NV Residences, the latest condominium development to hit the market, packed in the crowds on Hari Raya holiday. The afternoon rain on Friday did little to dampen the interest of home-seekers, as hundreds turned up at NV Residences in Pasir Ris. While many were there to browse and make enquiries, others came ready to hand over a cheque. Market watchers said that despite the government's recent measures...
New Launches
The latest launch by City Developments - NV Residences in Pasir Ris Grove - has received good response despite the property market curbs announced late last month. A total of 160 of the 200 units released were snapped up during the property's private preview this week. The company's group general manager, Mr Chia Ngiang Hong, said: "We're very encouraged by the good response for NV Residences, which...
City Developments and its joint venture partners, Hong Leong Holdings and Hong Realty, have sold 80 per cent of the 200 units released at a private preview of NV Residences on Wednesday. Priced at an average of S$830 per square foot, the 99-year leasehold apartments at the 642-unit development range from S$557,000 for a one-bedroom unit to S$1.9 million for a penthouse. The development consists of eight...
Killiney 118 is a boutique development located along the heart of Singapore’s main shopping belt. Despite being one of the smallest freehold development in Singapore with only 30 units spread over 6 floors, Killiney 118 appeal lies in its exceptional location; a home that is conveniently located at the edge of the town, yet tucked away from the bustling town in stylish setting. Located next to Orchard...
Developers are widely expected to delay their new launches, now that buying sentiment is likely to be hit by the market-cooling measures. The Government announced new rules on Monday that strongly discouraged speculation on homes. Some analysts said that the changes could dent sales, especially for new launches in the mass-market segment. DMG and Partners property analyst Brandon Lee said the measures...
Host of projects to come on stream when Hungry Ghost Festival ends, but affordability is still key The market for new property launches has slowed this month but should see a rebound after the Hungry Ghost Festival ends on Sept 7. Developers are already lining up projects for launch, and these choices are expected to range from mass-market homes to high-end ones. Next month, Hoi Hup Sunway is targeting...
Lumiere, BS Capital's latest residential property, welcomes high-flying executives who want the convenience of living in Singapore's Central Business District. Located in the Shenton Way strip, the 45-storey development boasts 168 units. The freehold apartment complex consists of 33 studio units from 506 square feet each, 99 one-bedroom with study units from 624 sq ft each and 33 two-bedroom units from...
Oxley Holdings says that more than 95 per cent of the 144 units in its residential development, Viva Vista, have been sold following a successful preview earlier this week. Located along South Buona Vista Road, the project features "shoebox" units with sizes between 323 sq ft and 1,076 sq ft. The average transacted price was $1,450 per square foot (psf), the company said. Source : Today – 27 Aug...
Developers wary of looming market uncertainties: Wing Tai boss DEVELOPERS are fast-tracking mass market properties in order to take profits sooner rather than later, a leading local developer said yesterday. These firms fear looming property market uncertainty, said Wing Tai Holdings chairman Cheng Wai Keung. With government cooling measures taking hold, developers believe it is better to take a bet on...
MORE than 80 per cent of the 144 residential units in Oxley Holdings' Viva Vista were snapped up during the project's preview yesterday - indicating that there is still strong demand for small, or shoebox, apartments. The sizes of the units in the project along South Buona Vista Road range from 323 sq ft to 1,076 sq ft, with the bulk being just shy of 400 sq ft. Oxley Holdings said that the average...