Residential

Half of Panorama’s units sold in first release

In its first release on Jan 19, half of the 120 units released for sale at The Panorama condominium were booked. Prices of the units were from $650,000 for the one bedroom units to nearly $2.4 million for the five bedroom units. Most of the units sold were two and three bedroom types from 678 sq ft to 1,130 sq ft in size. The Panorama, developed by Wheelock Properties, is located at Ang Mo Kio Avenue 2, and is Wheelock’s first 99-year suburban condo project here in two decades. Most buyers were reported to be owner-occupiers with young families aged from thirties to fifties.

(Source: Business Times)

Cooling measures not likely to be relaxed: poll

Although home sales and home prices have dropped, a poll by the Business Times for CEOs and industry-group leaders revealed that cooling measures for the ...