Tag Archives: Cyan

Buying interest in new homes still high

Posted on 27 Sep 2009 | Comments Off on Buying interest in new homes still high

HOME buyers are still biting, if the preview sales at Hundred Trees condo in the West Coast area are anything to go by.
The 956-year leasehold condo, at the former Hong Leong Garden condominium site in the West Coast area, has 396 units priced between $500,000 and $2.6 million. — ST PHOTO: SHAHRIYA YAHAYA

City Developments (CDL) said it had sold 200 of the 280 units released so far as at 6pm yesterday. Buyers included a significant number of HDB upgraders, sources said.

The 956-year leasehold condo at the former Hong Leong Garden condominium site boasts 396 units priced from $500,000 to $2.6 million.

The first 40 units – out of 150 units released at $895 per sq ft (psf) on average – were sold on Thursday at a preview for staff and former owners of Hong Leong Garden condo, sources said. Continue reading →

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Posted in Developers, New Launches, Property Market / Real Estate

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Hundred Trees condo priced at $895 psf

Posted on 25 Sep 2009 | Comments Off on Hundred Trees condo priced at $895 psf

CITY Developments Ltd (CDL) is said to have begun selling the first phase of the 956-year leasehold Hundred Trees condo in the West Coast area at an average price of $895 per square foot.

Buyers can opt for an interest absorption scheme (IAS) – but they’ll have to pay 2.5 per cent more.

About 150 of the project’s total 396 units are believed to have been released under the first phase.

Sales to former owners of the Hong Leong Garden Condominium – from whom CDL bought the site through a collective sale in 2007 – began yesterday. CDL staff as well as special guests were also invited to purchase units at Hundred Trees yesterday.

The preview for other buyers who had pre-registered interest in the development begins today.

BT understands that one and two-bedroom apartments, and two bedroom-plus-study units make up around 40 per cent of total units in the 12-storey condo.

Prices of one-bedders, which are about 485 square feet, begin from over $500,000. Two bedders range from 690 to 786 sq ft while two-plus-study units are between 915 and 1,227 sq ft. Continue reading →

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Posted in Developers, New Launches, Property Price

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