Ferraris for the people: luxury goods now sold in fractions

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However, in fractional ownership, the emotional aspect of buying is not quite the same, as most shareholders will never actually see the object in person, unlike old-school collectors.

Thousands have tried but only 3% can do it! Try it yourself for freeThe GCB at 24 Coronation Road West looks towards Oei Tiong Ham Park SINGAPORE - A Good Class Bungalow at 24 Coronation Road West, built 50 years ago, has recently been made available for sale. For the last 30 years, it had been tenanted to a British expatriate couple who have since relocated.

6 million in April Meanwhile, other owners and developers of landed property in other parts of Singapore are now hoping to set a new price benchmark for their respective neighbourhoods. At Lengkok Merak, Michael Ang, managing director of property developer Hansa Land and builder, Hong Kiat Construction, set a new price threshold in the One Tree Hill enclave when he sold a newly-completed linked detached house sitting on a 4,672 sq ft, freehold corner lot for $15.6 million .

 

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