City Developments (CDL) moved 18 units of its high-end condominium project New Futura at an average selling price of $3,200 per sq ft (psf) on the first day of its launch last Thursday. Market watchers deemed this a decent showing, given that most of the units sold were the four-bedroom and three-bedroom units. CDL said [...]
Thailand’s full-service real estate developer Sansiri and Japanese conglomerate Tokyu Corp. whose illustrious portfolios include railway development and operation in the peripheries of Tokyo, urban and real-estate development, hotel and resort operations and various other businesses, have joined forces to develop property for both Thai and foreign buyers under a new joint venture named Siri [...]
Sansiri Public Company Limited flexed its real estate development muscle to rake in 85 percent sales during the two-day pre-sales of “taka HAUS” project translating into 1,700 million baht – well over the 1,000-million-baht target – as the project’s roadshows in Japan, Hong Kong, China, Singapore and Taiwan netted over 30 percent of sales. [...]
Le Quest sells all units launched on first day Le Quest, a Qingjian Realty (South Pacific) Group mixed development project in Bukit Batok, sold 280 units on its first day of sales on Saturday. The take-up was an oversubscription as only 200 were initially released for sale. The developers said studio to three-bedroom units [...]
New EC to launch as market revives E-applications for an upcoming executive condominium (EC) in Yio Chu Kang Road open next Tuesday, amid a rallying residential property market. The 531-unit Hundred Palms Residences is the second EC to hit the market this year. It follows the 497-unit iNz Residence in Choa Chu Kang, which [...]
Frasers Seaside Residences - Almost 400 Units Sold . Average price fetched at weekend launch is understood to be S$1,700 per square foot Keen buying demand was seen in the latest condominium launch, with Frasers Centrepoint Limited (FCL) moving close to 400 units at the 843-unit Seaside Residences' weekend launch, at an average price that [...]
Australian developer Lendlease sold 215 of the 429 residential units at Park Place Residences last Saturday, 25th March 2017. Park Place Residences is part of the Paya Lebar Quarter. Lendlease had earlier planned to release 40% of the units but due to overwhelming response, an additional 10% of the units were added to the available [...]
Lendlease's development at Paya Lebar Quarter received an overwhelming response on the first day of launch. Approximately 200 units in the 429 unit development were sold. Prices were in the $17xx to $18xx per square foot range. Higher than what most had anticipated but the response was still extremely strong and sales were extremely brisk. [...]
Developers' sales momentum had picked up this year, even before the recent easing of the property cooling measures; sales figures for February bear this out and March figures are projected to be even more sterling. A total 977 new private homes and 329 executive condominiums (ECs) were sold by developers last month - respectively [...]
The easing of some property cooling measures, particularly the seller's stamp duty (SSD), saw no immediate surge on new home sales at the weekend. Property agents told The Straits Times there was no buying frenzy and that it was largely business as usual at many show-flats. It probably got people more interested in [...]
