New Condo Launch online

Toh Tuck Site With Record 24 Contenders

credits: st credits: st Tender for the Toh Tuck Road site was launched on 27 Feb 2017 and closed on 11 Apr 2017. A total of 24 bidders jostled for the land parcel put up for sale. This phenomena points to developers’ appetite to grow their land banks in anticipation of sunnier property climate in Singapore. The eventual winning bid for the 99-year residential plot went to Malaysia’s S P Setia…

S$1b Bid By Nanshan Group And Logan Property For Stirling Rd Tender

  Credits: ura S$1 billion tender for a new site near Queenstown MRT Station sets the record for Government Land Sales (GLS) programme residential tender. The Stirling Road land parcel was on the GLS programme Reserve List in Mar, 2010. It was finally launched for public tender in April 2017. This 99-year leasehold plot with a land area of 227,221 square feet (sqft) comes with a gross plot ratio…

Purchasing Executive Condominiums (ECs)

  Executive Condominiums (ECs) are part public and part private, essentially catering to those who are “too rich” to qualify for public housing but “too poor” to afford true blue private apartments. Technically speaking, these are the sandwiched class. ECs enjoy similar facilities as those of private condos. Purchasing ECs is quite similar to buying a government subsidized flat with regards to…

Good performance of New Condo Sales in 2016

  Despite the generally bearish condition in 2016 and the slew of cooling measures in place, sales of new condo in Singapore pleasantly exceeded market forecast. New condo launch sales recorded 8136 units, excluding Executive Condo (EC) figures. The performance of 2016 saw an improvement of 9.4% compared to 2015’s 7440 units sold. Partly due to attractive interest rates, market watchers believe…

Amber Road Freehold Land Parcel By UOL

  UOL has snatched up a freehold piece of land in Amber Road for $156m, considered a superb buy within the property market arena! The 70,000 square feet, addressed at 45 Amber Road used be home to a landscaping and nursery for over 3 decades before the transaction. According to UOL, this piece of prized land, sitting snugly between The Shore Residences and The Sea View, both residential…

Sol Acres Superb Sales

Sol Acres, probably the largest Executive Condominium (EC) new launch to date, saw a pleasant surge in demand for the month of December in 2016. The 1327-unit in Choa Chu Kang recorded over 70 transactions for that month alone. That worked out to be more than 2 units sold per day! In fact, sales for this new launch started to gain traction in July, with a monthly average of more than 55 units…

(via Raintree Gardens En Bloc For $334.2m)