Property Launches & Investments

This is some blog description about this site

Home
Home This is where you can find all the blog posts throughout the site.
Categories
Categories Displays a list of categories from this blog.
Tags
Tags Displays a list of tags that has been used in the blog.
Bloggers
Bloggers Search for your favorite blogger from this site.
Team Blogs
Team Blogs Find your favorite team blogs here.
Login

Username Register Password Forgot Password?
Remember me

Subscribe to this list via RSS Blog posts tagged in Gramercy Park @ Grange Road

13 new launches planned in coming months

Posted by Property Launch Invest on Saturday, 10 May 2014 in Property News

Only 480 new private housing units were sold in March, compared to 739 units in February and 572 in January, pushing the total sales volume for Q1 2014 to 1,791 units, or the lowest quarterly level since late-2009, revealed a Savills report.

The low number of transactions is due to sluggish sales at new project launches, except for The Hillford which sold all of its 281 units, Riverbank @ Fernvale (84 percent of 211 units sold), RiverTrees Residences (73 percent or 218 units sold) and The Panorama (48 percent of 58 units sold). The 52-unit Cluny Park Residence also saw healthy interest prior to its official launch.

"In the secondary market, Savills analysis of caveats show that 1,010 private residential properties changed hands in the first three months of the year, representing a quarter-on-quarter fall of 26.8 percent." On an annual basis, sales volumes slumped 57.9 percent from 2,397 units in Q1 2013.

Despite the lacklustre sales, 13 residential projects are expected to be released in the next six months, including Pollen & Bleu on Farrer Drive, New Futura on Leonie Hill Road, Gramercy Park on Grange Road and Robin Residences on Robin Road.

Two residential sites launched for collective sale

Posted by Property Launch Invest on Thursday, 12 December 2013 in Property News

Having had its maiden collective sales attempt stymied by the introduction of the total debt servicing ratio (TDSR) framework, Eunosville is back on the market for a second run. Accompanying it is Jervois Gardens, which was also launched for collective sale by tender yesterday.

The 330-unit Eunosville, located opposite Eunos MRT Station, is being put on the market for a minimum price of $688 million, similar to its initial collective sale attempt in June.

St Thomas Walk homes highly priced

Posted by Property Launch Invest on Monday, 23 September 2013 in Property News

The market for luxury homes may be languishing in the doldrums recently but at least one enclave has been holding its own.

The cluster of private homes near St Thomas Walk, off the Orchard Road shopping belt, has notched up decent price gains, property consultants said.

The median price of new uncompleted homes in the area was $2,353 per sq ft (psf) as of the third quarter of the year.
That is a 25 per cent gain from that in the same quarter in 2009.

This translates to hefty prices for new projects. For instance, the upcoming 462-unit Twin Peaks was sold for a median price of $2,703 psf last month.

Price gains in the secondary market were even more substantial, with resale prices surging 46 per cent in about three years, narrowing the price gap between those and new homes.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

13 new launches planned in coming months

Two residential sites launched for collective sale

St Thomas Walk homes highly priced