Residential

EL Development launches DBSS project Trivelis with high indicative pricing

888-unit Trivelis, developed under the Design, Build and Sell Scheme (DBSS) at Clementi Ave 4, consists of three 40-storey towers with three-room to five-room flats, with more than 50 % being four-room flats. Prices of three-room flats (646 sqft), four-room units (861 sqft to 883 sqft) and five-room flats (1,130 sqft) will range from $375,000 to $470,000, $530,000 to $650,000 and$658,000 to $770,000 respectively. This is higher than the price of resale flats, and rather close to executive condominium (EC) prices. This may be due to its location (proximity to MRT station and schools), its height, the lack of competitors in the area and the high demand in the HDB market.

99-year leasehold Yishun EC site draws $213.8m top bid.

MCC Land (Singapore) offered a top bid of $213.78 million or $292.57psfppr for the 292,277.6 ...