Mind the perils of buying a minority stake in a landed home
Why purchasing a one-seventh interest in 5 Oxley Rise could be a big gamble
[SINGAPORE] Freehold landed homes sitting on sprawling grounds in prime districts can offer a compelling proposition to the rising number of super-wealthy Singapore citizens.
One such property situated atop a hill in the heart of District 9 and near Orchard Road, 5 Oxley Rise, houses a two-storey bungalow with single-storey outhouses.
Including an access road bordering its eastern boundary, the site’s total land area is around 151,204 square feet (sq ft). According to the Master Plan 2025, the main plot of about 117,229 sq ft is zoned for two-storey envelope mixed landed housing.
TRENDING NOW
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects