Is buying a property in Tanglin a good investment?

Last updated on December 20, 2023

Yes, the analysis of Singapore's property market is included in our pack

If you've admired the leafy streets and upscale living in Tanglin, you may have thought about calling this prestigious Singapore neighborhood your tranquil and sophisticated residence.

Is it a good idea though? What's the current state of the real estate market in that area? Are property values appreciating or depreciating? Are investors seeing returns on their real estate investments? How's the demand for rentals?

We'll answer all these questions for you! When building and updating our property pack for Singapore, our team has been researching and surveying this area. In fact, there is significant customer interest in investing there. Therefore, we believe it would be beneficial to include some information about it in our property pack.

Why do property buyers like investing in Tanglin?

Tanglin in Singapore stands out as a highly sought-after location for property buyers, and there are several reasons why it's so appealing.

First and foremost, its unique blend of tranquility and accessibility sets it apart from other real estate markets in Singapore. Unlike many bustling areas, Tanglin offers a serene environment, making it a haven for those who crave a peaceful living space within the city's boundaries.

What really makes Tanglin stand out is its rich history and cultural significance. This area has been a symbol of prestige and luxury for quite some time. It became particularly popular in the late 20th century, as Singapore's economy started booming, attracting affluent locals and expatriates alike.

This popularity isn't just a fleeting trend; it's backed by Tanglin's enduring qualities like its well-preserved heritage buildings, lush green spaces, and a sense of exclusivity.

Now, consider the kind of people Tanglin attracts. It's a favorite among well-to-do professionals, expatriates, and families looking for a harmonious blend of modern amenities and cultural richness.

The presence of top-notch international schools, embassies, and exclusive clubs adds to its allure for this demographic. They're drawn not only by the prestige but also by the convenience and quality of life Tanglin offers.

However, it's important to note that Tanglin, like any other area, has its drawbacks. The high property prices and cost of living can be a significant barrier for many.

Also, for those who thrive on the hustle and bustle of city life, Tanglin's serene environment might feel a bit too removed from the action.

So, while Tanglin continues to be a magnet for those seeking luxury and tranquility in a central location, it's essential to weigh these factors according to individual preferences and lifestyle needs.

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Why is Tanglin a nice place to live?

Tanglin is often regarded as a nice place to live, and there are several aspects that contribute to its appeal.

Let's start with the lifestyle and culture. Tanglin is known for its serene and upscale environment. It's a place where greenery and urban sophistication meet, providing residents with a tranquil yet cosmopolitan living experience.

The area boasts beautiful parks and colonial houses, reflecting a rich historical charm mixed with modern luxury.

The expat community in Tanglin is quite vibrant. Thanks to the presence of various embassies and international schools like the Tanglin Trust School, the area is a popular choice among expatriates. This has created a diverse and inclusive atmosphere where different cultures blend seamlessly.

When it comes to living costs, it's no secret that Tanglin is one of the more expensive neighborhoods in Singapore. The cost of real estate and day-to-day living is relatively high compared to other parts of the city. This is something to consider if you're planning to move there.

Safety is a key factor that adds to Tanglin's attractiveness. Singapore, in general, is known for its low crime rates, and Tanglin is no exception. The area is well-patrolled and considered very safe, which is a significant draw for families and individuals alike.

In terms of amenities and facilities, Tanglin doesn't disappoint. You'll find top-notch healthcare facilities like Gleneagles Hospital, offering excellent medical services.

For shopping and leisure, there's Tanglin Mall and the nearby Orchard Road shopping belt, which provide a plethora of retail, dining, and entertainment options.

The quality of infrastructure in Tanglin is impressive. Roads are well-maintained, utilities are reliable, and internet connectivity is top-notch, which is crucial in today's digital age. This high standard of infrastructure enhances the overall quality of living in the area.

Accessibility is another plus point for Tanglin. It's well-connected to other parts of Singapore, making commuting relatively hassle-free.

While it might not be directly on a Mass Rapid Transit (MRT) line, the extensive bus network and nearby MRT stations like Orchard and Redhill ensure that public transportation options are readily available.

Additionally, its proximity to major transport hubs like Changi Airport makes it a convenient location for frequent travelers.

