developer sales

Packed property showrooms not indicative of real demand

Lured by discounts offered by developers, thousands of prospective home buyers flocked to the preview of two private property projects over the weekend, in spite of the latest round of property cooling measures introduced barely two weeks ago. On Sunday (July 22), Daintree Residence at Toh Tuck Avenue in Upper Bukit Timah and The Tre Ver in Potong Pasir were jam packed when TODAY visited. More than 200...

Daintree Residence to launch for sale on July 28

Eyes will be on Daintree Residence when sale launches on July 28 - the first condominium to do so since the latest round of cooling measures. The pricing has left analysts divided as the Toh Tuck Road condo will likely go in the region of an average of S$1,800 per square foot (psf), according to Neo Keng Hoe, general manager for the developer SP Setia. Previews began last weekend with 3,000 people...

The Tre Ver at Potong Pasir

The Tre Ver is a 729-unit waterfront development located next to the Kallang River, and is poised to benefit from the government’s initiative to transform the river into a lifestyle hub. Designed by the award-winning architects WOHA, it will preserve most of the existing rain trees lining the riverfront, with lush landscaping that blends seamlessly with the waterfront promenade. The Tre Ver is also...

After July spike, developers seek clues in next few months

New home sales in June dropped almost half from May - but the numbers will jump back up this month with the last-minute buying frenzy the night before a new round of cooling measures kicked in on July 6. Given the skewed performance in July - over 1,000 units in Riverfront Residences, Park Colonial and Stirling Residences were snapped up on the night of July 5 - market watchers expect the impact of...

New private home sales slump 20.2% in June

Sales of new private homes slumped 20.2 per cent year-on-year in June, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jul 16). Excluding executive condominiums (ECs), developers sold 654 private homes in June compared with 820 units in the same month last year. This was also a 41.7 per cent decrease from the 1,122 private homes sold in May - a nine-month high fuelled by...

Sales of new private homes dropped 32 per cent in first half of 2018, compared with 2017

Sales of new private homes excluding executive condominiums tumbled by almost a third in the first six months of this year compared to the same period last year, according to preliminary data from the Urban Redevelopment Authority (URA) released on Monday (July 16). The number of units launched also fell, with 3,518 rolled out in the first half of 2018 compared with 4,330 in the same period last...

Kandis Residence

Nestled in an idyllic location in Sembawang, in the northern part of Singapore, Kandis Residence is a condominium development located in a serene neighbourhood of low-rise landed housing. In order to portray sensory space, Kandis Residence is designed with a cascading water feature, glistening lap pool, inviting sunning lawn as well as inter-block courtyards and landscaped walkways. Rooms also are...

Park Colonial to hold public preview this weekend

Park Colonial, a new condominium in the Bidadari enclave and next to Woodleigh MRT station, will hold its public preview from this weekend with sales to start on July 14. Jointly developed by CEL Development, Heeton Holdings and KSH Holdings, the estate on a land area of 19,547 sq m will comprise six towers with 805 residential units. The one- to five-bedrooms units will be priced at an average of...

Park Colonial at Woodleigh Lane

Park Colonial is served with a wide range of shopping and dining facilities await at the adjacent Bidadari New Town. The location is also near other commercial amenities such as Nex Shopping Mall, Market Square Bidadari (U/C), Macpherson Mall. Schools in the proximitty area include St Andrew’s Secondary, Cedar Girls’ Secondary, Maris Stella High and Stanmford American International School. Park...

Marina One Residences launching tower at average S$2,700-S$2,800 psf

Come July, the developer behind the mega mixed-use project Marina One will find out whether its strategy four years ago of holding back half its 1,042 residential units from the market has paid off. M+S Pte Ltd, the joint-venture firm by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, will release 30 per cent of its 521-unit Garden Tower for sale, with the rest expected to be released in...

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