Singapore Property News This Week #140

Residential Half of Panorama’s units sold in first release In its first release on Jan 19, half of the 120 units released for sale at The Panorama condominium were booked. Prices of the units were from $650,000 for the one bedroom units to nearly $2.4 million for the five bedroom units. Most of the units sold…

Singapore Property News This Week #139

Residential All 281 units of Hillford sold All 281 units at 60-year leaseholdThe Hillford, Singapore’s first retirement resort, were sold within five hours on Jan 18 from about 1,000 prospective buyers with earlier indicated interest. The average price for the units is $1,100 psf. 186 of all the units are in one-bedroom configurations, with size…

Singapore Property News This Week #101

Residential Twin Fountains at Woodlands 2.3 times subscribed Twin Fountains, the first EC launched in Woodlands since 2005, saw a total of 963 e-applications for its 418 units, making it 2.3 times subscribed. One third of the subscribers are first-time buyers, the rest are second-time buyers. Its appeal lies in its location, being near the…

Singapore Property News This Week #96

Residential 43% of 99-year Urban Vista sold 250 or 43% of the 99-year leasehold 582-unit Urban Vista condominium project located at the junction of New Upper Changi Road and Tanah Merah Kechil Link has sold been at an average of $1,350 psf after a 7% discount. Units sold were mostly one- to three-bedroom units. There…

Singapore Property News This Week #94

Residential Slew of launches expected in March With a slew of launches expected in March, sales figure for the month is expected to be strong. The launches expected include The Trilinq in Clementi, Sennett Residence in Potong Pasir, Urban Vista in Tanah Merah, Bartley Ridge and Kingsford.Hillview Peak; all are 99-year leasehold projects. The Trilling,…

Singapore Property News This Week #87

Residential Few units sold at showflats following new cooling measures The new cooling measures which include the cap on EC unit sizes at 160 sq m, and the inclusion of private enclosed spaces and private roof terraces in the 10% bonus GFA had resulted in slower sales at showflats – CityLife@Tampines, which had only 20…

Singapore Property News This Week #82

Residential Freehold Whitley Residences and Village held previews 19 freehold cluster homes at The Whitley Residences near the upcoming Mount Pleasant Station under the Thomson Line were sold to Singaporeans at about $5 million each or $850 psf on strata area after a 12% discount and absorption of the 3% buyer’s stamp duty at its…

Singapore Property News This Week #81

Residential Changes made to restrictions on redevelopment of en bloc sites In response to feedback from the industry, there have been changes made to the regulations of the redevelopment of en bloc sites. Currently, foreign developers buying residential en bloc sale sites are given a five-year project completion period (PCP) which starts  from the date…

Singapore Property News This Week #80

Residential The Topiary at Seletar Hills to open for e-application 700-unit The Topiary, an EC development along Fernvale Lane, at Seletar Hills has been opened for e-application. The development with a mix of two-bedroom, three-bedroom, dual-key, and single-storey penthouses is expected to fetch from $700-$720 psf. There are mainly three- and four- bedroom units, with…

Singapore Property News This Week #63

Residential Busy week for developers the last week Developers had been enjoying a busy week with sales coming in. Freehold 107-unit The Line@Tanjong Rhu has also sold 15 units at an average price of $2,100 psf. 54-storey 510-unit 99-year V on Shenton has sold almost 50 units in the last week, bringing the total transacted…