Bungalow Singapore
Embarking on the journey to find your dream bungalow in Singapore can be an exhilarating adventure. Itâs about discovering that perfect blend of luxury, comfort, and style, all within the vibrant city-island nation that pulsates with cultural diversity and modern flair.
The best popular bungalows neighbourhoods in Singapore are Bukit Timah, Sentosa Cove, Holland Village, Katong/Joo Chiat, and Tanglin.
When seeking out your ideal bungalow in Singapore, itâs crucial to consider the delicate balance between location proximity to essential amenities and the tranquility that a private, exclusive space offers.
Each bungalow in Singapore stands as a testament to architectural elegance, marrying the countryâs rich heritage with state-of-the-art modern living.
So, letâs dive in and explore what makes a bungalow in Singapore not just a house, but a home that echoes with exclusivity and sophistication.
Quick Summary
- Best popular bungalows neighbourhoods in Singapore are Bukit Timah, Sentosa Cove, Holland Village, Katong/Joo Chiat, and Tanglin.
- It is essential to consider the location, nearby amenities, architectural style, and the propertyâs potential for future value appreciation when investing in a bungalow in Singapore.
- A bungalow in Singapore is not just a home, but a symbol of affluence, providing a unique blend of privacy, space, and the luxury of living in some of the cityâs most prestigious neighborhoods.
What is a bungalow?
A bungalow is a type of residential building commonly found across the world, including Singapore. Typically, a bungalow is a standalone structure, single-story or with a small second-story set in the roof, and surrounded by green space. In Singapore, the term âbungalowâ often refers to a class of detached houses that are privately constructed and owned, featuring luxurious homes and spacious layouts. These homes generally exude an aura of exclusivity and privacy, making them a popular choice among the affluent in Singapore.
Key Considerations
- Price: Bungalows are among the priciest properties due to their rarity, size, and prestige. Itâs essential to have a clear understanding of your financial situation before considering this type of home.
- Location: Bungalows are strategically located in prestigious neighborhoods. Check the proximity to amenities such as schools, shopping centers, transportation, and healthcare facilities.
- Maintenance: Due to their size and complexity, these houses come with significant upkeep costs. Regular maintenance is crucial for retaining the propertyâs value.
- Property Age: Some bungalows are decades old. While they offer a unique charm, they might also need costly renovations or restorations.
- Land Tenure: Bungalows can be either freehold or leasehold. Itâs crucial to understand the differences and how they can affect the homeâs value over time.
Why are bungalows so popular?
Bungalows enjoy a high level of popularity primarily due to the unmatched level of privacy, exclusivity, and luxury they offer. Their standalone nature and spacious layout provide residents with a sense of freedom and independence that is hard to find in high-rise apartments or condominiums.
Also, their location in prestigious neighborhoods adds to the allure, often offering residents stunning views and access to top-notch amenities. Furthermore, owning a bungalow in Singapore is seen as a status symbol, reflecting the ownerâs financial success. For some, the appeal lies in the architectural grandeur and the potential for customization, allowing owners to create a home that is truly their own.
Therefore, despite the high price and maintenance, the demand for bungalows remains strong among those who value privacy, luxury, and the freedom to design their living spaces.
Best popular bungalow neighbourhoods in Singapore?
Singapore boasts several prestigious neighbourhoods that are known for their luxurious bungalows:
1. Bukit Timah
Known for its lush greenery and proximity to nature reserves, Bukit Timah is a popular residential area for those who appreciate tranquillity and serenity. The bungalows here are often surrounded by trees and offer easy access to several top schools.
2. Sentosa Cove
This exclusive residential enclave on Sentosa Island is home to some of Singaporeâs most luxurious waterfront bungalows. Living here offers residents the unique experience of resort-style living all year round.
3. Holland Village
A favourite among expatriates, Holland Village is a vibrant neighbourhood with its eclectic mix of restaurants, cafes, and shops. The bungalows here are often nestled in quiet lanes, offering a peaceful retreat from the bustling city.