Overall, living in Tanglin offers a blend of comfort, luxury, and convenience, albeit at a higher cost. Its blend of cultural richness, safety, and high-quality amenities makes it an attractive option for those who can afford it.

How much does it cost to buy real estate in Tanglin?

If you need a detailed and updated analysis of the prices, rents and yields, you can get our full guide about real estate investment in Singapore.

Buying a property in Tanglin, can be quite an investment due to the area's prestigious status and the variety of properties available.

In Tanglin, you'll find a range of residential properties including apartments, condominiums, houses, and luxury villas. Each type caters to different lifestyle needs and preferences, but there's a noticeable demand for luxury properties, like high-end apartments and villas.

This demand stems from Tanglin's reputation as an affluent neighborhood, its serene environment, and its proximity to the city center.

Now, let's talk about the price range. In Tanglin, the property prices are among the highest in Singapore. For apartments and condominiums, prices can vary widely depending on the size, condition, and specific location.

You might encounter prices ranging from SGD 2,500 to SGD 4,000 per square meter, or even higher for luxury properties. Houses and villas, given their larger size and exclusivity, are priced even higher.

Over recent years, property values in Tanglin have shown a general upward trend. This increase is attributable to the area's continuous appeal, limited land for new developments, and the overall growth of Singapore's property market.

While there are both new developments and resale properties in Tanglin, the limited availability of land means that new developments are not as common as in other parts of Singapore. When new developments do occur, they tend to be high-end and cater to the luxury market.

Looking at the future, there's anticipation for ongoing robustness in Tanglin's real estate market. This is partly due to its established reputation and partly due to Singapore's overall economic stability.

Any upcoming city planning changes or new developments in and around Tanglin could further impact property values. For instance, enhancements in transport connectivity or the addition of new lifestyle amenities could make the area even more desirable.

In terms of predictions, while the real estate market can be influenced by various global and local economic factors, Tanglin's property market is expected to remain strong.

Factors that indicate a potential increase in value include its prime location, limited new supply, and consistent demand from high-net-worth individuals.

Where is the best area to buy a property in Tanglin?

When considering the best area to buy a property in Tanglin, it's crucial to understand the nuances of different parts of this neighborhood.

Tanglin is a diverse area, with each segment offering its own unique atmosphere, property types, and price ranges.

Firstly, if you're looking for a tranquil and green environment, the area near the Singapore Botanic Gardens is ideal. This part of Tanglin is known for its lush surroundings and quiet streets.

Here, you'll mostly find luxury condominiums and high-end apartments. The prices in this area are on the higher end due to the serene environment and the proximity to the gardens, which is a UNESCO World Heritage site.

Another notable part of Tanglin is the area around Nassim Road. This area is synonymous with prestige and exclusivity. It's famous for its large, luxurious bungalows and embassies.

The atmosphere here is very private and elite. Properties in this area are among the most expensive in Singapore, reflecting the status and exclusivity that comes with living in this locale.

For those interested in up-and-coming areas within Tanglin, keep an eye on developments along Tanglin Road itself. This stretch is seeing some newer condominium developments that offer modern amenities and a more contemporary lifestyle.

While these areas might not have the same level of prestige as Nassim Road, they offer a blend of convenience and luxury that's very appealing.

If you're considering where to buy property, areas near the Orchard Road shopping belt are also worth exploring. This location offers easy access to shopping, dining, and entertainment options, making it highly desirable for those who enjoy a more vibrant lifestyle.

The properties here are a mix of older and newer condominiums, offering a range of options in terms of pricing and style.

On the contrary, areas closer to the bustling city might not be advisable for those seeking peace and quiet. The closer you get to the commercial zones, the more you'll experience the hustle and bustle of city life, which might not align with the tranquil lifestyle that many seek in Tanglin.

Here is a summary table to help you visualize better. If you need more detailed data and information, please check our property pack for Singapore.

Area	Atmosphere	Property Types	Price Range
Near Singapore Botanic Gardens	Tranquil and green	Luxury condominiums, high-end apartments	High
Nassim Road	Private and elite	Luxurious bungalows, embassies	Very high
Tanglin Road	Modern and convenient	Newer condominium developments	Moderate to high
Near Orchard Road	Vibrant and lively	Mix of older and newer condominiums	Varied
Close to commercial zones	Bustling city life	Varied, more urban	Varied

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Is there a strong rental demand in Tanglin?

