City Developments said Monday that it sold 115 units of its Executive Condominium at Blossom Residences to second-time buyers and upgraders on Sunday. This follows the initial launch to eligible buyers, mainly first-timers on July 7, when 150 units were snapped up. To date, a total of 319 units have been sold. The units at the 602-unit development, which is located along Segar Road at Bukit Panjang, are...
Executive Condominiums (EC)
City Developments Limited (CDL) has launched its latest development, a 602-unit Executive Condominium (EC), in Bukit Panjang. Called Blossom Residences, it is located along Segar Road, with views of surrounding nature parks, including Bukit Panjang Park, Upper Seletar Reservoir and Bukit Timah Nature Reserve. Bookings for the development began on Thursday and 150 units have been sold on its first day of...
A tender for a land site to build a Executive Condominium (EC) at the junction of Punggol Way and Punggol Field has received only three bids. This is according to provisional results released by the Housing and Development Board. The highest bid was at S$219.47 million, from FCL Tampines Court and Keong Hong Construction. This works out to S$270 per square foot per plot ratio for the site. According to...
The HDB will release another land site meant for executive condominium housing. The site at Upper Serangoon View is being made available for application under the reserve list of the government land sales programme for the first half of this year. Under the Reserve List System, developers who are interested in purchasing the land can submit their application indicating the minimum offer price to...
Executive condos (EC), a hybrid of private and public housing, are now returning to the spotlight. On 26 May, the government launched the 11th EC site since 2010, a plot in Punggol that can house around 720 homes. Meanwhile, Chip Eng Seng and NTUC Choice Homes recorded rapid first-day sales for their Belysa project in the Pasir Ris / Elias Road area. Of the 315 units, 147, comprising three- and...
The Housing and Development Board (HDB) has closed the tender for a residential site at Tampines Central 7 after receiving four bids. The highest bid came from developer Sim Lian Land for S$278.8 million. The land parcel has a site area of 22,000 square metres and a maximum gross floor area of 66,000 square metres. The site, slated for executive condominium (EC) housing, was launched for public tender...
The Housing and Development Board has awarded the residential land parcel at Choa Chu Kang Drive to Camborne Developments. The developer had submitted the highest tender price of S$170.1 million out of the six bids for the site that is proposed for executive condominium (EC) housing. The 17,590 square metre site was launched for sale on January 21 and closed on March 22. The 99-year leasehold site has a...
The number of foreigners buying resale executive condominiums (ECs) is increasing, pushing prices up to record levels. According to research and consultancy firm Savills, foreigners, including permanent residents (PRs), accounted for 33 percent of the resale transactions recorded last year. It said that 321 ECs were acquired by foreigners last year, with Indian nationals making up the biggest share,...
The Housing and Development Board (HDB) has received six bids for the land parcel proposed for executive condominium (EC) housing at Choa Chu Kang Drive. The 49,250 square metre site was launched for sale on January 21 and closed at noon on Tuesday. The highest bid came from Camborne Developments at S$170.1 million, followed by a joint bid of S$159 million by FCL Tampines Court and Keong Hong...
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...