Tag Archives: Singapore Property

Kebun Bahru station? Where’s that?

Posted on 8 Aug 2009 | Comments Off on Kebun Bahru station? Where’s that?

THE proximity of MRT stations to new housing projects has long been a selling point when developments are launched, and it is common to find condominium advertisements displaying ‘nearby’ train stations.

But a couple of developers have taken the sales pitch one step further: by pinpointing the sites of MRT stations which have not been confirmed.

In UOL Developments’ recent advertisement for Meadows@Pierce, a freehold condominium project in Upper Thomson Road expected to be ready around 2012, the developer ran a map showing station sites of the future Thomson Line, which will only be completed in 2018.

These include ‘Springleaf’, ‘Kebun Bahru’, ‘Venus Drive’ and ‘Sin Ming’ stations. Continue reading →

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Posted in New Launches, Property Market / Real Estate

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Demand for private homes on an upward curve

Posted on 7 Aug 2009 | Comments Off on Demand for private homes on an upward curve

‘Natural demand’ may be higher as immigrants step in; supply not a nagging issue

Even as Urban Redevelopment Authority yesterday launched the tender for a plum 99-year leasehold site for condo development at Dakota Crescent, expectations are running high that developers will trigger the launch of more housing sites from the government’s reserve list in the coming months.

This is against a backdrop of strong sales for mass-market projects, the latest being the Optima condo next to Tanah Merah MRT Station.

Mass-market home prices have risen about 10 to 20 per cent from the recent low in Q1, according to property consultants.

One concern is whether the market is running out of supply of mass-market condos and whether this will set the base for further price hikes.

The current pipeline has about 7,500 mass market homes yet to be launched on sites sold in the past, according to CB Continue reading →

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

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