The first 100 units released for sale at Corals at Keppel Bay will likely be sold from S$1,800 psf to S$3,000 psf, reported The Business Times.
Offered on a 99-year lease, the condominium development comprises 336 units in 11 four and 10-storey blocks.
The first batch of apartments will be previewed today and prices range from S$1.31 million for a one-bedroom unit up to S$10.7 million for a four-bedder deluxe home. Eight expansive penthouses with sizes of up to 7,800 sq ft are also available.
Meanwhile, Elitist Development has started sales at Stratum in Pasir Ris, with average prices at S$900 psf. Around 170 of the total 380 units have been launched.
The low-rise 14-block condo offers studios, one- to five-bedders and penthouses, as well as four-bedroom dual-key units. Sizes range from 432 sq ft to as large as 2,446 sq ft for a five-bedroom duplex penthouse.
Following last month’s lacklustre private home sales, analysts predict May’s figures to hover below 2,000 units as most of the scheduled launches are rather small.
Source : PropGuru – 18 May 2013
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