Over 510 units of the 670-unit Parc Rosewood have been sold in the three weeks since its preview on January 28. In the past week alone, 120 units of the condominium development in Woodlands have been taken up. Kensington Land said on Monday that it was extremely encouraged by the "strong response" from buyers who found its luxury resort concept and prices very appealing. Source : Channel NewsAsia - 20...
new launches
Demand for new private residential properties in Singapore rose sharply in January according to data from the Urban Redevelopment Authority. Last month, 1,872 units of new homes, excluding executive condominiums (EC) were sold - more than double the 632 units moved in December. The top selling project in January was Watertown situated at Punggol Central, with 770 units sold. Other star performers for...
January’s private home sales may have improved from the mere 632 units sold in December, as developers could have sold about 1,700 to 1,800 private homes, not including executive condominiums (ECs). Sales dropped 53 percent year-on-year and 63 percent month-on-month in December, down from the 1,702 units sold in November. If ECs, a private-public housing hybrid are counted, December’s sales would hit...
The launch of Parc Rosewood condominium over the weekend saw 70 per cent of the 236 units that were offered being sold. But this is after developer Kensington Land decided to price the units at between 8 and 10 per cent lower than comparable transacted home prices in the same area. Located close to Woodlands Regional Centre, prices were from about S$398,000 for a one-bedroom unit, S$568,000 for a...
Several new launches will be rolled out soon, as developers ride the current strong home buying momentum created by the launch of Watertown condo in Punggol. According to a report by The Business Times, The Tampines Trilliant executive condo (EC) and the Parc Rosewood in Woodlands are among the projects expected to go on the market. Developed by Sim Lian Group, The Tampines Trilliant EC project is...
Over 90 percent of the more than 550 units sold so far at Watertown condo in Punggol have been snapped up by Singaporeans, proving that the additional buyer's stamp duty (ABSD) imposed recently has succeeded in cooling foreign buying. According to a Business Times report, this is down from a share of around 80 percent at other suburban condos launched last year, including The Tennery in Bukit Panjang,...
It's the second day of the Lunar New Year and while most were out and about visiting friends and relatives, hundreds flocked to the Watertown showflat in Punggol Central. The S$1.6 billion project has attracted brisk sales since the launch on January 20 and, 483 units out of 596 released have been snapped up. Buyers made sure they took time off from visiting relatives and friends to check out the...
More than 160 of the 250 units available for sale at the preview launch of Watertown, Singapore's first integrated waterfront residential and retail development, were snapped up within five hours yesterday evening. Singaporeans accounted for more than 90 per cent of the buyers, said Far East Organization, one of the three developers of the project. The SOHO apartments and suites received the most...
Singapore's first integrated waterfront residential and retail development, Watertown, has been launched in Punggol Central. The project, which costs more than S$1.6 billion, is a joint venture between Far East Organization, Frasers Centrepoint and Japan's Sekisui House. It includes 992 residential units, which will be open for sale within the next two weeks. Prices begin from S$1,080 per sq...
Singapore-listed SingXpress Land said on Monday it has sold about 80 per cent of luxury freehold development Charlton Residences at an average price of S$2.8 million per unit as of Sunday. The 21-unit three-storey cluster development, located in Kovan district, is expected to obtain its Temporary Occupation Permit in 2014. The three-storey landed designer homes range from 5,350 to 7,696 square feet, each...