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Corals at Keppel Bay launches preview sales

Posted on 18 May 2013 | Comments Off

Corals at Keppel Bay

The first 100 units released for sale at Corals at Keppel Bay will likely be sold from S$1,800 psf to S$3,000 psf, reported The Business Times.

Offered on a 99-year lease, the condominium development comprises 336 units in 11 four and 10-storey blocks.

The first batch of apartments will be previewed today and prices range from S$1.31 million for a one-bedroom unit up to S$10.7 million for a four-bedder deluxe home. Eight expansive penthouses with sizes of up to 7,800 sq ft are also available.

Meanwhile, Elitist Development has started sales at Stratum in Pasir Ris, with average prices at S$900 psf. Around 170 of the total 380 units have been launched.

The low-rise 14-block condo offers studios, one- to five-bedders and penthouses, as well as four-bedroom dual-key units. Sizes range from 432 sq ft to as large as 2,446 sq ft for a five-bedroom duplex penthouse.

Following last month’s lacklustre private home sales, analysts predict May’s figures to hover below 2,000 units as most of the scheduled launches are rather small.

Source : PropGuru – 18 May 2013

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Posted in New Launches

Tagged Corals at Keppel Bay, Elitist Development, Keppel Land

Keppel Land unit wins bid for Kim Tian site

Posted on 24 Apr 2013 | Comments Off

Keppel Land unit Harvestland Development has won the tender for a private residential site in Kim Tian Road with a top bid of S$550.3 million, Urban Redevelopment Authority data showed on Tuesday.

Harvestland’s bid translates to S$1,162.86 per sq ft per plot ratio, the highest ever for a pure residential site, beating the previous record of S$1,107 psf ppr for a site at Farrer Road, said Mr Lee Sze Teck, Senior Manager for Training, Research and Consultancy at DWG, before the tender was awarded.

The tender had attracted 11 bids at the close on April 18.

The centrally-located 99-year leasehold site was released under the Confirmed List of the Government Land Sales programme for the first half of this year. Near Tiong Bahru MRT Station, it sits on about 118,302 sq ft of land and has a maximum permissible gross floor area of about 473,213 sq ft.

Keppel Land said it would develop about 500 homes ranging from 500 sq ft to 1,350 sq ft in one- to four-bedroom configurations when awarded the site.

Source : Today – 24 Apr 2013