WHAT ghost month?
The traditional lull in home-buying activity during the Hungry Ghost month has been swept aside amid the current property market frenzy.
Buyers were out in force yesterday at the preview of Trevista, a new 590-unit condominium in Toa Payoh, a traditional heartland area.
A queue had formed at least 20 minutes before the showflat doors opened at 2pm. By 5pm, all 210 units released for sale had been snapped up by buyers.
Developer NTUC Choice Homes had said it would release just those units for sale this weekend at an average price of $898 per sq ft (psf). However, the response was so strong that it released another 190 units at higher prices just after 8pm, said a spokesman. She could not say how much higher the prices were. Continue reading
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