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Several new launches will be rolled out soon, as developers ride the current strong home buying momentum created by the launch of Watertown condo in Punggol.
According to a report by The Business Times, The Tampines Trilliant executive condo (EC) (pictured) and the Parc Rosewood in Woodlands are among the projects expected to go on the market.
Developed by Sim Lian Group, The Tampines Trilliant EC project is located near the upcoming Tampines station on the Downtown Line. It comprises 670 units housed in 12 blocks of 15- and 16-storey towers. Some sources said that e-applications for the project could begin as early as 27 January, with final pricing yet to be determined.
Meanwhile, another EC project – Twin Waterfalls near Punggol MRT station – will be released on the market next month, and some market watchers are also awaiting the launch of the 702-unit The Bartley Residences condo next to Bartley MRT station.
The 728-unit project, which is being developed by Frasers Centrepoint, is expected to go on sale for over S$700 psf. Unit sizes range from 914 sq ft for a three-bedroom compact unit to 1,378 sq ft for a four-bedroom dual key unit. Penthouses will also be available with a built-up area of around 1,928 sq ft.
Fragrance and World Class Land are also slated to launch Parc Rosewood this week, located along the junction of Woodlands Avenue 2 and Rosewood Drive.
The report said the average price for the five-storey condo development will be slightly above S$1,000 psf, and the project’s 689 units will be comprised mostly of one- and two-bedroom units, though it will also include several three-bedroom units. Sources said that starting prices will be around S$400,000 for a one-bedder, while two- and three-bedroom units will start at nearly S$570,000 and S$800,000 respectively.
Related Stories:
Watertown sees robust sales over CNY
Over 160 units at Watertown snapped up in preview
Watertown to launch this Chinese New Year
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Reader Comments: (6 comments)
Some people make their money while some asks what happened.
More unique properties near MRTs and amenities are snapped up irregardless (because supply is limited?) Properties in 'other areas' are left unsold.
Insiders stay cautious, man on the street rushing in.
I agree. However, new trends showed that (1) the economic pessimism is not as severe and (2) US interest rates remain low till end 2014 (as indicsted in the news).
time to play wait and see game!
Buyers should wait for the right time to enter and not rush in