Eco Sanctuary Units A Big Draw

Source: Business Times –1 December 2012 Almost 200 out of the 299 units released for sale in Eco Sanctuary in Upper Bukit Timah are understood to have been sold, at an average price of about $1,100 per square foot (psf) after discounts. The project on Chestnut Avenue, which will have a total of 483 units, […]

Pasir Panjang Could Be Next Waterfront Living Belt

Source: The Straits Times –1 December 2012 Pasir Panjang is best known for its port and wholesale industry facilities, and is hardly Singapore’s most fashionable address. But consultants say that both commercial and residential property in the area could make good medium-term investments. It could become the next “waterfront living” belt, given its proximity to […]

CapitaLand Unit Offers Top Bid for Bishan Site

Source: Business Times –30 November 2012 Capitaland, in a joint venture with Mitsubishi Estate Asia, offered the top bid for another residential site in Bishan, next to its current Sky Habitat development. The $505 million, or $852.94 per square foot per plot ratio (psf ppr), bid was submitted through Allamanda Residential Development in which CapitaLand […]

Amber Road Condo Enclave Hot with Expats

Source: The Straits Times – 17 November 2012 It used to be a quiet beachfront road lined with old bungalows, but today Amber Road is packed with condominiums and popular with expatriates. The area, in District 15 and near the Parkway Parade mall, still retains some pre-war flavour with historical landmarks such as the Chinese […]

Hot in the Suburbs

Source: The Straits Times – 17 November 2012 City fringe and eastern suburban estates have broken new home price records in the past six months as clear pricing hot spots emerge across Singapore. Once considered sky-high outside upscale precincts, the $1,500 per sq ft (psf) mark is fast becoming the norm in some hot spots […]

KL-S’pore Venture Unveils Plans for Bugis Project

Source: Business Times – 15 November 2012 Khazanah Nasional and Temasek Holdings yesterday unveiled details of their second development project together. DUO, as the project has been named, will comprise two towers of residential, retail, hotel and Grade A office space in Bugis, and be directly connected to the Bugis MRT station. Designed by architect […]

House Hunters Head for Seletar Hills

Source: The Straits Times – 10 November 2012 It is easily overlooked but the quiet private residential enclave of Seletar Hills, with its bungalows and semi-detached houses, is poised for take-off. The estate, nestled between major transport arteries, is on the doorstep of the upcoming Seletar Aerospace Park, perfectly placed to reap the benefits when […]

Thomson View Fetches $590M in En Bloc Sale

Source: Business Times – 7 September 2012 Thomson View condominium has been sold to a consortium led by Wee Hur Development Pte Ltd and Lucrum Capital Pte Ltd for $590 million after two previously unsuccessful en bloc attempts. Including an estimated $107 million premium to enhance the property’s use and a $90 million premium to […]

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