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Real Estate Realities by Ku Swee Yong

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1.

When luxury meets liquidity

— Collectibles in the luxury residential market

9 January 2013, The Business Times

Considering that investment in a luxury apartment in Singapore? The timing smells ripe, with the slew of policy measures having effected a near-zero price growth in the luxury, non-landed residential segment in the last twelve months.

But what are luxury apartments, where are these located and how should one invest? Recent advertisements of new launches, even those located in the outskirts of Singapore, claim to offer that luxurious lifestyle too. Amid the hype in their advertisements, full marble flooring in the living room of an apartment in Sengkang does not a luxury apartment make — nor does top-of-the-line German kitchen ...

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