About 65 per cent or 215 units of The Gale condominium development in Loyang were sold at a preview that started last Friday. The units were sold at an average price of S$650 to S$700 per square foot. Due to the strong demand, Hong Leong Holdings had decided to release more than the 80 units originally slated for release. The official launch of The Gale will be held this Saturday, July 18. Hong Leong...
The Gale
Private home buyers remain unfazed despite the global economic downturn and the government's recent proposal to tax speculators who sell more than one property within a four-year period. Freehold condominium "The Gale" in Loyang has certainly caused quite a storm. Prices average S$700 per square foot and so far, half its 330 units have been snapped up. It is an encouraging sign for developer Hong Leong...
Hong Leong Holdings has said it will hold a preview of its latest development, The Gale, on Friday. It will also start taking bookings for up to 80 units during the preview. The freehold condominium in Changi has 329 units in all. At the preview, the available units will be priced from S$600 to S$700 per square foot. Buyers will also have the option to take up the Interest Absorption Scheme, under which...