20180514 S EP 830 · 2018-05-11 · at The Crest EP8 HUTTONS ASIA The crowd at Rivercove Residences...

PROPERTY PERSONALISED

Visit EdgeProp.sg to nd properties, research market trends and read the latest news The week of May 14, 2018 | ISSUE 830-51

MCI (P) 136/08/2017 PPS 1519/09/2012 (022805)

Deal WatchCote d’Azur unit going

for $999 psf EP3

Gains and LossesUnit at The Tate Residences

sold at $3.3 mil lossEP6

Done DealsTransactions pick up

at The Crest EP8

HUTTONS ASIA

The crowd at Rivercove Residences on balloting day onApril 14, when close to 80% of the 628 units were snapped up

Joining the madding crowdWith a series of new condominium projects launched at new highs and achieving

at least 70% sales on their fi rst weekend, can the buying momentum be sustained? See our Cover Story on Pages 4 and 5.

EP2 • EDGEPROP | MAY 14, 2018

Le Quest sales gallery opens for Phase 2 previewQingjian Realty has reopened the sales

gallery for Le Quest (above, left) in anti-

cipation of the sales launch of Phase 2

on May 19. Le Quest is a 516-unit,

mixed-use development in Bukit Ba-

tok and is the developer’s first mixed-

use development in Singapore.

Phase 1 was launched last August

and at least 287 units (56%) were sold

at an average price of $1,280 psf over

the first weekend of sales. The num-

ber exceeded the 200 units initially re-

leased. The developer has yet to decide

how many units will be put up for sale

this time and announce the price list.

When completed, the 99-year lease-

hold Le Quest will have five 12-sto-

rey residential blocks atop a four-sto-

rey podium, which will house about

100 F&B and retail shops, a childcare

centre and car parks. Qingjian Realty

is expected to announce its redevel-

opment plans for the former Shunfu

Ville, which it bought for $638 million

($747 psf per plot ratio [ppr]) in May

2016. The redevelopment could house

about 1,100 new units.

The Le Quest sales gallery is lo-

cated at Bukit Batok West Avenue 8.

Bukit Merah HDB shops, Havelock Road shophouseup for saleAn intermediate shophouse on Have-

lock Road (right) and four HDB show

units in the Bukit Merah housing es-

tate are for sale.

The three-storey, freehold shop-

house at 727 Havelock Road is going

for $7 million. It has a gross floor area

(GFA) of 3,767 sq ft on a land area of

1,574.8 sq ft. Under the 2014 Master

Plan, the first level is zoned for com-

mercial, with the upper floors zoned

for residential use. The site has a plot

ratio of 3.0. The owner can perform

alteration works to enhance the val-

ue of the property, subject to the au-

thorities’ approval, according to Sav-

ills, the exclusive marketing agent for

the development.

The four HDB shops are selling at

$3.5 million to $4 million each and

located on the ground floor of HDB

building blocks: Two adjoining units

are located at 65 Telok Blangah Drive, a

six-minute walk from the Telok Blangah

MRT station; and the other two ad-

joining units are located at 131 Jalan

Bukit Merah, in housing development

clusters of Kim Tian and Tiong Bah-

ru estates.

Each HDB shop unit has a floor

area of 1,442 to 1,787 sq ft, and are

on HDB leases with 57 to 59 years

left. The shops are located in estates

with access to an estimated 144,000

residents.

The expressions of interest will

close on June 12.

New Bridge Road shophouseon the market for $6 milA prime four-storey shophouse at 21

New Bridge Road has been put up for

sale by tender, says marketing agent

Colliers International. The 99-year

leasehold property has a guide price

of $6 million, excluding the premium

payable for lease renewal. The addi-

tional premium payable to top up the

lease, which started in December 1928,

is $5.64 million.

The shophouse is tenanted to a res-

taurant operator on a month-to-month

basis, and the property is approved for

F&B use until December 2019. It can

be sold with vacant possession and on

an “as is, where is” basis, says Col-

liers. The shophouse has a total floor

area of about 4,500 sq ft and occupies

a 1,443 sq ft site. The price works out

to $1,333 psf based on the total floor

area. It has an allowable building height

of up to 18.35m and is zoned for com-

mercial use with a plot ratio of 4.2 un-

der the 2014 Master Plan.

Shophouses are scarce and will con-

tinue to appeal to high-net-worth in-

dividuals, property funds and invest-

ment firms, says Steven Tan, director

of capital markets and investment ser-

vices at Colliers.

