Tanjong Pagar, a pocket of luxury and culture within downtown Singapore, has transformed into a hub for high-end living. The neighborhood, nestled around Marina Bay and the financial district, boasts colonial architecture, temples, mosques, and Peranakan heritage sites.
Developers have capitalized on government schemes to incorporate residences in their projects, resulting in an influx of upscale developments such as Wallich Residences and Guoco Tower. Ultra-luxury penthouses can be found, with prices ranging from $2 million to $30 million per square foot.
The area is a melting pot of cultures, attracting residents who want to experience Singapore’s diverse heritage. The median price for units in Tanjong Pagar ranges from S$2,800 to SGD$3,500 per square foot, making it an attractive option for white-collar workers and luxury seekers.
Notable residents include James Dyson and Leo KoGuan, among others, who have invested heavily in the area’s prime properties. The neighborhood is also home to several trendy gyms, eateries, and bars, earning its reputation as one of Singapore’s coolest neighborhoods.
The Tanjong Pagar MRT station, located on the East-West line, provides easy access to the city center, while nearby Maxwell station connects to a new lifestyle hub, Kada. With an expected 6% growth in the coming years, this area is poised for continued success as it expands and evolves.
Source: https://www.mansionglobal.com/articles/singapores-old-fishing-port-is-now-a-haven-for-business-moguls-df4a73a3