As a sign of the sluggish property market in Singapore and competition from properties across the Causeway, sales of Far East Organization’s Alana@Sunrise Terrace have been lacklustre. This was despite the developer dangling the carrot of full reimbursements of the Additional Buyer Stamp and Buyer Stamp duties since the fourth quarter of last year. The cluster housing project in Yio Chu Kang was...
New Launches
Private home sales have been moving relatively slowly recently - with less than 400 units sold in each of the last two months. Despite this, developer UOL Group is going ahead with its 797-unit condominium, Botanique at Bartley, citing encouraging signs in recent weeks. "Beginning this year, the launches were a little bit more muted but of late, the last few weeks we can see a lot more traction in other...
More than 2,000 people showed up on the first day of public viewing of the North Park Residences show gallery on Saturday (Mar 14). The development by Frasers Centrepoint, touted as the largest integrated development in Singapore's north, is expected to be launched at the end of the month and will be ready by 2018. The queues started early with many attracted to the location and amenities the development...
Competition is likely to get more intense in the private residential property market, with developers rolling out new projects. Based on new home sales data for January 2015 from the Urban Redevelopment Authority, there are 20 large developments with a total unsold stock of more than 200 units each - excluding executive condominiums. They include recent projects like Symphony Suites in Yishun, as well as...
More than 1,000 people visited the Kingsford Waterbay showflat on Saturday (Feb 21). Located at Upper Serangoon View, the project has 1,165 units on offer. These range from one to five-room apartments - though smaller units make up about half of those on offer. Prices are expected to start at above S$500,000 for a one-room unit. The development is the first to stand on two plots of adjacent land...
Going into 2015, property developers are gearing up to roll out new private residential projects. Amid challenging market conditions, analysts said the new units will likely be more competitively priced. Looking at past transactions, real estate agency PropNex Realty said prices of new homes have weakened by 10 to 12 per cent on average over the past year. Symphony Suites at Yishun was launched over...
Kingsford WaterBay is situated along Upper Serangoon View, standing next to the Sungei Serangoon Reservoir. It sidevelopment is surrounded by lush acres of greenery, water features and landscapes. All units in the development will get to enjoy either the picturesque view of the serene reservoir or a stunning pool view. Exquisitely designed with resort-like features, Kingsford WaterBay is the ideal home...
Located at the junction of Sims Drive and Aljunied Road, Sims Urban Oasis is a 99-year leasehold residence representing the best in city-edge living. Its excellent connectivity means everything is close to you, including the Marina Bay, CBD, Aljunied MRT Station and more. This makes going to work, school or anywhere a breeze – convenience you enjoy everyday at this location. Encompassing a size and scale...
Singapore's largest condominium project d'Leedon, near Farrer Road, marked its completion on Saturday (Oct 25). But the 1,715-unit development, which was launched for sale two years ago, still has 254 unsold units - comprising mostly four-bedroom units - as of last month. And to move sales, its developer CapitaLand Singapore said it will be refurbishing 30 units with additional designer furnishings....
Luxury project Marina One Residences at Marina Bay has attracted strong interest. According to the developer M+S, more than 85 per cent of the 242 units released so far have already been taken up. M+S is a joint venture between Singapore's Temasek Holdings and Malaysia's Khazanah Nasional. Public sale will commence this weekend. The prices range from S$1,960 per square foot to S$3,100 per square...