High Street And Beach Road properties do not come cheap as you would have expected given their prime location in the heart of our city centre. Did you know that High Street was the first street built in Singapore back in 1821 by manual convict labourers? Located in the Downtown Core of Singapore's central region, High Street stretches from Hill Street to the current St. Andrew's Road.
In this High Street And Beach Road Property Guide, which is part of the Lifestyle and Property Guide series by GET.com, we will run you through the highlights of the High Street And Beach Road areas, show you how much properties cost in District 6 and the cool things to discover in this district.
District 6 Properties: An Overview
According to Urban Redevelopment Authority, to be considered under District 6, the first 2 digits of the 6-digit postal code must be 17. It includes general locations like High Street and Beach Road.
A fun fact that you may not be aware of is that most of Beach Road was on a coastal road fronting the sea coast back in the days until the 1880s when the entire stretch was affected by land reclamation. How intriguing is that?
Today, this long stretch of road runs through three areas - the Downtown Core, the Rochor and Kallang area of the central region, and the boundary of the historic Kampong Glam Conservation Area.
Even though there are plenty of refurbished shophouses in this region of Singapore, almost all of them are used for commercial purposes to house retail stores, boutiques and food and beverage outlets.
If you're thinking of living in the Civic District for its great location and easy accessibility to amenities of all sorts, it would help for you to be pretty wealthy as property prices here lean on the high side. The number of residential properties here is unimaginably small - there are no HDB flats and only two private condominiums/apartments currently.
Besides Eden Residences Capitol, the other apartment that you can consider is High Street Centre, an apartment development located at 1 North Bridge Road that's completed back in 1969. This apartment is located within extremely close proximity to the buzzing Clarke Quay and Boat Quay areas. Although this apartment may not be the swankiest one out there, many are still willing to fork out big money for its premium location.
But if you don't mind living in a spacious serviced apartment situated 5 minutes' drive between both the Central Business District and the main shopping district, consider Somerset Liang Court. It is an ideal corporate and interim housing for the expatriate and family on relocation or project assignment!
The Civic District comprises some of Singapore's most historic buildings and practically all of them have been restored and given a new lease of life. Arts aficionados who happen to be quite well-off will love living in this arts, culture and lifestyle-centred precinct.
According to the URA, new touches and improvements - such as added greenery and pedestrian-friendly changes - have been made to this area with the aim of creating an integrated arts, culture and lifestyle precinct while more improvements are on the way.
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Pros And Cons Of Living In High Street And Beach Road Guide
- Convenient transportation networks
- A plethora of shopping, food options and great chill-out spots
- Several kid-friendly places
- High property prices and rents
- No primary schools around
Amenities In High Street and Beach Road
Even though there are plenty of fantastic amenities in this area of Singapore, you might want to reconsider if you have young children of school-going age as there aren't any primary schools directly located in the precinct. Nonetheless, this central location is great to get young children (or even adults) cultured in conducive environments as there are many museums located here.
And if your children are older and are going on to further their education in tertiary institutions, take heart that the Singapore Management University's School of Law, Economics, Social Sciences, Business, Accountancy, and Information Systems are all conveniently located in the heart of the District 6.
Thanks to its great location, transportation is a breeze with the multitude of bus services meandering through the area coupled with City Hall and Bras Basah MRT Stations. In case you're wondering, other MRT Stations that are considerably close by include Esplanade and Bugis though they are technically categorized under District 7.
Shopaholics have quite a varied mix of shopping venues including the likes of Raffles City Shopping Centre, Funan Digitalife Mall, Liang Court, Peninsula Plaza, Peninsula Shopping Centre, Stamford House and Capitol Piazza.
If keeping fit entails working up a sweat and increasing one's heart rate, the G-Max Reverse Bungy should make the cut - you'll be sweating as you're launched 60 feet into the air at a speed of 200km/h while your heart will be pumping furiously!
For the record, the G-Max Reverse Bungy is a landmark in itself at Clarke Quay even when dusk falls. Those daredevils seeking an unconventional source of adrenaline rush have to give this a shot.
Joggers, dog walkers or anyone who fancies a respite from the hustle and bustle of city living frequent Fort Canning Park for their dose of fresh air and greenery.
With its sprawling lawns, Fort Canning Park is also a venue of choice for celebrations, weddings, concerts, theatre productions and festivals such as Shakespeare in the Park, Ballet Under the Stars and Films at the Fort.
Not to forget, the ancient artefacts peppered across Fort Canning Park will intrigue people who are interested in the history of the area.
Cool Chill-Out Spots In High Street and Beach Road
What makes a good chill-out session good? To me, the checklist has to include great company, good conversations, and amazing food and drinks.
Located at 10 Coleman Street, East 8, New York Fusion Tapas + Bar is the place for you and your date or homies if you all fancy Asian fusion cuisine. Served tapas style, this unique concept is ideal for people like me who enjoy trying a little bit of everything (think: indecisive). Here at East 8, New York Fusion Tapas + Bar, creativity knows no boundaries.
For a chill-out session that ties in good cause, visit Food For Thought. They have a handful of outlets but the one that is in District 6 is nestled in the National Museum of Singapore, Singapore's oldest yet progressive museum. I personally like how accessible Food For Thought is, the comfort food that they dish out, and the ethos that characterise the socially-conscious brand.
Just in case you're curious, the 5 causes that Food For Thought stands by includes giving free water while encouraging patrons to donate voluntarily; serving nutritious and affordable comfort food for the soul; pledging part of their profits to sponsor children through World Vision Singapore's area development projects through Asia; running free community sessions; and inspiring kind acts.