4. Katong/Joo Chiat
This neighbourhood is known for its rich Peranakan heritage, and the bungalows here often reflect this in their architecture. Itâs a great place to live if you appreciate history and culture.
5. Tanglin
Located near Orchard Road, Tanglin is one of the oldest and most prestigious residential areas in Singapore. The bungalows here are surrounded by embassies and high-end shopping malls, making it a sought-after address for the well-heeled.
These neighbourhoods offer a diverse range of lifestyle options for potential bungalow owners in Singapore, catering to different tastes and preferences.
How much does a bungalow cost?
The cost of a bungalow in Singapore can vary greatly depending on several factors such as location, size, and land tenure, among others. On average, prices can range from a few million dollars to over $30 million for premium properties in exclusive neighborhoods. More affordable options in suburban areas can start from around $2 million, while luxurious bungalows in prime districts like Sentosa Cove or Bukit Timah can fetch tens of millions. Itâs important to note that these prices are highly subject to market fluctuations and other real estate dynamics. Prospective buyers are encouraged to seek professional advice to understand the financial commitment involved in purchasing a bungalow in Singapore.
What should I know when buying a bungalow in Singapore?
1. Citizenship Eligibility Criteria
Only Singapore citizens can purchase and own a bungalow (this applies for all landed housing) â this is probably to prevent undue speculation from foreigners and thus a large spike in property prices.
However, if you are a Singapore Permanent Resident, however, you can apply to the Singapore Land Authority (SLA) for purchase.
Do note that applications are evaluated on a case by case basis, so there isnât a guarantee youâll get a bungalow after you submit an application.
Word on the street, however, is that the success rate of this application is largely determined by two factors: if you have held your Permanent Resident status for at least five years, and if you have made an exceptional economic contribution to Singapore.
This is typically due to the employment income assessable for tax in Singapore, which explains why non-Singaporeans like James Dyson and Robert Kuokâs daughter have acquired landed property.
2. Redeveloping Other Landed Housing into Bungalows
Outside of Good Class Bungalow areas, if youâre keen on purchasing a terrace or semi-detached house to redevelop into a bungalow house, you may be able to. However, there are a number of considerations to take into account.
According to the URA, a terrace or semi-detached house can be redeveloped into a bungalow if it follows the minimum bungalow plot size of 400 square metres (or 4305.56 square foot) and plot width of 10 metres. With regards to semi-detached houses, the previously attached house must also meet this required plot size and width so that it can be redeveloped into a bungalow as well.
As for terrace houses, the adjoining terrace must be big enough to become a corner terrace unit in the future, with a plot size of at least 200 square metres (or 2152.78 square foot) and a plot width of 8 metres.
3. ABSD Taxes
For those who have purchased property before, remember that you have to account for Additional Buyerâs Stamp Duty (ABSD) taxes. Widely disparaged by second and third-home buyers (and understandably so), ABSD rates were increased from 7% to 12% after 2018 property cooling measures were amped up to full gear.
In recent news, the ABSD rates have increased to 17% after the 2021 property cooling measures went into full gear.
First-time landed homeowners, youâll still be affected â youâll have to pay up ABSD temporarily, and the amount will only be refunded to you once youâve sold your previous property within a 6-month window.
Bungalow Singapore
Owning a bungalow in Singapore, whether itâs a traditional black and white bungalow or a modern architectural marvel, is a symbol of prestige and luxury. These homes, especially located in the prime residential districts, offer a lifestyle that combines opulence, privacy, and the freedom to personalize your living space.
Factors such as minimum plot size come into play, particularly if youâre keen on redeveloping a terrace or semi-detached house into a bungalow. Despite the substantial financial commitment involved, the ample space, grandeur, and charm of a bungalow in Singapore make it a coveted type of property for those seeking a unique and luxurious living experience.
Remember, owning a bungalow is not just about owning a piece of real estate; itâs about owning a lifestyle.
