Residential

Heron Bay attracts 1,664 applicants for 394 units

The Heron Bay EC project in Upper Serangoon View attracted a total 1,664 applications for its 394 units leading to a subscription rate of 4.2 applicants for each unit. Its appeal lies in its luxury features such as a six-metre jaccuzzi pool or a garden pond, e European household appliances, free fibre broadband service for a year, a basement carpark and a swimming pool with hydroactivated water. The average price of a unit is $715-720 psf with smallest 775 sq ft at $560,000 and a 2,841 sq ft five-bedroom penthouse at $1.5-1.6 million. Balloting will be conducted in about two weeks with successful applicants being able to book their units from Oct 26.

(Source: Business Times)

Number of local purchase of luxury homes increase in 2012

Singaporeans have bought a total of 46 luxury homes in 2012 so ...