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New project sales status: Parc Rosewood, Guillemard Edge & Bartley Residences etc

- February 28, 2012 No Comments

Home sales over the past week stayed strong, with few signs of the expected declines brought about by December's property measures.

Parc Rosewood
Parc Rosewood at Woodlands has moved 55 more units since Monday last week, bringing total sales at the 689-unit project to 565. Prices have averaged $1,000psf.

Guillemard Edge
Macly Group's Guillemard Edge in Geylang has nearly sold out. Last week, the developer reported sales of more than 230 units. Since then, about 40 units have been sold with prices ranging between $1,180psf to $1,250psf.

Bartley Residences
Hong Leong Group is understood to have sold about 160 units at Bartley Residences since Tuesday last week. the average price after discounts is $1,240psf.

In addition, 917 of the 992 units at Watertown have been taken since sales began in January. As for The Hillier, 446 of the 528 units have found takers, while the 748-unit euHabitat has seen 651 units being snapped up.
Source: The Straits Times & Business Times
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Sales Update: Guillemard Edge, Parc Rosewood & The Nautical

- February 21, 2012 No Comments

According to a report in The Straits Times today, almost 500 new homes were sold over the past week as developers stepped up their marketing efforts to ride on last month's stellar transaction figures.

Experts noted that many of the projects that sold well consisted of small one- and two-bedroom units with affordable quantum. These are typically popular with investors.

Guillemard Edge
Macly Group's Guillemard Edge near Dakota MRT station has recorded more than 230 sales. Units in the 275-unit project were priced between $1,150psf and $1,250psf.

More than half of the units were one-bedders of around 409sqft with a price tag of about $500,000.

Parc Rosewood
Parc Rosewood in Woodlands found buyers for 120 units at an average price of $1,000psf. This was up from the $925psf to $998psf price range when it was first previewed late last month.

Last week's transactions brought total sales to more than 510 at the 689-unit project. It is jointly developed by Fragrance Group and World Class Land.

The Nautical
About 10 sales over the weekend at 435-unit The Nautical in Sembawang Road brought total sales to more than 200 units. Average prices were between $850psf and $860psf.

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New projects sales status: Tampines Trilliant & Parc Rosewood

- February 7, 2012 No Comments

Tampines Trilliant
At Sim Lian Group's 670-unit Tampines Trilliant, 149 units were snapped up during its weekend launch, with 32 of the 48 double-storey penthouses booked by 4pm yesterday.

Of the penthouses sold, 24 of the 32 units were booked by first-time homebuyers.

Prices for the penthouses, which range from 1,841 to 2,465sqft, start from around $1.1 million. Each penthouse has four bedrooms, including a master bedroom with direct access to a personal open terrace on the top floor.

The executive condominium - a public-private housing hybrid - has 127 three-bedroom units ranging from 872 to 1,141sqft; 397 three-plus-utility units which range from 1,001 to 1,378sqft; and 98 four-bedroom units which range from 1,302 to 1,593sqft.

Of the 1,000 applicants received, 42% were first time buyers with the remaining 58% second-time buyers, primarily HDB upgraders.

Parc Rosewood
The 689-unit development along Woodland Avenue 2/Rosewood Drive saw a further 110 units snapped up in the last week, bringing the total number of units sold to over 280.

The price range of the five-storey, 99-year condominium, developed by Kensington Land, a joint venture between mainboard-listed Fragrance Group and World Class Land, had been lowered 8 - 10% "to offset any impact on sales from the recently implemented additional buyers' stamp duty", said marketing agent ERA Realty Network last week.

The development comprises one-bedroom, two-bedroom, three-bedroom, and penthouse units.
Source: The Business Times

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New project sales status: Watertown, The Hilier & Parc Rosewood

- January 31, 2012 4 Comments

Watertown
Far East Organization, Fraser Centrepoint and Sekisui House continue to achieve impressive sales at Watertown in Punggol, moving 148 more units over the weekend. They have now sold 744 units in the project since Jan 18.

Transacted prices range from $980 to $1,500psf.

So far, 901 of the project's 992 units have been released. The most popular are the one and two-bedroom suites (527 - 646sqft) and the two- and three-bedroom units (904 - 1,259sqft). All 385 suites have been sold. 90% of the project's buyers are Singaporean.

Market watchers credit strong sales to the developers' marketing strategy, offering much-coveted waterfront living integrated with a mall (Waterway Point) and the Punggol MRT Station.


The Hillier
Far East Organization found buyers for another 26 residential units over the weekend, taking total sales to 386 units. It has released 479 of the project's 528 units. The most popular are one-bedroom Soho-style apartments (506 - 624sqft). Singaporeans account for over 80% of buyers.

Parc Rosewood
Fragrance Group and World Class Land have sold 181 units at Parc Rosewood condo in Woodlands since Saturday. The average price is $960psf. The five-storey, 99-year leasehold project will have 689 apartments.

A good mix of units - one, two and three bedders - have been taken up. Singaporean are believed to account for 80 - 85% of buyers, with permanent residents making up the rest. Buyers comprise singles, young couples, families and investors - some living in the surrounding Woodlands area.
Source: The Business Times

So whose afraid of the (supposed) impending private-home market slowdown..?
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More new launches coming our way!

- January 26, 2012 2 Comments

A string of property launches are just around the corner as developers cash in on the current strong home buying momentum created by the release of Watertown condo in Punggol.

These include Parc Rosewood in Woodlands and The Tampines Trilliant executive condo (EC), which are scheduled to be rolled out later this week.

Another EC project, Twin Waterfalls near Punggol MRT Station, is expected to go on the market next month. Market watchers are also awaiting the release of The Bartley Residences, a 702-unit, 99-year leasehold private condo next to Bartley MRT Station.

Parc Rosewood
This week, Fragrance and World Class Land are slated to release Parc Rosewood along Woodlands Avenue 2/Rosewood Drive. The average price for the five-storey, 99-year private condo is expected to be slightly above $1,000psf. The project's 689 units will be mostly one and two-bedders, although the condo will also include some three bedders. One-bedders start from 431sqft.

Word on the street is that starting prices will be nearly $400,000 for one-bedders, close to $570,000 for two-bedders and slightly below $800,000 for three bedders.


The Tampines Trilliant

Sim Lian's EC project The Tampines Trilliant is a stone's throw away from the upcoming Tampines Station on the Downtown Line. It will have 670 units in 12 blocks of 15 and 16 storeys. Sources suggest e-applications could begin as early as tomorrow. Pricing has yet to be finalised.

The majority of units will be either three bedders (127 units of between 872sqft and 1,141sqft) or three-bedroom-plus-utility units (397 units of 1,001 - 1,378sqft). remaining units are either four bedders (1,302 - 1,593sqft) or penthouses.


Twin Waterfalls
Frasers Centrepoint's Twin Waterfalls EC in Punggol will comprise 728 apartments in 17-storey blocks. Market watchers expect the average price to be slightly more than $700psf. Apartment sizes range from 914sqft for a three-bedroom compact to 1,378sqft for a four-bedroom dual key unit. There will also be penthouses of up to 1,928sqft.


Palm Isles
Frasers Centrepoint also has a 99-year private condo slated for release later this quarter or in early Q2 - Palm Isles at Flora Drive in the Upper Changi area. The seven-storey development will have about 450 units. Analysts reckon the average price could be around $900-950psf.
Source: The Business Times

So all we need now are more Singaporean buyers...
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