Category Archives: New Launches

8 Napier bags design award in Hong Kong

The 46-unit residential development 8 Napier  along Napier Road in Singapore has won the Merit Award in the overseas category at the Hong Kong Institute of Architect (HKIA) Annual Awards.

Designed by architectural firm Aedas, the project comprises a 10-storey apartment block that uses eco-friendly green designs and simple spatial concepts.

“Aedas is extremely proud that our international design is once again being recognised and awarded,” said Keith Griffiths, Member of the Board at Aedas International.

“At Aedas we believe that great design can only be delivered by people with a deep social and cultural understanding of the communities they are designing for. This is why our team was able to come up with and realise, in architectural expression, a new concept of apartment living by creating a city sanctuary in one of the most densely populated cities.”

Source – PropGuru – 23 May 2013

Condo sales heat up

New mass market projects launched last weekend received strong interest from home buyers, reported The Straits Times.

The 380-unit Stratum sold 190 of the 250 units released under its initial phase. The 99-year leasehold project by Elitist Development was launched at around S$900 psf.

Roxy-Pacific Holdings’ 121-unit Whitehaven sold close to 70 units at average prices of S$1,470 and S$1,480 psf, said Chief Executive Teo Hong Lim.

Meanwhile, the 336-unit Corals at Keppel Bay sold over 80 of the initial 100 units at its preview. Prices ranged from S$1,800 to S$3,000 psf. Most of the buyers were Singaporeans with one- to three-bedroom units being snapped up.

The report added that the condo development will be launched this weekend. Corals is the third project developed by Keppel Land on its Keppel Bay site, following the 969-unit Caribbean at Keppel Bay and 1,129-unit Reflections project.

Moving forward, more developments will be launched this month, including the 142-unit KAP Residences at King Albert Park – a project by Oxley Holdings, and Roxy-Pacific’s 64-unit Liv on Sophia.

The 12-storey NeWest mixed development on West Coast Drive may also come on to the market soon along with the 118-unit cluster housing project Belgravia Villas in Ang Mo Kio which would likely be priced from S$2.9 million.

Source – PropGuru – 22 May 2013