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Sengkang Central site goes for top bid of $777.8m

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A CapitaLand and City Developments Ltd (CDL) tie-up has clinched a commercial and residential site in Sengkang Central. Their winning bid of $777.78 million works out to $923.59 per square foot per plot ratio (psf ppr) for the 99-year leasehold site next to Buangkok MRT Station. In a joint statement yesterday, CapitaLand and CDL said…

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Developers slash private condo prices by 5-10%

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Private condominiums launched before and after the introduction of new property curbs are trimming their unit prices by around 5.0 to 10 percent, reported TODAYonline. “The price sweeteners are there to cushion the immediate impact of cooling measures and create an urgency to buy,” said Dr Tan Tee Khoon, executive director at Knight Frank. For…

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Condo rents unchanged in July while HDB rents rise 1%: SRX

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Rents for condominiums and private apartments continued to stabilise last month, while the more volatile rents for HDB flats reversed direction and rose, with both rental markets enjoying a pickup in activity, according to a report on Wednesday (Aug 8). Flash estimates from real estate portal SRX Property show rents for non-landed private residential properties…

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Over 140 units sold at The Tre Ver in just hours

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UOL and SingLand’s move to offer substantial discounts to entice home buyers to The Tre Ver condominium amidst the new property curbs appears to have worked after a large crowd turned up to the project’s official launch on Saturday (4 August). “We saw a strong take-up of more than 140 units within our first three hours…

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