Residential

More developers offer discounts in light of ABSD

Far East Organisation is offering additional discounts of up to 4% on projects such as The Seawind at Telok Kurau, SeaHill at West Coast Link and euHabitat at Jalan Eunos; CapitaLand is said to have increased its discounts to 10-15% at 1,715-unit d’Leedon, a luxury condominium at Farrer Road. These are to offset the effects of the increased ABSD rates though such high discount rates will probably be seen only in Q1 2013.

(Source: Business Times)

Chee Hoon Ave GCB bungalow plot up for sale

The 15,184 sq ft plot at 8 Chee Hoon Avenue has been put up for sale by auction. The site with a 37-metre frontage and proximity to Botanic Gardens, Cluny Court and Serene Centre as well as schools such Anglo-Chinese School, Nanyang Primary and Raffles Girls’ Primary can potentially fetch over $23 million. The auction will ...