The private housing market remained in the doldrums in August, with sales of homes falling 15 per cent from the previous month as developers continued to scale back new launches. Excluding executive condominiums (ECs), developers sold 432 new units last month, down from the 509 units sold in July, data from the Urban Redevelopment Authority showed on Monday (Sep 15). Including ECs, 490 new units were...
developer sales
Property observers are expecting more new launches in the private residential market in September and October. They said August was a slow month as it coincided with the Hungry Ghost Month, which is seen by some to be an inauspicious time to buy homes. One private residential development soon to be launched is the 500-unit Highline Residences at Tiong Bahru. A private preview for the development will be...
With Stevens MRT station minutes’ walk away and with major road like the Bukit Timah Road and major express ways such as the CTE, residents of Hallmark Residences will enjoy the epitome of convenience of city living. All it takes is a 15 minutes’ drive or less to reach places like the Central Business District (CBD), Singapore Flyer, Marina Bay and Southern Waterfront Areas, travelling to prime...
In a neighbourhood with a good transport network, amenities and leisure options, as well as 6 retail outlets in its grounds, Coco Palms is the ideal residence. With rejuvenation plans^ in the works, including a revamped Town Centre and the Central Greenway pedestrian and cycling path, living at Coco Palms puts you in the heart of the action. Changi Business Park, Singapore EXPO, and Changi International...
The Hungry Ghost Month begins on Sunday (July 27) and observers say the private residential market will likely see fewer launches during that period compared to previous years, in light of current weak buying sentiments. However, they also say some launches may still take place if developers are confident in their pricing and product offerings. The seventh month of the lunar calendar, better known as...
Private residential property sales slumped again in June after a burst of activity in the previous month, with developers scaling back new launches in the expectation that the school holidays and the World Cup would further sideline potential buyers in an already cautious market. Sales of new private homes plunged 68 per cent from May’s 1,488 units to 482 homes, data released by the Urban...
Robin Residences is situated in the heart of prestigious district 10. An address of unmatched convenience. A short stroll away from upcoming Stevens MRT Station, its offers swift connections to vibrant Orchard Road and the bustling Central Business DistricRobin Residences is what one would call the perfect paradox, while the development is hidden from the bustling city and it’s only a short drive away to...
Expect more private homes to be launched in the coming months. According to analysts Channel NewsAsia spoke with, some developers plan to launch their projects during the current window -- after the festive period in the first quarter of the year and before the year-end holiday season. More than 3,500 units were launched per quarter in the second and third quarters last year, compared to some 2,600...
The Commonwealth Towers condominium near the Queenstown MRT station saw strong demand at its launch on Thursday. Developers said that as at 8pm, 175 of the 400 units launched were sold, with at least another 100 buyers waiting in line. One property analyst said the lack of recent launches in the area may have driven up sales for the project. Many people took advantage of the May Day holiday to...
The pleasures of life are maximised to the limit at 26 Newton. The 26-storey skyscraper consists of 180 units ranging from 1,2 and 2 + 1 - bedroom to duplex penthouse. Situated at Prime District 11, convenience is not a privilege, but a way of life. In proximity are Orchard Road, CBD and Integrated Resorts. Newton and Novena MRT stations, shopping malls, Newton Food Centre and expressways are within...