TIMING can decide whether the deferred payment scheme (DPS) helps or hurts private home developers, as shown by updates provided this week on two projects. On Friday, Keppel Land revealed that it had yet to receive full payment for about a-third of Suites @ Central, a 157-unit freehold condominium on Devonshire Road that obtained its Temporary Occupation Permit (TOP) earlier this year. In particular,...
The Suites @ Central
Located at Devonshire Road, The Suites at Central comprises an exquisite collection of 157 freehold condominium units. Sitting on an 80,000-sf site, the development is conveniently located within walking distance to the Somerset MRT station and the Orchard Road shopping belt, enjoying a rare combination of exclusivity and accessibility. The 33-storey twin tower condominium development with modern...