The property is flanked by a cof-

fee shop and a restaurant, and is lo-

cated opposite The Central mall. It is

served by the Clarke Quay MRT sta-

tion on the North-East Line as well as

Raffles Place interchange.

The tender will close on May 30.

Residential units up for bulk sale at 336 River Valley RoadTwenty-two residential apartments at

the freehold 336 River Valley Road are

open for bulk sale by tender, says mar-

keting agent Richmond Capital Invest-

ments. 336 River Valley is a 14-storey

residential and commercial develop-

ment on River Valley Road in prime

District 9 and is the former AA Centre.

The 22 units for sale are on the

seventh to 14th floors, and the total

strata area for sale is about 38,976 sq

ft. The guide price is from $2,200 to

$2,300 psf, or $86 million to $90 mil-

lion. “The owners have decided to

unite in the joint sale for the residen-

tial component in the development.

It is a rare opportunity for investors

to acquire a substantial shareholding

in terms of floor area in a prime free-

hold residential-cum-commercial as-

set,” says Stella Hoh, director at Rich-

mond Capital.

The units could be converted into

service apartments, subject to the au-

thorities’ approval. The development

has 28 residential units, and the re-

maining six units may be sold at a

later date, says Hoh. 336 River Valley

occupies a 33,757 sq ft site zoned for

residential use under the 2014 Mas-

ter Plan. It has a plot ratio of 2.8 and

a height restriction of 10 storeys. In

2013, the six floors in the commercial

block were sold to Far East Organiza-

tion for close to $62 million.

The development is served by the

Somerset MRT station, and is accessi-

ble via Killiney Road and Devonshire

Road. The tender will close on June 6.

En bloc sale of Kemaman Point for $144 milThe 89-unit Kemaman Point (above,

right), located off Balestier Road, has

been launched for collective sale, with

Knight Frank as the marketing agent.

The development occupies a 43,825

sq ft, freehold site zoned for residen-

tial use under the 2014 Master Plan,

with a plot ratio of 2.8. The site can

therefore be redeveloped into a new

project with 162 units, assuming an

average size of 70 sq m (753 sq ft), a

GFA of 122,710 sq ft.

The reserve price is $143.8 million,

or a land rate of $1,180 psf ppr, includ-

ing a $958,000 development charge.

The Balestier Road area has been

rejuvenated by the influx of new F&B

outlets and cafes and is a haven for

foodies. The new development will

also enjoy unobstructed views to-

wards Jalan Kemaman over the low-

rise landed houses. “There isn’t much

impending supply in the Balestier area

through land and collective sales,” says

Ian Loh, head of investment and cap-

ital markets at Knight Frank. “Thus,

new launches in the area are likely to

be sought after because of the limit-

ed supply as well as the lifestyle that

the area provides.”

The tender will close on June 12.

Ava Towers on the marketfor $248 milThe freehold Ava Towers off Balestier

Road in District 12 will launch a col-

lective sale on May 16, says marketing

agent ERA Realty. The condominium

has a reserve price of $248 million, or

a land rate of $1,374 psf ppr.

The 124-unit development occupies

a 64,471 sq ft site zoned for residential

use, with a gross plot ratio of 2.8 under

the 2014 Master Plan. The site can be

redeveloped up to a GFA of 180,519 sq

ft. Given the high development baseline,

there is no development charge paya-

ble for redevelopment up to this GPR.

But with the inclusion of an additional

10% bonus GFA for balconies, the land

rate would fall to $1,274 psf ppr after

a $5.03 million development charge.

The Land Transport Authority’s Traf-

fic Application Feasibility Study is not

required for this site, based on the pro-

posed redevelopment of at least 215

units averaging 70 sq m each.

The tender will close on July 2. —

Compiled by Timothy Tay E

PROPERTY BRIEFS

QINGJIAN REALTY

EDITORIALEDITOR | Cecilia ChowWRITERS | Timothy Tay, Bong Xin Ying, Charlene ChinDIGITAL WRITER | Fiona Ho

COPY-EDITING DESK | Elaine Lim, Evelyn Tung, Chew Ru Ju, Shanthi MurugiahPHOTO EDITOR | Samuel Isaac ChuaPHOTOGRAPHER | Albert ChuaEDITORIAL COORDINATOR | Yen TanDESIGN DESK | Tan Siew Ching, Christine Ong, Monica Lim, Tun Mohd Zafi an Mohd Za’abah

