SINGAPORE (THE BUSINESS TIMES) – Wing Tai Asia sold 70 per cent or over 360 units of its latest condominium project, The M, over the weekend, even amid the ongoing Covid-19 outbreak. Units were sold at an average price of $2,450 per sq ft. The M is the first major private residential development opened for[…]
SINGAPORE – A spurt of buying by foreigners and new launches helped buoy Singapore’s property market in January, with developers moving 618 private homes in January, up 14.9 per cent from 538 in the previous month. Developer sales were up 41 per cent from 437 units sold a year ago, marking the highest January sales[…]
SINGAPORE – Construction at City Developments’ Whistler Grand project in West Coast Vale resumed on Wednesday (Feb 12) after its builder voluntarily stopped site work for two days when an employee was suspected of being infected with the coronavirus, The Straits Times has learned. Construction and civil engineering firm Woh Hup, Whistler Grand’s builder, halted[…]
They have priority claims ahead of other unsecured creditors Home buyers left in the lurch after a developer went bust will now have priority claims to their incomplete homes, ahead of other unsecured creditors like contractors. The High Court has ruled that the claims of buyers of the incomplete Sycamore Tree condominium will rank above[…]
Developers had a bit more reason to cheer last year than in 2018, thanks in part to Housing Board upgraders. Owners selling up in the public housing sector to buy in the private market gave a much-needed boost to sales numbers. There were 10,104 units shifted in 2019 – 14.9 per cent more than the[…]
It will show how resilient prices are in prime district after recent drop; analysts expect volatility Freehold luxury project Van Holland, one of the few new launches in the highly sought-after Holland Road area this year, will be watched for how resilient prices are in Singapore’s prime district following their drop in the core central[…]
Excluding ECs, 1,147 units were sold; take-up led by projects in suburban areas Sales of new private homes picked up strongly last month despite the start of the year-end holiday period and amid a property glut, data showed yesterday. Developers sold 1,147 units last month – excluding executive condominiums (ECs) – 23.2 per cent more[…]
Sales record average prices of $2,600 psf to $3,200 psf, with 90% of buyers Singaporean Nearly a third of apartments at One Holland Village Residences have been booked since sales began on Nov 21, at average prices ranging from $2,600 to $3,200 per sq ft (psf). The developer – Far East Organization with partners Sekisui[…]
Two adjacent residential sites in Canberra Drive were put up for sale yesterday. The plots, both with 99-year leases, could yield up to 675 units, the Urban Redevelopment Authority said yesterday. Parcel A spans 13,315.3 square metres (sq m) with a maximum gross floor area (GFA) of 18,642 sq m. It can accommodate about 220[…]
Retail space of Holland Drive mixed-use development has already signed on a few tenants The upcoming mixed-use development One Holland Village in Holland Drive will feature 296 residential apartments, 255 serviced units, as well as retail, office and community spaces. The residences will be open for sale on Saturday. The retail space has already signed[…]
The public preview of Urban Treasures, the newest residential project by Fragrance Group, will take place today at 10am. The freehold condominium along Jalan Eunos in District 14 comprises two 12-storey buildings with 237 apartments. Fragrance Group bought the site of the former Eunos Mansion in a collective sale last year. Indicative prices begin at[…]
Price gap widens, with new sales surpassing resales for the first time in three years While new private home sales appear to be on the rebound, underpinned by higher prices of new launches and resilient demand amid an uncertain economic climate, the outlook may not be as good for resale condos. According to a report[…]