Shop. Work. Study. Lifestyle. Dine. Connect.
Rarely can you put all these words into a single neighbourhood. But Bugis is quickly and truly morphing into a worthy piece of real estate that embodies them all.
Culturally vibrant city fringe district
Bugis is one of Singapore’s oldest districts. From the preserved architecture of Kampong Glam to the various dining experiences along Beach Road to the museums and places of worship on Victoria Street and City Hall, Bugis sits at the heart of a district which draws from Singapore’s colonial past and diverse heritage.
With the newly minted Downtown Line now passing through it, Bugis is now more connected than ever to the nearby Central Business District. The Suntec City Convention centre, Esplanade performing centre and Marina Bay are just a quick bus, car or train ride away.
Expanding property prospects with new developments
The area is particularly attractive to expatriates and young professionals. Previously an area with limited living options, the new DUO mixed-use development will revitalise the district even further.
In a Malaysia-Singapore collaboration to develop 2 land parcels in Ophir-Rochor, the DUO presents itself as the latest shining gem in the Bugis area. Almost all of its residential units have been sold despite the real estate lull of previous years, which testifies to buyers’ confidence.
The other rare commodity here are the shophouses which many businesses will hanker after.
There are multiple possibilities for property investment here. With rental rates for non-landed private 1-bedroom apartment units here rising steadily since 2015, this city fringe district is certainly one to watch.