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Discovering the Perfect Affordable Resale Leasehold Flat
When Tania arrived in Singapore seven years ago for a new job, she was elated to find that the city was more than a manufactured metropolis of glass, shopping and steel towers.
Instead, she said, she found a safe, vibrant, cosmopolitan social scene and a natural wonder. “Contrary to what most people think, nature is everywhere,” she said. “Singapore is the perfect combination of living in a global business hub with access to the Botanic Gardens and Sentosa’s beaches.”
Living in a rented apartment in the district of Orchard, she longed for a place where she could truly plant her roots — a flat that didn’t just offer shelter but also a sense of belonging. Raised near the Cape, she landed in Singapore in 2016 to work at one of the big tech companies. She lived in a rental house as the city grew around her. Every evening, as the sun dipped below the horizon, casting a golden glow over Singapore’s skyline, Tania dreamt about a home that wasn’t hers yet.
She was ready to search and buy a flat for sale in Singapore. Searching for a flat isn’t as straightforward as it may seem. Overpaying or buying a property in the wrong neighbourhood can mean the difference between leaving a lot of money on the table when selling.
Last year, she considered investing in property back home in Massachusetts for an additional income stream. Still, with the prices and inflation rates surging in the United States, the returns wouldn’t make it worthwhile. Meanwhile, Singapore was experiencing its own boom, fueled by limited properties available and a bevvy of local buyers: Home prices rose 6.7 percent in 2023.
With her monthly rent set to increase by roughly 30%, Tania grew more comfortable investing her money in Singapore. With a budget of about $3.1 million for a two-bedroom flat in one of Singapore’s higher-end condos, she was referred to the team at Singapore Luxury Homes (SLH).
Sunita Gill, cofounder and COO of Singapore Luxury Homes, calls it a promising year for Singapore homebuyers as “developments recalibrate their pricing and the market growth takes on a more moderate pace shifting towards more realistic pricing”.
Tania wanted to focus her search on new launches but found those in her budget too small. So Gill instead recommended a couple of leasehold condos in older buildings that she had identified as having bigger floor plans than some of their newer counterparts.
“While leaseholds were typically second to freehold properties, the increase in just slightly older but larger footprint of leasehold properties might be the perfect buy for shorter-term investments. Many older flats in Singapore come with huge windows, a balcony and extra space for visitors, which were deal breakers,” explains Gill.
With expert guidance from the SLH team, Tania’s search led her to a flat that felt like more than just an investment: it felt like home. Gill helped Tania understand a financial model that allowed her to negotiate a higher-priced property that made sense with the continued growth of Core Central Region prices at 11% between 2021 and 2023 and secured the property within her initial budget. The older leasehold condo she chose had the expansive floor plan she desired, along with the charm and character that newer buildings often lacked. The purchase of the flat culminated years of hard work and marked a new chapter in a city that had become her second home.
If you’re in the market for a flat for sale or resale in Singapore like Tania, take a look at some of our top recommendations for resale flats for sale in Singapore:
Penthouse Duplex Flat with Garden Patio at Rochelle@Newton
188 Keng Lee Rd, S308414 | $3,800,000 | 4 Bedrooms | 2,293 sq ft
A luxurious penthouse at Rochelle@Newton is set to be yours. The four-bedroom and four-bathroom property, spread across 2,293 square feet, offers ample space for living, working and entertaining. This penthouse is perfect for a small family looking to balance the vibrancy of urban life between Orchard and Bukit Timah roads within a peaceful side street just off Newton Circus.
The penthouse’s expansive layout is inviting, featuring large windows that flood the space with natural light and offer city views. The living area opens onto a spacious balcony, ideal for enjoying the stunning sunsets. The modern kitchen, equipped with high-end appliances, provides a perfect setting for both everyday meals and hosting dinner parties.
The master suite on the second level boasts a luxurious en-suite bathroom. An unexpected delight is the expansive outdoor private garden patio off the second level, exclusively yours to enjoy.
