Residential

125 Sky Habitat units sold

125 of the 180 released units at 509-unit 99-year leasehold Sky Habitat project at Bishan have been sold so far. 81% of the units sold were two- and three-bedroom units, and 83% of the buyers are non-investing Singaporeans. The project comprises two 28-storey towers, private terraces and public gardens and three sky bridges. The average price for a four-bedroom unit is $1,642 while a one-bedroom unit costs $1,747 psf on average. An incentive scheme offers a 3% discount for all buyers, an additional 1% discount for existing owners of Capitaland homes and another 1% for buyers living in Bishan.

High private home transaction volumes

Private homes sales (excluding ECs) fell by 1% to 2,393 in March. This is nevertheless a 73% increase from the same period in 2011. With this, Q1 2012’s figures hit 6,682, 41% of the total home sales in 2011. This ...