The developer of Singapore's newest executive condominium said the latest round of property cooling measures have hit sales. The Austville Residences in Sengkang has sold about 20 per cent of its 540 units. It was hot property before the measures were announced last Thursday. A long line of potential home buyers queued overnight to secure their choice unit on the first day. But the cooling measures...
Austville Residences
More than 100 prospective home buyers formed a line outside Austville Residences before doors opened on Thursday morning. The Executive Condominium (EC) in Sengkang uses a first-come-first-serve system to allocate units unlike the last three EC projects which used balloting. The first couple in line, who declined to be interviewed, said they arrived at 3pm on Wednesday. Austville has a total of 540...