When you purchase a property, you are not just buying a home-you are buying a lifestyle.
It is unknown whose words these originally were, but they describe the property trends for 2024 in a nutshell-and these trends are only going to get bigger and bolder as the year goes on.
There is a surge in awareness and informed discernment among buyers, especially young professionals, who are looking for an investment that fits in with their lifestyle needs and long-term planet goals. Property developers, in turn, are focusing their energies on delivering something to scale that is luxurious, high quality, bespoke and uber organic, with a redefinition of ostentation, says Liam Bailey, partner and global head of research at Knight Frank.
The trend towards modern design and low-maintenance furnishings is becoming increasingly evident, and mirrored in the form of interiors that are not only visually appealing but also functional and easy to upkeep, says Dora Chng, director of residential at Singaporean real estate group GuocoLand. "This movement aligns with a broader societal pivot towards minimalism and sustainability, emphasising the importance of stylish and pragmatic designs," she says.
"An increased awareness of sustainability and well-being is being expressed in consumer demand for qualities like amenities, energy efficiency, materiality and service, redefining the meaning of 'prime' for commercial properties and high-end homes alike," adds Richard Baumert, managing partner at American luxury property development firm Millennium Partners.
This has become a global criterion, albeit that adherence is controlled by how the different markets define the individual components and the buyers' specific needs.
RESILIENT MARKETS
Denne historien er fra June - July 2024-utgaven av Tatler Homes Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra June - July 2024-utgaven av Tatler Homes Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
ELEMENTS OF MIRÓ
The vivacious, eclectic and emotive work of artist Joan Miró inspired this apartment design by PI Architects
A MEETING OF HAIVES
SuMisura crafts a perfectly personalised family home that incorporates a couple's disparate design preferences harmoniously
ALL THAT GLITTERS
The Poroda House by Makhno Studio blends classic and contemporary influences to reinterpret the golden age of cinema with all the sophistication and none of the pomp of the bygone era
The Art of the Bespoke
At The Residences at W on Sentosa Island, interior design firm Chalked masterfully crafted distinctive interiors for its Flamingo lounge and multiple residential units, including a ground-floor and a penthouse apartment, each showcasing its full potential through innovative design and thoughtful functionality
CURATING NARRATIVES
Step inside the art-filled home of Krystina Lyon and Mark Budden, showcasing a deeply personal collection of contemporary Southeast Asian works and midcentury treasures
A Vibrant Kind of Comfort
Architology Interiors transforms a Singapore apartment into a stunning sanctuary using bold, statement-making furniture from Roche Bobois, resulting in a unique blend of style and comfort
THE SECOND RENAISSANCE
Refreshed by its original interior designer after two decades, this home harmoniously blends art and design into a cosy medley of colour and elegance
Tactile Futures
Delve into how architects are bridging the gap between time-honoured craftsmanship and high-tech design to uncover new possibilities for the built environment
Your Very Own Next-Door Paradise
Discover the allure of Anantara Desaru Coast Residences, where luxury meets the serene beauty of the Malaysian coastline, offering a breathtaking escape for discerning Singaporeans
All in the Family
With over 40 years of experience, Edmund Kok has built a legacy now carried forward by his sons. Together, they helm design firm Trace Design & Build, which excels at crafting luxurious, bespoke landed properties
