Now that we are at the second half of 2017, how has the rental market performed the last 6 months?
The top 3 most popular rented districts are District 9 Orchard with 5,539 transactions, followed by District 15 East Coast with 5,113 transactions and District 10 Bukit Timah with 4,788 transactions.
Why is District 9 Orchard Road so popular?
District 9 Orchard is well known for its iconic retail and entertainment district, filled with flagship stores of local and international brands. While e-commerce has attracted shoppers looking for value buys, many still prefer to purchase higher value items in store. Premium shopping destinations such as Singapore’s Orchard Road, London’s Bond Street, Japan’s Ginza and New York’s Fifth Avenue will continue to attract traffic.
Check out these secret gems in Orchard
1) My Art Space cafe in Istana Park offers Art Jam sessions for guests to enjoy creating art pieces with the companion of music in a cafe situated along a strip of greenery. Creative painting workshops are also available for beginners.
2) Ion Sky is a 218m high, glass-walled observatory on level 56 of Ion Orchard, providing a stunning cityscape view through state-of-the-art telescopes. Additionally, the high-tech viewing devices will show a history of what Orchard shopping belt used to be.
3) learn how to grow your own edible urban garden while on a tour of the rooftop farm. Comcrop at *Scape, supplies vegetables and herbs to some of Singapore’s best eateries and bars. It has an orchard of everything from habanero and ghost peppers to basil and mint. The green oasis is employed with aquaponics – where fish waste is channelled to provide nutrients.
There is definitely much to explore in Orchard.