Tag Archives: Hundred Trees

Sales of uncompleted private homes fall 36.6% in Sept

Posted on 15 Oct 2009 | Comments Off on Sales of uncompleted private homes fall 36.6% in Sept

Sales of uncompleted private homes took another dip in September, the second month of decline, after hitting a record high in July where 2,772 units were sold.

A total of 1,143 units were sold last month, a 36.6 percent fall from August.

Market watchers said this level of activity is more sustainable going forward.

5,719 units were sold in the third quarter alone, more than the whole of last year.

But activity has tapered since, and observers said it is unlikely to test the record sales of 2,772 units in July going forward.

Analysts said that is partly due to the government’s anti-speculative measures that have kept speculators away.

At the same time, some developers have also delayed new launches during the Lunar Seventh Month period, which is a traditionally low season for the property market. Continue reading →

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

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Hundred Trees sells another 116 units

Posted on 29 Sep 2009 | Comments Off on Hundred Trees sells another 116 units

Almost 80 per cent of the units in Hundred Trees have been snapped up ahead of the condo’s formal launch this weekened

WEEKEND buyers again flocked to one of the most popular recent mass market condominium launches, though the frenzied pace of selling of late last week appeared to have slowed slightly.

City Developments (CDL) said it had sold another 116 units at the weekend preview of its latest condo project Hundred Trees, bringing total sales to 316 units.

That is nearly 80 per cent of the development, or more than 90 per cent of the 350 launched units. The condo, which sits on the 267,598 sq ft former Hong Leong Garden condo site in West Coast Drive, has 396 units.

The average price achieved is about $910 per sq ft (psf), up from the initial price of $895 psf for the first 151 units sold, the developer said yesterday.

There was a ’slight adjustment of 1 to 2 per cent increase in price’ for the subsequent phases, it said. Continue reading →

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

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