Here’s issue #11 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).
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.
Property and construction company Sim Lian Group Limited has launched its newest condominium, A Treasure Trove in Punggol Central.
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.
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.
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.