Two new condo developments in a Sengkang area are launching at around the same time, raising the possibility of a price war. This comes on the back of a fall in suburban private home prices. Prices of suburban condo units dropped 1 per cent in the last quarter of 2013. That is the first dip in about four years, or since the second quarter of 2009. Some analysts said the drop has made property...
Riverbank
Riverbank @ Fernvale is one of two private residential developments in Sengkang that will be launched for sale this month. Its developer, UOL, said units will be priced at an average of "slightly above S$1,000 per square foot". The 99-year leasehold project comprises 555 apartments -- 488 of them are one-, two- and three-bedroom units. The selling price of a one-bedroom unit will start from...