In Tanglin, there is indeed a strong demand for rental properties, and this demand encompasses both short-term and long-term rentals.

However, the area is particularly known for its long-term rental market. This is largely due to the presence of international schools, embassies, and multinational corporations in and around Tanglin, attracting a steady stream of expatriates and professionals.

The target demographic for rental properties in Tanglin is quite specific. It primarily includes expatriates, high-level executives, and well-to-do professionals, often with families.

These individuals are typically looking for properties that offer a blend of luxury, convenience, and proximity to international schools and workplaces. They are attracted to Tanglin's tranquil environment, its reputation as an upscale neighborhood, and its central location.

Speaking of the types of properties in demand, there's a noticeable preference for high-end apartments and condominiums, especially those that offer additional amenities like swimming pools, gyms, and security services.

Properties near the Singapore Botanic Gardens and Nassim Road are particularly sought after because of their serene surroundings and exclusivity.

Additionally, properties that are close to international schools, such as the Tanglin Trust School, are in high demand among expat families.

In terms of amenities that help reduce vacancy, features like modern appliances, high-speed internet, and proximity to public transport, shopping centers, and leisure facilities are crucial.

These amenities not only cater to the lifestyle expectations of the target demographic but also add significant convenience to their daily lives, making the property more attractive for potential tenants.

Regarding potential returns on investment, rental properties in Tanglin can yield quite favorably. While exact numbers can fluctuate based on market conditions, property type, and specific location, landlords in Tanglin can expect a good return on investment due to the high demand and the area's prestige.

Rental yields can vary, but they are generally competitive, especially for well-maintained properties in prime locations.

As for the type of properties that are gaining more demand and could potentially offer better yields, luxury condominiums with state-of-the-art amenities are increasingly popular. These properties cater to the high-end segment of the market and are likely to remain in demand due to the continuous influx of affluent expatriates and professionals in Singapore.

Therefore, investing in such properties could be a wise decision for those looking at potential long-term gains.

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Is it easy to buy a property as foreigner in Tanglin?

Before we answer the question, please know that we have an article dedicated to the experience of buying real estate as a foreigner in Singapore.

Buying a property as a foreigner in Tanglin, Singapore, involves navigating specific regulations and understanding the local property market.

While it is feasible, there are certain restrictions and considerations that foreign buyers should be aware of.

Firstly, foreign buyers in Singapore face some regulations that are unique compared to local buyers. One significant restriction is the ability to purchase landed residential properties, which includes houses and bungalows.

As a foreigner, you're generally allowed to buy condominium units or apartments without much restriction, but purchasing landed properties requires specific government approval, which is not always granted.

This approval process can be quite stringent, as it's aimed at preserving local residential areas for Singaporean citizens.

The purchasing process in Tanglin, like the rest of Singapore, is quite streamlined but involves several steps. It includes property hunting, securing financing (if necessary), making an offer, signing the Option to Purchase (OTP), and completing the sale and purchase agreement.

One of the primary risks associated with property investment in Tanglin, especially for foreigners, is the potential for market fluctuations. Singapore's property market can be quite dynamic, and prices in premium areas like Tanglin can be sensitive to global economic trends.

Common pitfalls for foreign buyers often include a lack of understanding of the local market, underestimating additional costs (like stamp duties, which are higher for foreigners), and navigating the legal aspects of property transactions.

For example, the Additional Buyer's Stamp Duty (ABSD) in Singapore is significantly higher for foreigners, which can add a substantial amount to the overall cost of the property.

Given these complexities, working with a local real estate agent and possibly a lawyer is highly advisable. They can provide invaluable guidance on market trends, legal requirements, and negotiation tactics.

Moreover, they can help navigate the specific nuances of the Singaporean real estate market, which might be unfamiliar to a foreign buyer.

Regarding exit strategies, property investors in Tanglin typically look at either selling the property after a period of appreciation or renting it out to generate rental income. The choice depends on various factors, including market conditions, personal financial goals, and changes in government policies affecting property ownership and rental.