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Why there is demand for Singapore luxury homes

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In future, private homes in District 4 may even see demand from foreign buyers as it is developed as part of the Greater Southern Waterfront.

In future, private homes in District 4 may see demand from foreign buyers as the area is being developed as part of the Greater Southern Waterfront.

ST PHOTO: LIM YAOHUI

Christine Sun

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Luxury properties in Singapore are experiencing a resurgence in 2025, contrasting sharply with the declining demand observed in many other global cities.

Condominiums in the prime areas that were transacted for at least $5 million surged by more than 25 per cent in the first three quarters of 2025, while sales of ultra-luxury condominiums that exceed $10 million hit a three-year high. Good class bungalows (GCBs) also saw an increased interest.

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