s also a wide selection of eateries ranging from fine-dining restaurants, cafes, and bakeries to fast food stalls and takeaway joints. Holland Drive Condo is located just a few minutes away from Holland Village MRT Station, making it easily accessible. It’s a great choice to satisfy your shopping and dining needs.

Residents of the Downtown Core Planning Area can enjoy the best of city living with breathtaking views of Singapore’s CBD skyline. Located in District 6, the 99-year leasehold development of Eden Residences Capitol with 39 units, retail outlets and a restored theatre obtained temporary occupation permit (TOP) in 2016.

It is also conveniently located near to City Hall MRT Station, Raffles Hotel, Raffles City, the Esplanade, St. Andrew’s Cathedral, and the Singapore Management University. Currently, a penthouse at Eden Residences Capitol is listed at an asking price of around $26.1 million ($4,372 psf).

On the other hand, the nearby Shenton Way is undergoing a rejuvenation with the topping-out ceremony of nearby IOI Central Boulevard Towers held in August and expected to obtain TOP in 1Q2024. It features two office towers and 30,000 sq ft of retail and food and beverage spaces. In addition, Shenton House was recently sold via a collective sale and will likely be redeveloped into Grade A office space and luxury-branded serviced residences.

Savvy buyers might consider investing in a condo unit along Shenton Way. Currently, a penthouse-level unit is listed at $33 million ($3,611 per square foot). It is a 9,138-sq ft four-bedroom unit with a rooftop private pool. A much smaller penthouse unit in V on Shenton (510 units) located a short walk away from Shenton Way MRT Station, Lau Pa Sat and Amoy Street Food Centre has an asking price of $21 million ($3,795 psf).

With the transformation of nearby Marina South, residents of nearby Marina Bay are expected to benefit from the increased vibrancy and additional amenities in the area. Two 99-year leasehold condos–Marina One Residences and Marina Bay Residences–are located within a 500-meter radius of each other in District 1 and are 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 of Marina One Residences with an asking price of $19.9 million ($2,395 psf). Marina Bay Residences has a slightly lower asking price of $19.5 million with the 5-bedroom unit being only 4,478 sq ft in size, at 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 grew 12% to the current average of $2,478 psf. In comparison, leasehold condos in District 6 saw a 30% price growth while prices in District 1 dropped by 5%. Check out the latest listings for Eden Residences Capitol, Marina Bay Residences, Marina One Residences, One Shenton and V On Shenton on EdgeProp.sg.