New Launches

Amber Park

Amber Park - be mesmerised by our beautiful architectural design inspired by Mother Nature. Located along Amber Gardens, District 15, Singapore, developed by the joint venture of renowned Singapore-listed developer City Developments Ltd and Hong Realty. Amber Park comprises of 3 Blocks of 21-storey with 592 units, unit mix ranging from 1 bedroom + Study to Penthouse. The development also has a rooftop...

Mismatch for residential take-up and launches in Q1

Some analysts say this might be a sign that potential buyers are resisting current price levels amid the mid the property cooling measures. According to the Urban Redevelopment Authority's (URA) quarterly figures released on Friday, developers launched 2,989 units, compared to Q4's 1,657 units, but sold 1,838 units, similar to Q4's 1,836 units. Unsold units also rose in the quarter, to 36,839...

Developers finding it tough to locate showflats on project site

Some developers are housing their showflats in unconventional places - from malls, industrial buildings, to even several kilometres away from the actual condo site. A more crowded new launch landscape and slower residential sales could make this even more common. But this can complicate marketing efforts for developers, and househunters will have to work harder to understand their potential...

Coastline Residences to launch this weekend at S$2,450 psf

East Coast is heating up with launches galore, with possible major launches this year yielding at least 1,500 units, going by Knight Frank's estimates in March. The next one up is Coastline Residences on Amber Road, which will be launched for sale this weekend at an average of around S$2,450 per square foot (psf). Three-quarters of the units in the freehold, 144-unit condo will have sea views, the...

Kwek Leng Beng’s family buys units at Boulevard 88 condo for S$14.1m

City Developments (CDL) tycoon Kwek Leng Beng's family has bought two units at luxury condo Boulevard 88 for about S$14.1 million. Mr Kwek's nephew, Kwek Eik Sheng, who is group chief strategy officer at CDL, bought a ninth-storey unit for S$4.34 million. The CDL boss' spouse and son also purchased a unit on the 18th floor for S$9.8 million, according to SGX filings on Monday night. The freehold...

Kingsford Huray gets no-sale licence for Normanton Park project

Kingsford Huray Development has been hit with a no-sale licence for its project at the former Normanton Park site, prohibiting it from selling units before the Temporary Occupation Permit (TOP) is obtained. In June, Kingsford Huray was granted approval for a 1,882-unit project on the site, comprising 1,863 apartments and 19 strata terrace houses. But the Controller of Housing (COH) issued a no-sale...

Singapore’s new private home sales, launches up in March

Developers in Singapore sold 1,054 private homes in March, up from the 455 units they moved in February, and 47 per cent higher than the 716 units they sold in the corresponding month a year ago. Sales in February this year were lower due to the Chinese New Year festive lull and the absence of new launches. The figures - which exclude executive condominium (EC) units - were released by the Urban...

S’pore’s largest condo Treasure at Tampines moves 272 units at launch

Singapore's largest condominium Treasure at Tampines sold 272 units at an average S$1,280 per sq ft, after the project launched over the weekend.The close to 650,000 sq ft development, situated on the former Tampines Court site, has 2,203 units in all. Developer Sim Lian released 490 units for sale. Sim Lian's spokesperson said on Sunday: "We are heartened by sales to date for Treasure at Tampines,...

Boulevard 88 sees 80% sales for released units in two weeks of private previews

City Developments Limited (CDL) and its joint venture partners, Hong Leong Holdings Limited and Lea Investments Pte Ltd, started exclusive private previews of Boulevard 88 which are by appointments only. The ultra-high-end Boulevard 88 is the only brand new freehold residential development along Orchard Boulevard in prime district 10. Directly accessible through Orchard Boulevard and Cuscaden...

New private home sales up 18.5% y-o-y in February

Developers in Singapore sold 455 private homes in February, up 4.4 per cent from the 436 units they moved in January, and 18.5 per cent higher than the 384 units they sold in February a year ago. The figures - which exclude executive condominium (EC) units - were released by the Urban Redevelopment Authority (URA) on Friday, based on its survey of licensed housing developers. This came as 596 private...

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