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According to Knight Frank’s Wealth Report 2021, the number of Ultra High Net Worth Individuals with a net worth of US$30 million inclusive of their primary residence in 2020 went up by 10.2 per cent from 2019 despite the pandemic-led recession. “Besides other luxury properties in Singapore, shophouses also provide a draw for such investors looking into niche commercial space with cultural character,” says Sai.
The number is steadily rising, notes Clive Chng, associate director of Red Brick Mortgage Advisory. In 2020 amidst the pandemic, 135 shophouses were sold, which was a 10 per cent increase from the 123 shophouses that were sold in 2019. Shophouses also provide a draw for such investors looking into niche commercial space with cultural character ....
Unique Experience Abraham s goal was to create a progressive and evocative space that translates the Tatler DNA of power, influence and style. I wanted to evoke the luxurious nature of the Tatler lifestyle and infuse that with a sense of locality, she explains. As such the space is a marriage of modern luxury meets young and playful brought through a balanced blend of raw and refined, high and low, muted and bold. Indeed the result echoes Malaysian culture in a new and innovative way, where local talents are celebrated while the interplay of influences, materiality, and colours lends an unexpected edge for a space that is refreshing and unique in Kuala Lumpur. ....
Abraham takes guests through a journey of colours and textures, beginning with the receiving area showcasing the Tatler House logo mounted on a custom-built screen amongst a striking orange and black palette. The walls are adorned with large-scale artwork, namely Anniketyni Madian s Berasok wooden sculpture and Justin Lim s edgy mixed-media We Want You (Buden), are just the start of discovering the breadth of the AFK Collection who generously loaned all the art found in the suite. The mood shifts walking into the living room where Abraham created a calming space evocative of California chic with a warm palette of soft neutrals against earthy tones. An eclectic range of furniture from Arketipo, Olta and Janine, to name a few, feature relaxed proportions, while statement pieces such as the handcrafted armchair with wicker detail from Nic Chris and contemporary hand-made carpets Persian Collections captivate the eye. ....