According to figures released on Tuesday by the Urban Redevelopment Authority based on its surveys of developers' housing sales, developers in Singapore sold 301 private homes excluding executive condominiums (ECs) in February 2016 This is down from 323 units in January 2016 and 390 units in February 2015. Inclusive of ECs, developers moved 430 units last month, again lower than the 479 units in the...
developer sales
Two members of the well-known Danish family that founded Pandora, a company famous for its charm bracelets, are plonking down over S$31.1 million for two high-end apartments at the Orchard belt. The apartments, each of which is 4,478 square feet, are at the plush Boulevard Vue condo along Cuscaden Walk. Per Algot Enevoldsen is paying almost S$15.9 million or S$3,550 per square foot (psf) for his...
Living at Gem Residences means comfort in a house fitted with thoughtful design, carrying the age-old refinery of world-class brands like SMEG and Hansgrohe. Multiple facilities, from outdoor teppanyaki, grill pavilions, spacious clubhouse with cooking facilities, 50m swimming pool to unparalleled views from rooftop spaces, cater for every facet of living. Being in one of Singapore’s most mature estates...
CAPITALAND'S latest condominium project along Orchard Road, Cairnhill Nine, has seen strong interest, with cheques received for a sizeable number of its total 268 units. Indonesians represent a significant portion of the potential buyers, The Business Times has learnt. Interested buyers submit a cheque to register their interest and secure units they are keen on, but this may not necessarily...
Developers are starting to launch new projects in Singapore, following a quiet start to 2016. And while there is an underlying demand for homes, one analyst said developers must keep prices relatively low to attract buyers. CapitaLand’s Cairnhill Nine is one of the latest projects to be unveiled on Tuesday (Feb 23). The integrated development, a 268-unit residential tower, is part of the same complex...
Sales of private homes fell 16 per cent in January from the previous month as developers scaled back property launches. Excluding executive condominiums (ECs), developers sold 322 new units last month, down from the 384 units sold in December, data from the Urban Redevelopment Authority showed on Monday (Feb 15). Including ECs, 478 new units were sold last month, down from 508 units. The fall in...
Residential property developers have been holding back on property launches, with a few opting to delay by one or two months, according to property watchers. They attribute this to developers being conscious of poor market sentiment amid economic uncertainty. The first residential property launch for 2016 is expected to be WanderVale, an executive condominium (EC) in Choa Chu Kang with 534...
Developers sold a total of 759 private residential units in November, a 39 per cent uptick from 548 units sold in October and representing a 79 per cent jump from a year ago. The top selling project last month was MCC Land's The Poiz Residences in Potong Pasir that was launched during the last weekend of November and sold 277 units at a median price of S$1,440 per square foot (psf). This was followed...
MCC LAND will be releasing close to half of the 731 units in its new private condominium project The Poiz Residences during its sales launch on Nov 28. Sources told BT that the group has fixed the pricing for the initial units at an average S$1,380 per square foot (psf). The project on Meyappa Chettiar Road forms part of a mixed-use development that includes retail component The Poiz Centre, which will...
Sales of new private homes jumped 60.1 per cent last month. Excluding executive condominiums (ECs), developers of private homes sold 546 units in October, up from the 341 units sold in September, data from the Urban Redevelopment Authority (URA) showed on Monday (Nov 16). The rise in sales came as developers launched 434 units last month, an 11 per cent increase from the 391 units launched the...