Singapore Property – Top 5 News Stories This Week #11

Here’s issue #11 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).

1. The Arc at Tampines seen as most successful EC project in recent times

A Hoi Hup led-consortium sold 220 units at the Arc at Tampines executive condo (EC) project during balloting yesterday, at an average price of S$722 psf.

2. Condo units at A Treasure Trove selling at brisk pace

Property and construction company Sim Lian Group Limited has launched its newest condominium, A Treasure Trove in Punggol Central.

3. Park West in Clementi goes en bloc

Park West, a prime residential site at Jalan Lempeng in Clementi, has been launched for en bloc sale with an indicative price of S$803 million.

4. The Luxurie at Sengkang a big hit with property hunters

Keppel Land Limited has seen strong response for The Luxurie at Sengkang, with over 180 units sold at an average price of S$980 psf since sales started last week.

5. Housing in high demand, prices stable

Singapore property prices will remain stable in the medium term, with key home-buying factors like upgrading and investment still expected to drive up demand, said a My Paper report.

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