They hope to be proverbial early bird that catches the worm; buyers keen on districts 9, 10, 11 spoilt for choice with almost half of this year's launches in these areas
IT MAY be early in the new year, but developers are already starting the ball rolling, with three freehold projects - The Avenir, Leedon Green and Van Holland - in prime Districts 9 and 10 commencing sales.
THE hilltop Olina Lodge was sold on April 20 for S$230.9 million, 5 per cent higher than the reserve price of S$220 million, to Peak Opal, a related company of Kheng Leong.
The sale price works out to a land rate of S$1,712 per square foot per plot ratio. Development charge will not be payable due to the high development baseline.