Median house in SG costs around 1m and what luxury homes you can buy in other Southeast Asian cities at the same price

You may not know this but the median price for all residential properties in Singapore now stands at S$1,032,500.

According to the Urban Redevelopment Authority (URA), that was the official figure obtained from transactions occurring between January and March this year.

Well, that very figure can get you a classy unit at Clement Canopy, which is nestled in a prime location in Singapore – specifically District 05.

Price: SGD 850, 000 onwards for two-bedroom configuration

Tenure: Freehold

At the same time, have you ever wondered what kind of properties can you buy at the median price in neighbouring countries? We give you a quick look at some of the most extravagant properties you can purchase abroad.

Kuala Lumpur, Malaysia

Live a life of glitz and glamour when your bachelor pad is in Star Residences, Kuala Lumpur. Expect to hobnob with your high-profile neighbours given that world renowned fashion designer, Jimmy Choo has been named the ambassador for this project.

The prestigious property project features Star Residences, with one 57-storey and two 58-storey towers, and Star Boulevard, which features five blocks with a total of 12,077 sqm net leasable spaces. There would be Signature Retail dining, entertainment hubs, alongside Malaysia’s Star Walk of Fame in the area.

Price range: MYR1,300,000 – MYR6,400,000 (approximately SGD 411,391 – 2,025,310) 

Tenure: Freehold

Bali, Indonesia 

Top up a little more and you’ll get this paradise on earth at Tanjong Benoa in Bali.

The 5, 500 m² areas, panoramic beachfront view, a private pool and patio will have you seriously considering to spend your retirement here. Otherwise, it can double as a holiday home for a short weekend escapade and an excuse to sip on martinis all day err day.

Price: IDR 10,600,000,000 (approximately SGD 1, 115, 000)

Tenure: Freehold 

Da Nang, Vietnam

Launched by the award-winning Danang Beach Resort – the largest integrated resort development in Central Vietnam, Ocean Estates is a complex of 37 villas in 3 bedroom configuration. Danang City is 20 minutes away by car and the residence is easily accessible to the ravishing and well-preserved ancient town of Hoi An.

All owners can also benefit from access to the Beach Club and its facilities. The Greg Norman-designed 18-hole Link-Style “Dunes Course” in Danang Golf Club is also known to be Vietnam’s best golf course.

Price: USD749,000 (approximately 1,050,720 SGD) onwards for three-bedroom configuration

Ko Samui, Thailand

Have a taste of sea, sand, sun – and nothing more – at this luxury beachfront villa in Ko Samui.

Enjoy the idyllic way of living as you bask in the warm rays of sunlight from your own private pool, before the astonishing sea views of Ang Thong National Park. This 489 m² space has 5 rooms and 4 bathrooms, giving you more reasons to throw a party for your entourage from time to time.

Price: THB 24,429,400 (approximately SGD 991,909)

Phuket, Thailand

Set against a breathtaking backdrop of the sea, this 3-storey luxury villa in Rawai Beach is anyone’s dream home. 

The amenities here runs a gamut from your own private patio and rooftop infinity pool to a courtyard, alongside a jetted bath tub and sauna for your pleasure anytime. The villa spans across 467 m² of area, which includes three bedrooms, three bathrooms and is only 120m away from the sea.

Price: THB 24,268,300 (approximately SGD 981,961)

Makati, Philippines

The Milano Residences symbolises the pinnacle of luxury living, more so with its interior designer being Versace Home, the opulent lifestyle concept of the world-famous fashion house. Fully furnished with the iconic Versace style, homeowners can truly have a taste of fine living at this 87 m² 2-storey unit.

Now we know style and glamour can take the form in your home decor.

Price: PHP 18, 936, 000 (approximately SGD 532,014)

Lipa City, Philippines

This custom-built contemporary house spans across a jaw-dropping size of 992 m², encompasses six bedrooms and six bathrooms. Now, you’ll have no worries hosting your overseas friends at your place when they’re in town.

Situated in Mt. Malarayat Golf and Country Club, residents can revel in a smorgasbord of modern amenities such as a clubhouse, sports complex and large open parks.

Price: PHP 30,890,900 (approximately SGD 865,571) 

If this list is anything to go by, you know you can easily live in the lap of luxury abroad with the prevailing median house price in Singapore.