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Property developer MCL Land has seen strong interest for its Ripple Bay condo (pictured) in Pasir Ris, with 270 units sold at the 679-unit project as of 8pm yesterday. According to a Business Times report, buyers were mostly Singaporeans with a good spread of one- to three-room units snapped up.
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The Housing and Development Board (HDB) has released two new executive condominium (EC) sites located at Tampines Central 7 and Woodlands Avenue 5 under the confirmed list for H1 2012. Together, the 99-year leasehold sites could yield 1,300 EC units.
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Far East Organization (FEO) has recorded strong take-up for its second SOHO development, The Hillier, launched on 1 January 2012. As of today, around 225 of the 333 one- and two-bedroom SOHO units released have been sold at an average of S$1,175 psf, with most of the buyers being Singaporeans and permanent residents (PRs). Located along Hillview
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Property developers UOL Group and Singapore Land have witnessed strong take-up at their joint condo development, Archipelago. The consortium sold slightly more than 100 of the 190 units released for preview sales, which began last Friday. With an average price of S$1,000 psf, the five-storey 99-year leasehold project is located within 500 metres from the upcoming Bedok
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The days of good bargains in Tiong Bahru are over, as a 1,000 sq ft pre-war flat that cost around S$680,000 three years ago is now priced at around S$1 million. The significant price increase is primarily attributed to the transformation of the once-sleepy neighbourhood into a popular residential and commercial enclave. While the area
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Several analysts have said that data for private home sales, which is expected to be released this week, could fall by 15 to 20 percent month-on-month to between 1,200 and 1,600 units in October. Private home sales in September were strong, with buyers snapping up 1,631 units and defying market expectations, as the country faces
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Thai property developer Sansiri has revealed plans to launch its first condominium project on the island of Phuket. The THB560 million (S$23 million) dCondo-branded development in Kathu will feature 556 units in three eight-storey buildings. Prices will range from THB999,000 to THB1.4 million (S$41,170 to S$57,700) for a 29-30 sq m unit. The company first
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Landed home prices in Singapore grew at a faster pace than those of non-landed homes in the third quarter of this year, according to DTZ Research. Average resale prices of leasehold landed homes in non-prime districts grew 3.8 percent quarter-on-quarter in Q3, while average resale prices of freehold landed homes in the prime districts of
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While prices of private homes have continued to moderate for over a year, residential sites are witnessing a softening in bid prices. In addition, strong sales have been recorded at new launches, such as the Meyerise at Meyer Road, which sold 35 percent of its units, and the Luxurie in Sengkang, that sold 25 percent.
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