#ardmore three

Some Developers Offer 30% Discount

To avoid paying hefty extension charges, some property developers are resorting to big discounts and creative marketing schemes to move units at various high-end residential projects, according to UOB Kay Hian and reported Singapore Business Review.

Wheelock Properties, for instance, is offering an ABSD assistance package at Ardmore Three, offering buyers discounts of 13 to 15 percent on top of…

Developers’ offers catch officials’ attention

Developers have been getting creative with schemes to entice buyers back to a slow market but some of them are tripping up over the fine print of the regulations.

While they may appeal to cash-strapped buyers, some of the concepts at uncompleted projects are crossing the line, forcing the Urban Redevelopment Authority (URA) to step in. (more…)

Property market emerging from the doldrums?

Slowly but surely, the property market is emerging from its slumber, with more activity expected in coming months, going by recent data.

Both private apartment and Housing Board flat resale volumes last month were the highest in about three years, according to flash estimates from SRX Property. (more…)

Price cuts at some housing projects help boost sales

Some developers have been reducing prices for their projects, encouraging sales in the process.

Ardmore Three in Ardmore Park has sold about 20 units since relaunching last month at effective prices of about $2,600 to $2,700 per sq ft (psf) – after factoring in a 15 per cent cash rebate. This is below earlier launch prices of $3,400 to $3,500 psf. Sales are decent considering most units at the…