Far East Organization’s third SOHO development and the first dedicated business SOHO under the brand, PS100, has sold all of its 100 strata office units in just one weekend at average prices of S$3,000 per sq ft. Located at the fast transforming Tanjong Pagar precinct of the Central Business District, the limited edition PS100 is part of an integrated hotel-office development, occupying levels seven to...
New Launches
Nearly 500 new residences were sold over the past week, as developers stepped up their marketing efforts, fuelled by good transaction figures last month. In January, 1,872 new private residences were snapped up, the highest since November 2010, and property developers want to keep the ball rolling. Developers are speeding up the launch of more homes to ride on positive buying sentiment and to secure...
After a 20 percent discount, some 65 units have been sold at Bartley Residences (pictured) at an average price of S$1,240 psf, with 90 percent of the buyers being Singaporeans and permanent residents (PR). During yesterday’s preview, the developer released 120 units in the 99-year leasehold private condo project, which is located next to Bartley MRT station. The development comprises one- to...
Over 510 units of the 670-unit Parc Rosewood have been sold in the three weeks since its preview on January 28. In the past week alone, 120 units of the condominium development in Woodlands have been taken up. Kensington Land said on Monday that it was extremely encouraged by the "strong response" from buyers who found its luxury resort concept and prices very appealing. Source : Channel NewsAsia - 20...
Demand for new private residential properties in Singapore rose sharply in January according to data from the Urban Redevelopment Authority. Last month, 1,872 units of new homes, excluding executive condominiums (EC) were sold - more than double the 632 units moved in December. The top selling project in January was Watertown situated at Punggol Central, with 770 units sold. Other star performers for...
January’s private home sales may have improved from the mere 632 units sold in December, as developers could have sold about 1,700 to 1,800 private homes, not including executive condominiums (ECs). Sales dropped 53 percent year-on-year and 63 percent month-on-month in December, down from the 1,702 units sold in November. If ECs, a private-public housing hybrid are counted, December’s sales would hit...
The launch of Parc Rosewood condominium over the weekend saw 70 per cent of the 236 units that were offered being sold. But this is after developer Kensington Land decided to price the units at between 8 and 10 per cent lower than comparable transacted home prices in the same area. Located close to Woodlands Regional Centre, prices were from about S$398,000 for a one-bedroom unit, S$568,000 for a...
Several new launches will be rolled out soon, as developers ride the current strong home buying momentum created by the launch of Watertown condo in Punggol. According to a report by The Business Times, The Tampines Trilliant executive condo (EC) and the Parc Rosewood in Woodlands are among the projects expected to go on the market. Developed by Sim Lian Group, The Tampines Trilliant EC project is...
Over 90 percent of the more than 550 units sold so far at Watertown condo in Punggol have been snapped up by Singaporeans, proving that the additional buyer's stamp duty (ABSD) imposed recently has succeeded in cooling foreign buying. According to a Business Times report, this is down from a share of around 80 percent at other suburban condos launched last year, including The Tennery in Bukit Panjang,...
It's the second day of the Lunar New Year and while most were out and about visiting friends and relatives, hundreds flocked to the Watertown showflat in Punggol Central. The S$1.6 billion project has attracted brisk sales since the launch on January 20 and, 483 units out of 596 released have been snapped up. Buyers made sure they took time off from visiting relatives and friends to check out the...