Property
Singapore Property News This Week #63
By Singapore Property Blog  •  August 8, 2012
Singapore Property News This Week #63

Residential

Busy week for developers the last week

Developers had been enjoying a busy week with sales coming in. Freehold 107-unit The Line@Tanjong Rhu has also sold 15 units at an average price of $2,100 psf.

54-storey 510-unit 99-year V on Shenton has sold almost 50 units in the last week, bringing the total transacted units to over 140 out of its 190 released units. The average price for the project is $2,200, while absolute prices start from a little under a million dollars for a 441 sq ft city-facing studio unit on the 17th floor. A penthouse was also sold for $13.5 million. Buyers are mainly Singaporeans, and some are from Indonesia, China and India.

Meanwhile, another 100 units at 99-year leasehold 16-storey 618-unit Parc Centros near Punggol MRT station has been sold, bringing the total number of units sold to around 480 units. The remaining 90-plus ...

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By Singapore Property Blog
Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...
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