New Condo Launch online

New Condo Launch Online provides insights to and updates of the property market in Singapore.

[newcondos]

Toh Tuck Site With Record 24 Contenders

Toh Tuck Site With Record 24 Contenders

credits: st credits: st Tender for the Toh Tuck Road site was launched on 27 Feb 2017 and closed on 11 Apr 2017. A total of 24 bidders jostled for the land parcel put up for sale. This phenomena points to developers’ appetite to grow their land banks in anticipation of sunnier property climate in Singapore. The eventual winning bid for the 99-year residential plot went to Malaysia’s S P Setia…

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[newcondos]

S$1b Bid By Nanshan Group And Logan Property For Stirling Rd Tender

S$1b Bid By Nanshan Group And Logan Property For Stirling Rd Tender

  Credits: ura S$1 billion tender for a new site near Queenstown MRT Station sets the record for Government Land Sales (GLS) programme residential tender. The Stirling Road land parcel was on the GLS programme Reserve List in Mar, 2010. It was finally launched for public tender in April 2017. This 99-year leasehold plot with a land area of 227,221 square feet (sqft) comes with a gross plot ratio…

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Purchasing Executive Condominiums (ECs)

Purchasing Executive Condominiums (ECs)

  Executive Condominiums (ECs) are part public and part private, essentially catering to those who are “too rich” to qualify for public housing but “too poor” to afford true blue private apartments. Technically speaking, these are the sandwiched class. ECs enjoy similar facilities as those of private condos. Purchasing ECs is quite similar to buying a government subsidized flat with regards to…

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[newcondos]

Good performance of New Condo Sales in 2016

Good performance of New Condo Sales in 2016

  Despite the generally bearish condition in 2016 and the slew of cooling measures in place, sales of new condo in Singapore pleasantly exceeded market forecast. New condo launch sales recorded 8136 units, excluding Executive Condo (EC) figures. The performance of 2016 saw an improvement of 9.4% compared to 2015’s 7440 units sold. Partly due to attractive interest rates, market watchers believe…

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[newcondos]

Amber Road Freehold Land Parcel By UOL

Amber Road Freehold Land Parcel By UOL

  UOL has snatched up a freehold piece of land in Amber Road for $156m, considered a superb buy within the property market arena! The 70,000 square feet, addressed at 45 Amber Road used be home to a landscaping and nursery for over 3 decades before the transaction. According to UOL, this piece of prized land, sitting snugly between The Shore Residences and The Sea View, both residential…

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[newcondos]

Sol Acres Superb Sales

Sol Acres Superb Sales

Sol Acres, probably the largest Executive Condominium (EC) new launch to date, saw a pleasant surge in demand for the month of December in 2016. The 1327-unit in Choa Chu Kang recorded over 70 transactions for that month alone. That worked out to be more than 2 units sold per day! In fact, sales for this new launch started to gain traction in July, with a monthly average of more than 55 units…

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[newcondos]

(via Sengkang Site Top Bid By Sing Development-Wee Hur Development)

[newcondos]

New condo launch The Line @ Tanjong Rhu by Condo singapore Via Flickr: The Line @ Tanjong Rhu epitomizes the hallmark of modern living, much to the envy of many! Its luxurious and contemporary design speaks volume of the prestige and pride it offers. Facilities are simply top class, ready to pamper and sooth the mind, soul and body. View The Line @ Tanjong Rhu sitemap floor plan

[newcondos]

Three Balmoral, a freehold new condo Singapore launch by Condo singapore Via Flickr: Three Balmoral is in the Balmoral Road locality and is only 2 minutes drive to Orchard Road shopping belt. It is also easily accessible to nearby eateries and luxurious hotels and country clubs. Register with us to be the very first to receive Three Balmoral full range of floor plan.

[newcondos]

(via Raintree Gardens En Bloc For $334.2m)

Tender closed on 5 Oct 2016. Raintree Gardens at Potong Pasir Avenue 1 has been sold via en bloc to UVD (Projects) which is a joint venture between UOL Group and United Industrial Corporation (UIC). Raintree Gardens is a former HUDC estate which was privatized in July 2014.

[newcondos]

(via Second Land Parcel in Paya Lebar Central)

[newcondos]

Queens Peak Singapore condo by Condo singapore Via Flickr: Queens Peak, the latest talk of the town is coming up right next to Queenstown MRT station! Sitting on a land size of more than 110,000 square feet, this new condo launch is a 99-year leasehold residential development comprising an estimated 700units of different sizes. Queens Peak is developed by renowned HY Realty. Register with us to be the very first to receive Queens Peak first-hand information.

[newcondos]

(via Commonwealth Towers | New Condo Launch 61002500)

[newcondos]

New condo launch SIMS Urban Oasis by GuocoLand

[newcondos]

No Relaxing of Singapore Property Curbs Soon

The Singapore real estate will not see any easing of property curbs yet.

The mortgage refinancing rule has been eased last week by the Monetary Authority of Singapore (MAS). It took effect on 1 Sep 2016. This is not to increase demand for new home loans but rather to help alleviate current homeowners’ loan burdens. The rule does not apply to new home loans so essentially it is not to create new demand for housing loans.

[newcondos]

New-Condo-Launch-Coco-Palms-Facade by Condo singapore Via Flickr: Coco Palms is a new condo Singapore launch in the East.

[newcondos]

Rivertrees Residences Club House | Singapore condo by Condo singapore Via Flickr: Frasers Centerpoint Homes proudly propose a new condo Singapore launch by the name of Rivertrees Residences. Located at Fernavale Close, Rivertrees Residences is being established just 3 minutes’ walk from the Layar LRT...Register with us to be the first to receive Rivertrees Residences full range of floor plan.