With a view like that, it is not surprising to find New Asia Bar in the list of 50 best bars in the world. I'm positive that those friends of yours who aren't sipping sensuous cocktails up there with you have to move mountains to hide their uncontrollable twinges of envy while you're feeling on top of the world, literally.
If you have a penchant for good ol' Rock n' Roll Blues, this niche pub is the place for your episodes of late night shenanigans. The infectious fun mood is an absolute welcome relief for all who are looking to let their hair down while chugging a couple of drinks with great live music taking centre stage.
With its legendary-like status, Crazy Elephant is the go-to for both rock fans as well as the passing crowds at Clarke Quay who are enticed by the great live music there nightly. Those with the gift of jamming who aren't afraid to flaunt their talent can go onstage and do their thing on Sunday Jam Nights, too!
For a quirky, interactive experience unlike any other, Beer Market at Clarke Quay is a good place to start. As it is inspired by the dynamics of the stock exchange, Beer Market is where you can contribute to the fluctuating prices of alcoholic drinks via the simple mechanism of demand and supply.
Simply put, when the demand for that particular beer that you've been eyeing on is high, you pay more. And when the demand for that beer is low, you fork out lesser monies assuming that supply is fixed. Well, basic economics isn't that difficult, right? Anyhow, prices change at half-hourly intervals!
For those who require more of Beer Market to keep you happy, you can find a wide selection of beer with origins from all over the world, bar food, live music acts, darts/pool machines and live sports telecasts when you're there.
On the contrary, artsy individuals with a love for art appreciation can spend their time admiring an extensive range of arts stretching across music, film, theatre, dance and more at The Arts House at 1 Old Parliament Lane.
Those who prefer something utterly different can check the ReDot Fine Art Gallery out. If you don't already know, the ReDot Fine Art Gallery is the first and only dedicated Aboriginal Art Gallery in Singapore and throughout Asia-Pacific.
Established since 2004, the ReDot Fine Art Gallery was, and remains, the only gallery in Singapore specializing in Australian Indigenous (Aboriginal and Torres Strait Islander) art. The ReDot Fine Art Gallery is committed to promoting the art and culture of Indigenous Australian artists by creating opportunities for art lovers to embrace, gain a better understanding and appreciation of Australian Indigenous art. Art lovers, head down there already!
Here's an appealing option for all penny pinchers out there who love movies but can't bear to watch them all in the cinema due to unfortunate rising costs. The Substation screens a short film on the first Monday of every month under their initiative, First Take.
First Take showcases short films by up-and-coming Singapore filmmakers and gives them the support and space that these emerging artists need. You can find more information here.
Kid-Friendly Places In High Street and Beach Road
Although there is a severe lack of schools in the High Street-Beach Road precinct, there are several kid-friendly places that both parents and kids will appreciate.
Honestly, who doesn't like ice-cream? Visit Come-In-Hokkaido at Liang Court for gigantic, satisfying, fresh Japanese soft serve made with high quality milk!
Go on an exploration trip on foot around central Singapore with your kids in tow. Nobody's going to judge you for being a tourist in your own country. Who knows what you'll discover with every step you make? Remember to book your slot in advance if you're keen!
These free guided walks with Indie Singapore take place every Tuesday, Wednesday and Thursday. Tuedays' tour will take you through Chinatown, Wednesdays' tour will take place in the Kampong Glam and Bugis precinct while Thursdays' tour will walk you along the Singapore river and civic district.
Also, those who are interested in learning more about Singapore's roots but are free only on weekends can check out Singapore Footprints. They provide free guided walks as well!
For other cool places in this part of Singapore, you can check out 10 fun places in central Singapore here.
How Much Do Properties Cost In High Street and Beach Road?
We did some research by digging through government data on the minimum and maximum per square foot (PSF) prices of private properties for District 6.
Minimum PSF: $2,780 - Eden Residences Capitol
Maximum PSF: $3,226 - Eden Residences Capitol
*PSF figures for apartment and condominium transactions between Oct 2012 - Oct 2015 are pulled from URA.
You may want to look at our other neighbourhood-cum-property guides should you be looking at buying an HDB flat as there isn't any for you to purchase in the High Street and Beach Road area.
Note that if you're buying an HDB flat with loan from HDB, your downpayment must be 10% of purchase price or market valuation, whichever is lower. The remaining amount will then be your loan amount from HDB.
If you're buying an HDB flat with a loan from the bank, your downpayment must be 20% of purchase price or market valuation, whichever is lower. When borrowing 80% from the bank, your loan tenure cannot exceed 25 years. If your loan tenure is above 25 years (but not more than 30 years), note that you can only borrow 60% from the bank! For both cases, the sum of the loan tenure and age of borrower at the time of applying for the loan does not extend beyond retirement age of 65 years.
Similarly, if you're buying a private property with a loan from the bank, your downpayment must be 20% of purchase price or market valuation, whichever is lower. When borrowing 80% from the bank, your loan tenure cannot exceed 30 years. If your loan tenure exceeds 30 years (up to a maximum of 35 years), note that you can only borrow 60% from the bank! For both cases, the sum of the loan tenure and age of borrower at the time of applying for the loan does not extend beyond retirement age of 65 years.
Beautiful Homes In District 6
Useful Tips For District 6
District 6 is great for young, wealthy people without children, for those who love all things artsy and for those who like to chill out in cool places more often than you can imagine. Despite its excellent location and bountiful amenities, this precinct is sorely lacking when it comes to residential properties. Therefore, expect to pay top dollars for private properties here.
If you are on the hunt for a property, you can use GET.com's Home Loan Genius tool to compare home loans (new or refinance loans) from all the banks in Singapore.
Also, are you a resident living in this area? We'd love you to get in touch with us via email@example.com so that we can feature you and your experiences in our property and lifestyle guide!