Since youâve made it to the end, why donât you check out more of our blog posts down below:
- Ultimate Prime Location Housing Singapore Guide (2024)
- Ultimate HDB Singles Scheme Singapore Guide (2024)
- Ultimate Cluster House Singapore Guide (2024)
- Ultimate Property Valuation Singapore Guide (2024)
Frequently Asked Questions
If you have any questions about Bungalow Singapore, you can refer to the frequently asked questions (FAQ) below:
What are the best popular bungalows neighbourhoods in Singapore?
The best popular bungalows neighbourhoods in Singapore are Bukit Timah, Sentosa Cove, Holland Village, Katong/Joo Chiat, and Tanglin.
What is a bungalow in Singapore?
Bungalows are independent dwelling units which are usually one- or two-storeys high. They were first introduced into Singapore and Malaya by the British in the 1830s. They tend to be located in serene and wooded environments away from the hustle and bustle of the city.
Are there bungalows in Singapore?
Singapore has about 39 residential zones classified as Good Class Bungalow areas. Within these 39 zones, the Urban Redevelopment Authority of Singapore (URA) dictates that Good Class Bungalows must be located in prime residential Districts 10 and 11, or in the bungalow estates of Districts 20, 21, and 23.
What is a good class bungalow in Singapore?
They are considered to be the pinnacle of real estate and are highly sought after by the ultra-wealthy. To be classified as a GCB, the property must have a minimum plot size of 1,400 square metres and a maximum height of 12 meters.
What is the average price for a bungalow?
As of 2022, the average price for a bungalow was 340,000 British pounds, a significant increase from the year before. The smallest value for the simple average house price of bungalows since 2010 was in both 2011 and 2012, when an average price of bungalow dwellings of 221,000 British pounds was recorded.
Can I build a swimming pool in my bungalow in Singapore? How does it affect site coverage?
Yes, you can build a swimming pool in your bungalow in Singapore. However, itâs important to note that site coverage regulation applies. Site coverage pertains to the percentage of the land area that can be covered by the building. Any additions such as swimming pools or decks will be considered in the total site coverage. Itâs advisable to consult with an architect or town planner to ensure you meet all regulations.
I heard there are restrictions on the height of bungalows. Can I build my bungalow two storeys high or add a new basement?
Bungalows are typically allowed to be built up to two storeys high. However, the exact height restriction can vary based on the local planning regulations in the specific neighbourhood. As for basements, they are generally not counted towards the Gross Floor Area (GFA) or site coverage, so you can add a new basement without affecting these calculations. However, do ensure to check with the relevant authorities regarding any specific rules or restrictions.
Are there any bungalows in Singapore that have a history dating back to World War II?
Yes, some bungalows, especially those known as âblack and whiteâ bungalows, have a rich history that dates back to the colonial era and World War II. These homes were often inhabited by senior military officials and civil servants during that time. These bungalows not only offer a luxurious lifestyle but also a unique historical charm, making them highly sought-after homes in Singapore.
What is the process of purchasing a bungalow in Singapore as a foreigner?
Purchasing a bungalow in Singapore as a foreigner isnât a straightforward process due to regulations set in place by the Singapore Land Authority (SLA). Foreigners, including Singapore Permanent Residents, need to apply directly to the SLA for permission to purchase a bungalow. Applications are evaluated on a case-by-case basis, and approval is often influenced by factors such as the length of the applicantâs Permanent Resident status and their economic contribution to Singapore.
Are there any additional costs to consider when buying a bungalow in Singapore?
Yes, apart from the property price, there are additional costs to consider when purchasing a bungalow in Singapore. These include the Additional Buyerâs Stamp Duty (ABSD), legal fees, agentâs commission, and property taxes. The ABSD rate for Singapore citizens buying their first property is currently 0%, but it increases for subsequent properties. Singapore Permanent Residents pay 5% ABSD for their first property and foreigners pay 20%. Itâs also important to budget for renovation costs, particularly if you plan on redeveloping a landed property into a bungalow.
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