Private home sales kept up their momentum in February, with 1,196 units changing hands. This is down by some 280 units or 19 per cent from January, where the spike in transaction volumes prompted the government to introduce more anti-speculative measures. But February's figure is still above market expectations. Analysts had earlier projected sales to range between 800 and 1,000 units. Analysts said...
General
Private home sales kept up their momentum in February, with 1,196 units changing hands. This is down by some 280 units or 19 per cent from January, where the spike in transaction volumes prompted the government to introduce more anti-speculative measures. But February's figure is still above market expectations. Analysts had earlier projected sales to range between 800 and 1,000 units. Data released by...
Location: East Coast Road (District 15) Tenure: Freehold Year of Completion: 2013 Site Area: 78,808 sqft Total Units: 104 Unit Types: 2 bedroom ~ 896 - 1,028 sqft 3 bedroom ~ 1,139 - 1,596 sqft 4 bedroom ~ 1,415 - 1,596 sqft 3 bedroom with attic ~ 1,208 - 1,315 sqft 4 bedroom with attic ~ 1,450 - 1,559 sqft 5 bedroom with attic ~ 1,828 sqft Contact us at [email protected] with the following for more...
Executive condominiums (ECs) are back in the spotlight, amid a buoyant property market. They come with finishes similar to a private condominium, but are priced more affordably. Analysts expect strong interest for two new developments to be launched at the end of the year. But they also caution buyers against being too hasty. When the Eastvale executive condominium in Pasir Ris was launched, units were...
It is now a highly-prized HDB development. But the Pinnacle at Tanjong Pagar might not have been built if National Development Minister Mah Bow Tan had not won over his colleagues in the Cabinet. With the prime land slated for residential development, "the question facing us was whether we should have built private property - that means tender out the land for private property - or built HDB", Mr Mah...
An industrial site in Yishun has been launched for sale by public tender. The Urban Redevelopment Authority (URA) said the land parcel has been made available for sale through the Reserve List system since 2007. Under the system, a site would be released for sale only if a bid with an acceptable minimum price is received. Last month, URA announced that it had received an application from a developer to...
THE property market may still be sizzling, but at least one property developer here is offering a carrot which has not been seen in more than a year to entice buyers and boost sales. The incentive - stamp duty absorption - is usually deployed by nervous developers during market downturns, but is now on offer at the 360-unit Concourse Skyline on Beach Road. The deal, which can save homebuyers about 3per...
MORE executive condominiums (ECs) will be built this year to meet the housing needs of the 'sandwiched group', said National Development Minister Mah Bow Tan yesterday. This group refers to couples who do not qualify for new Housing Development Board (HDB) flats because their combined monthly income exceeds the $8,000 cap, but who may find private property too expensive. Mr Mah, who was a guest on...
Executive condominium (EC) prices look set to rise further with the close of two EC tenders at higher-than-expected bids in the past two weeks. The Sengkang EC site attracted a top bid of $315 per sq ft (psf) of gross floor area, while the Yishun EC site drew a top bid of $281 psf of gross floor area. Analysts estimated that the winning bidders will have to sell the units at Sengkang for $650 to $700 psf...
It has been roundly criticised for being user-unfriendly, but the owners and architects behind Orchard Central are unfazed by the brickbats. They say the design of the mall is 'ground-breaking' for Singapore and believe shoppers will grow to appreciate it in time. Orchard Central's shopping experience will also be further enhanced when an adjacent site is built and linked to the mall, they added. 'As...