Riverbank @ Fernvale is one of two private residential developments in Sengkang that will be launched for sale this month. Its developer, UOL, said units will be priced at an average of "slightly above S$1,000 per square foot". The 99-year leasehold project comprises 555 apartments -- 488 of them are one-, two- and three-bedroom units. The selling price of a one-bedroom unit will start from...
New Launches
Executive condominium (EC) developer MCC Land Singapore has rolled out a festive promotion in a bid to drive sales during the Lunar New Year period. The developer told Channel NewsAsia that it is offering a small price discount for EC units at Forestville at Woodlands and Sea Horizon in Pasir Ris. Forestville is developed by Hao Yuan Investment while Sea Horizon is jointly developed by Hao Yuan...
A condominium touted as Singapore's first retirement village was sold out on its first day of sale. Despite concerns about The Hillford's shorter 60-year lease, buyers - both young and old - snapped up all 281 apartments. By 9am on Friday, The Hillford showflat at Upper Bukit Timah was already crowded with some 1,000 prospective buyers. Within the first one-and-a-half hours, more than 80 units...
There has been strong interests for the first few properties opened for viewing this year. This includes what's being called Singapore's first retirement resort, which saw a big crowd on its first day of preview on Saturday. Its developer, World Class Land, said interests shown were mostly from those in their 50s. It was a packed showflat for The Hillford's first viewing day. Touted as...
Two private residential projects are expected to be launched for viewing on Saturday. But property agents said booking of units will only start mid-January. First off the block is The Panorama at Ang Mo Kio by Wheelock Properties. Prospective buyers can visit the showflat on Saturday to find out more about the 698-unit project. Property analysts estimated the units could go for between S$1350...
Demand for new private homes in Singapore jumped 15 per cent in November, led by strong sales from new launches such as Duo Residences in Bugis and Alex Residences at Redhill. According to data from the Urban Redevelopment Authority (URA), 1,228 units of new private homes were sold in November, up from a revised 1,070 units transacted in October. Among the units sold, 214 are located in the suburban...
Upcoming condominium Duo Residences in Bugis, slated to come on stream in 2017, is set to spice up Singapore's skyline and rejuvenate the district. Nestled within the heart of the city state, Duo Residences is making waves in Malaysia. Analysts said the development will offer the largest number of homes in the city at 660 units. According to marketing materials, indicative prices for units at Duo...
The Alex Residences condominium near Redhill MRT station received strong demand at its preview launch on Wednesday. The 429-unit project saw bookings for all 150 units initially released on Wednesday. To meet overwhelming demand, developer Singapore Land says it has released another 50 units under its first phase. SingLand had priced the project at an average price of S$1,650 per square foot,...
With home prices in the city centre softening, analysts say many developers are likely to hold back on launching new projects for the rest of the year. Real estate consultancy CBRE estimates that there are some 2,000 units of private homes yet to be launched for sale in the core central region -- the highest compared to the city fringe and the suburban areas. Upcoming project DUO Residences in Bugis...
New property launches in choice locations such as Bishan and Thomson have been attracting interest from home buyers, despite recent curbs on housing loans. Some analysts said this is because property prices have since softened and are now more competitive. Potential home buyers have been checking out CapitaLand's latest project in Bishan - Sky Vue - since its showflat was open for previews last...