TWO developers have tied up with financial institutions to offer low interest rates to buyers of certain residential projects. Hong Leong Finance is offering rates of as low as 0.98 per cent a year on loans to buyers of its sister firm City Developments' (CDL) The Residences at W Singapore at Sentosa Cove. For the Waterbank at Dakota condominium, United Overseas Bank (UOB) is offering an enticing deal:...
Waterbank at Dakota
UOL Group has sold about 40 per cent of its 616-unit Waterbank at Dakota condo by yesterday. By some analysts' calculations, UOL stands to book pretax earnings of $135 million to $160 million progressively from the project as it is built once it is fully sold. Prices of typical units range from 'above $1,000 psf to above $1,300 psf'. Buyers were predominantly Singaporeans. Smaller units were first to...
CapitaLand, meanwhile, sells 110 Interlace units over the weekend THE property launch scene continues to buzz. UOL Group is expected to preview its 99-year leasehold Waterbank at Dakota condo this week at prices ranging from above $1,000 per square foot to around $1,300 psf. Over the Good Friday weekend, CapitaLand sold a total 110 units at The InterLace in the Alexandra Road area at $850-1,300 psf....
Living on the City’s Edge Waterfront@Dakota is just within a stone’s throw to the Dakota MRT Station and located at the edge of the city, close to everywhere. Close to the City. Just minutes away from all the hustle and bustle of city life at the Central Business District of Raffles Place & the new Downtown. Close to Sports & Recreation Venues. In close proximity to the new multi-million...