This penthouse at Rochelle@Newton, blending style, luxury and location perfectly, is a must-see for those seeking a luxurious and convenient lifestyle.
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Freehold Watten House Flats Come to Bukit Timah Corridor
36 Shelford Road, S288429 | $6,000,000 | 4 Bedrooms | 1,851 sqft
Watten House is a freehold condominium development located in the heart of Bukit Timah, Singapore. This mid-rise property is nestled along the Bukit Timah green corridor, surrounded by a high concentration of Good Class Bungalows and landed homes, making its location a rare commodity.
Artistic impressions of Watten House flat for sale.
The 4-bedroom, 1,851-square-foot property at Watten House offers a spacious and luxurious living experience. The residence features high-end finishes, including stainless steel appliances and wood-style flooring, blending elegance with practicality. Each room is designed to provide a personalised living experience, with ample natural light and ventilation.
Residents of Watten House can enjoy a range of luxurious amenities, including hospitality-grade facilities and exquisite finishes. The neighbourhood offers a unique blend of high-end urban living within a short walk to small eateries, tree-lined streets, and the tranquil Bukit Timah Nature Reserve, just moments away. Overall, this property at Watten House is a highly desirable residence that offers the best of both worlds – tranquillity and excitement.
Its luxurious amenities, prime location, and refined design make it ideal for those seeking a balanced lifestyle amidst the city’s pulse.
Discover more about Watten House
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Designer Penthouse Duplex Flat at Marina Collection
13 Cove Road, S098327 | $8,900,000 | 5 bedrooms | 3,789 sq ft
The Marina Collection Penthouse is a bold and distinctive residence that embodies the essence of luxury living. This penthouse condo is located in the prestigious Sentosa Cove and offers a unique blend of modern design and breathtaking waterscape views.
With its 3,789 square-foot floor plan, the residence provides ample space for the modern family to live and entertain in style. The duplex, four-bedroom design is a masterclass in luxury, featuring refined finishes and lavish amenities that cater to the most discerning tastes. From expansive living areas to private balconies, the Marina Collection Penthouse is a true masterpiece of coastal living, offering a serene and exclusive retreat from the hustle and bustle of city life.
See the luxury at the Marina Collection Penthouse
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Klimt Cairnhill Flat For Sale
71 Cairnhill Road, S229725 | $5,250,000 | 3 Bedrooms | 1,496 sq ft
Klimt Cairnhill is a luxurious freehold condominium located at 71 Cairnhill Road in the heart of District 9, Singapore. This high-rise development offers a range of flats for sale, including 2- to 6-bedroom residences, developed by Low Keng Huat and designed by DP Architects, with 138 units spread across 36 storeys.
The 3-bedroom unit at Klimt Cairnhill offers a spacious living area of 1,496 square feet. The residence is designed with luxury and convenience in mind, featuring high-end finishes and modern amenities. Residents can easily access the city’s attractions, with Newton MRT and Newton Food Centre just a short walk away. The property is also close to prestigious educational institutions, including Anglo-Chinese School (Junior) and EtonHouse International Pre-School.
Klimt Cairnhill offers a range of amenities, including a swimming pool, gym, and communal gardens. The property is expected to TOP in October 2025. With its prime location between Orchard Road and Newton Circus, luxurious design, and modern amenities, Klimt Cairnhill is an ideal choice for those seeking a high-end living experience in the heart of Singapore.
ConNECT WITH OUR TEAM
If you’re looking for a luxurious flat in Singapore, look no further than Singapore Luxury Homes. Our team of experts, led by Sunita Gill, cofounder and COO, is personally dedicated to helping you find your dream home. With years of experience and extensive knowledge of the Singapore property market, the SLH team can guide you through finding the perfect property that meets your needs and budget.
Whether you’re looking for a luxurious penthouse, a spacious leasehold resale flat, or a stylish freehold penthouse, we have the expertise to help you make the right choice. Contact us today to schedule a consultation, and let us help you find your ideal home in Singapore.
