OF the many innovative features for GEM Residences that its developers came up with, one particular scheme has ruffled the feathers of the housing regulator. BT understands that under a "specimen cheque scheme", the joint developers - Gamuda, Maxdin, and Evia Real Estate - issued cheques of S$7,500 or S$10,000 to prospective buyers who then submitted these for expressions of interest. The buyers could...
new launches
Located in the same vicinity as some of Singapore’s most prestigious addresses. Minutes from the CBD, the hotbed of top banking institutions, global conglomerates and corporate giants, Forte Suites is truly a place where extravagance is more a norm, than an exception. A mere 7 minutes drive from Orchard Road’s sensational fashion and entertainment scene, Forte Suites is right in the heart of the...
Sales of new private homes fell 11.6 per cent in April despite more property units being launched. Excluding executive condominiums (ECs), property developers sold 745 units last month compared with the 843 units sold in March, data from the Urban Redevelopment Authority (URA) showed on Monday (May 16). Including ECs, 1,291 units were sold, down from March's 1,328 units. Excluding ECs, 900 units were...
CHEUNG Kong Property Holdings, which is developing private condominium project Stars of Kovan, has released a lower average pricing of S$1,417 per square foot (psf) for the first batch of units to be released for sale this weekend. This represents a larger-than-expected drop from the indicated prices released earlier, and comes on the heels of the full price-list released by the developers of GEM...
Kallang Riverside is a luxrious freehold mixed development @ the Greater Marina Bay District. Besides being conveniently linked to the New Sports Hub, URA Master Plan 2013 had outlined the Major Transformation Plan of the area which consists of 64-ha Waterfront Precinct of 4,000 new residential homes, 3,000 prime waterfront hotel rooms and approximately 400,000sqm of offices, retail & entertainment...
The launches of two residential projects over the long weekend were met with muted response, with the Parc Life executive condominium (EC) project in Sembawang by Frasers Centrepoint Limited (FCL) and Keong Hong Holdings selling over 50 units of the total 628 units as at Monday. This translates to a take-up rate of 8 per cent, despite the developers throwing in S$3,000 worth of Frasers shopping mall...
KEPPEL Land (KepLand) is launching its Highline Residences on April 30, with a new block which has 60 units released for sale. The developer had previously sold about 86 per cent of the 210 released units at private events held for registered prospects. In September last year, KepLand said home buyers had picked up more than 80 per cent of the first 160 units released at its closed-door sales at an...
Victoria Park Villas is an exclusive and prestigious landed development in the prime District 10 offering 106 semi-detached houses and three distinctive bungalows. Sitting on a 403,000 square feet site at the junction of Coronation Road and Victoria Park Road, Victoria Park Villas is a rare collection of landed houses perched on elevated land along Victoria Park Road within the Good Class Bungalow...
During a VIP preview event held on April 23, 122 units of the 305-unit Sturdee Residences were sold at an average price of S$1,550 per square foot.Of the buyers, about 20 per cent are foreigners and permanent residents. In terms of units sold, 80 per cent were one- and two-bedroom units. A total of three penthouses were sold; two of these are the largest formats (1,830 sq ft) and were priced at S$3.2...
Located just a short drive away from the heart of the city, residents of Sturdee Residences will enjoy great access to the central prime districts such as Orchard Road, Singapore’s shopping paradise and the Central Business District such as Shenton Way. The Farrer Park MRT station is also a short leisure walk away, and it takes only 2 to 4 stations away to reach the city area such as Dhoby Ghaut, Raffles...