This is some blog description about this site
SINGAPORE: Demand for luxury homes in Sentosa Cove may be softening but it is not losing its shine just yet.
Property experts said prices in Sentosa Cove are set to make a rebound, even hitting previous highs seen in 2008 before the global financial crisis.
The upbeat sentiment came following a report by Colliers International on Tuesday which said Sentosa Cove properties are now cheaper than mass market condominiums.
The Urban Redevelopment Authority (URA) launched the food & beverage site at Punggol Point for sale by public tender today.
Punggol Point has been envisioned as a rustic coastal recreation destination with activities and attractions to enhance its unique waterfront location. With the opening of Punggol Promenade, Punggol Point Park and the North-Eastern Park Connector Network, Punggol Point today is a popular destination for residents and visitors alike.
Punggol is rapidly developing into a major commercial and residential hub, underlined by strong interest for the new Watertown development.
Over at the upcoming retail mall Waterway Point (pictured), supermarket NTUC FairPrice Finest and Shaw Theatres have signed on as anchor tenants.
The FairPrice Finest outlet will occupy around 30,000 sq ft of retail space and provide a variety of quality products and value-added services. It will be the 10th of its kind in Singapore and the second 24-hour Finest outlet after Serangoon Gardens.
Watertown condo (above) along Punggol Waterway under construction. Launched early this year, the project is 97 per cent sold, with prices averaging $1,200 psf. It is set to be completed in 2017. -- ST PHOTO: LIM YAOHUIWATER is helping to power the construction boom in Punggol, with developers touting the eco-allures of living close to Sungei Serangoon and Punggol Waterway.
The projects also hope to make waves with buyers by using names like Watertown and River Isles. Eight condominiums and six executive condos, with 8,864 units in total, have been launched since 2010.
An additional 11 Build-to-Order projects - with more than 9,000 units - were also rolled out in the last two years, according to the Housing Board. More flats are expected to be offered which will boost the number from the current 26,000 to 42,000 in 2015.
The projected number of private and HDB homes in Punggol is 96,000.
Coming: Waterwoods EC Punggol
Punggol Central EC coming 2014
Anchorvale Crescent EC coming 2014
