CapitaLand's newly released units at The Wharf Residences continued to see strong sales over the weekend, with another 24 units transacted. The developer had earlier sold 85 per cent of the 100 units launched on May 15. All in, CapitaLand said 134 units out of the 173 unit at The Wharf Residences have been sold. Apartments at the 999-year leasehold project are priced at between S$1,300 and S$1,600 per...
2009
Mainboard-listed OKP Holdings has signed a S$3.4 million contract with Singapore's Urban Redevelopment Authority (URA) for environmental improvement works. The infrastructure and civil engineering firm says the first stage of works will begin on May 22 at Siglap Village and is expected to be completed in January next year. The second stage, covering works at Upper Serangoon Road and along the canal at...
Comprising of 46 freehold residential apartments and 3 retail shops, tucked away in its own corner of quietude, yet within close proximity to the city, provide optimum comfort and convenience. Relax and unwind while luxuriating by the pool, enjoy the reflections of the shimmering sun, every moment at Studio @ Marne, is a delightful experience. With MRT station a stone’s throw away and easy drives via...
CapitaLand said yesterday it had released 100 units for sale at The Wharf Residence and sold 85 units. The average price is between $1,300 to $1,600 psf. This brings the total number of units sold to-date at the development to 110. Buyers will also enjoy stamp duty absorption and an interest absorption scheme. The Wharf Residence is a 999-year leasehold condominium located at Tong Watt Road, off Mohamed...
Mainboard-listed property developer and investment group Sing Holdings said it will launch its latest residential development, BelleRive, at 9 Keng Chin Road today. The freehold development is located in District 10, off Bukit Timah Road between Balmoral Road and Robin Road. The 15-storey apartment tower with 51 units will showcase a clean and modern architectural design. Its two and three-bedroom units...
AMID growing talk of economic green shoots, local developers of high-end private homes rolled out 339 units last month - nearly five times the number in March, according to statistics released on Friday by the Urban Redevelopment Authority. And they were not disappointed, as demand kept up with supply that month. Some 332 private homes in the prime Core Central Region were sold last month, marking the...
Private home sales in Singapore dipped slightly in April, but remained above the 1,000-unit mark for the third straight month. Latest figures from the Urban Redevelopment Authority (URA) showed that 1,207 units changed hands, about one per cent shy of the number of sales transactions in March (1,220 units). Demand for new private residential properties picked up recently because of lower home prices and...
Hotels and resorts developer Banyan Tree Holdings has posted a first quarter net profit of S$5.2 million, down 66 per cent on-year. Revenue also fell by 33 per cent to S$88.2 million in the three months ended March 31. The company attributed the decline mainly to lower performances from its hotel investment, property sales and hotel residences segments. Banyan Tree said its performance in the next two...
PCOMING supply and concerns about payment defaults by customers on the deferred payment scheme (DPS) are some reasons the luxury residential segment is not out of the woods yet, according to UOB Kay Hian analyst Vikram Pandey. In a research report dated May 12, he said 2,665 units would hit the high-end market this year, followed by 3,182 next year and a whopping 5,245 units in 2011, based on official...
Property developer Soilbuild has tripled its net profit for the first quarter, seeing earnings rise to S$19.5 million. Revenue for the three months to March doubled to S$64.7 million. The higher revenue contributions came mainly from the firm's four residential projects - Montebleu, The Centrio and Espa - which are fully sold, and Leonie Parc View. Its Tuas Lot business space factories also contributed...