Category Archives: New Launches

Top-line oven to warm home buyers’ hearts

More property developers are throwing in branded ovens and other luxury fittings to draw homemakers

A MIELE oven can do more than bake a cake these days – it might just help whip up a home sale. More developers are including branded appliances in apartments to impress home seekers, and some have certainly stopped to gawk at the gadgetry.

PRICE MATTERS
Despite the inclusion of branded appliances in units, some buyers would still care more about the prices of the homes

But will all house hunters bite? Anecdotal evidence suggests that some would still care more about the prices of the homes, especially if they were never fans of the brands to begin with.

‘The inclusion of branded appliances has both its good and bad points,’ said Chesterton Suntec International research and consultancy director Colin Tan.

‘If the developer knows his target market well, it is a plus… It is a negative if the buyer does not recognise the brand or appreciate it.’

Developers of mid to high-end units have used premium furnishings to boost their projects’ image for some time, but the trend gathered more steam some two years ago when markets boomed.

Rich consumers searched for new ways to spend, and steel fridges and dishwashers quickly became the new status symbols. Continue reading

Lincoln Suites launched

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Officially launched on Saturday, Lincoln Suites is a 175-unit condominium jointly developed by Koh Brothers, Heeton Holdings, KSH Holdings and Lian Beng Group.

The freehold 30-storey project is less than two minutes’ walk from the Novena MRT station.

To be developed on a land area of 59,986 square feet (sq ft), the development comprises studio units, 1- to 4-bedroom units, duplexes and penthouses. Sizes range from some 463-5,490 sq ft.

Average price $1,680 per square foot. Already, 51 out of 56 units offered have been taken up during the preview.

Source : Today – 31 Oct 2009