Category Archives: Developers

Novena condo to offer smaller units at soft launch

AN UPMARKET freehold condo in the Novena area, that has been adapted to create smaller units than first planned, will have a soft launch tomorrow.

An artist’s impression of Lincoln Suites at night. The average price of a unit is $1,680 per sq ft.

Lincoln Suites is being developed by a consortium comprising Koh Brothers Group, Heeton Holdings, KSH Holdings and Lian Beng Group.

The first phase consists of 56 units located on the 6th to 12th floors at an average price of $1,680 per sq ft. Most of the lower floors are for the project’s 190 car park lots.

As with many developments these days, Lincoln Suites was reconfigured to fit a number of small units – 44 studio units and 22 one-bedders. Prices start at over $800,000 for a small unit. Continue reading

46-storey building, but it has levels 68 and 88

A Hong Kong developer which sold an apartment for a world-record price was yesterday condemned for selectively numbering the 46- storey building’s floors to attract Chinese buyers.

Henderson Land Development sparked a debate over developers’ ethical standards with its latest project, 39 Conduit Road, when it numbered the two highest levels of the building 68 and 88, lucky numbers for Chinese people.

The number ‘eight’ sounds like ‘fortune’ in Mandarin and Cantonese. Chinese people like the number ’88’ as it symbolises ‘double fortune’ and ’68’ as it sounds like ‘continuing fortune’.

Mr Albert Ho, chairman of the Democratic Party, said the government would be encouraging unscrupulous property marketing practices if it did not intervene. Continue reading