ADVERTISING + MARKETING ADVERTISING SALES

DIRECTOR, COMMERCIAL OPERATIONS | Cowie TanASSOCIATE ACCOUNT DIRECTOR | Diana LimSENIOR ACCOUNT MANAGER |Janice ZhuACCOUNT MANAGERS |James Chua, Bernard WongSALES STRATEGIST |Han YaoGuang

CIRCULATIONDIRECTOR | Dominic Kevin SimMANAGER | Bryan KekEXECUTIVE | Malliga Muthusamy, Ashikin Kader

CORPORATE CHIEF EXECUTIVE OFFICER | Bernard Tong

PUBLISHERThe Edge Property Pte Ltd150 Cecil Street #13-00Singapore 069543Tel: (65) 6232 8688Fax: (65) 6232 8620

PRINTERKHL Printing Co Pte Ltd57 Loyang DriveSingapore 508968Tel: (65) 6543 2222Fax: (65) 6545 3333

PERMISSION AND REPRINTSMaterial in The Edge Property may not be reproduced in any form without the written permission of the publisher

We welcome your commentsand criticism: [email protected]

Pseudonyms are allowed but please state your full name, address and contact number for us to verify.

SAVILLS SINGAPORE

KNIGHT FRANK

DEAL WATCH

EDGEPROP | MAY 14, 2018 • EP3

Recent rental contracts for 800 to

1,000 sq ft units at Cote D’Azur

| BY TIMOTHY TAY |

A one-bedroom, ground-floor

unit at the Cote D’Azur con-

dominium in District 15 is

on the market for $1.28 mil-

lion ($999 psf). The sell-

er is a foreigner who purchased the

unit for $1.65 million ($1,288 psf)

in 2013. He was residing in Singa-

pore until 2014 but has retired to his

home country. He is selling the unit

because he does not want to main-

tain an overseas property, says mar-

keting agent Julin Tan, senior asso-

ciate director at Orange Tee & Tie.

The one-bedroom unit has a floor

area of 1,281 sq ft and is currently

tenanted, with the lease expiring

at end-August. The monthly rent is

$3,000, which translates into an annu-

al rental yield of 2.81%, based on the

asking price. This year, recent rental

contracts at Cote D’Azur for units of

800 to 1,000 sq ft have ranged from

$2,200 to $3,600 a month.

So far this year, nine units have

changed hands at Cote D’Azur, at an

average price of $1,228 psf. When

the development was launched in

2002, units were sold at an average

price of $597 psf.

Cote D’Azur is a 612-unit, 99-year

Cote D’Azur unit going for $999 psf

Cote D’Azur is a 612-unit condominium in District 15 that was completed in 2004

CONTRACT DATE (2018) AREA (SQ FT) PRICE ($) PRICE ($ PSF)

April 5 1,389 1,830,000 1,318

April 3 904 1,100,000 1,217

March 28 1,313 1,880,000 1,432

March 20 2,885 2,880,000 998

TABLES: URA, EDGEPROP

AREA (SQ FT)

1,389

904

1,313

2,885

PRICE ($ PSF)

1,318

1,217

1,432

998

Recent transactions at Cote D’Azur

LEASE DATE (2018) MONTHLY RENT ($)

February 2,200

February 2,650

February 3,200

leasehold development by Frasers

Property that was completed in 2004.

The project, which is located next to

the Parkway Parade shopping centre,

will benefit from its proximity to the

new Marine Parade MRT station on

the Thomson-East Coast Line sched-

uled to open in 2023.

SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

E

COVER STORY


| BY CECILIA CHOW |

Unlike previous years, visitors to the

sales galleries of new condominium

launches this year have had to jostle

with a few thousand others and get in

line just to have a peek at the show-

flats. The hubbub and crowds have given rise

to a sense of euphoria at the sales galleries.

“Singaporeans must see a queue, then they

will join in,” says Anson Yap, vice-president

(project marketing) of ERA Realty. “We must

see other people buying before we buy.”

At a briefing for agents on May 7, Yap said:

“Foreigners are savvier and normally ahead of

the trend. The fact that they are returning to

the Singapore residential market and buying

luxury property means that they believe the

recovery of the housing market is real and they

see future price upside.”

In March and April, there was a string of

previews of projects in the city-fringe area and

suburbs. These projects saw more than 70%

of the units released sold on the launch week-

end (see Table 2).

Up, up and awayOn the weekend of May 5 and 6, at the launch

of Twin VEW, 442 units out of a total of 520

units in the development were sold, bringing

total sales to 85%. The average price of $1,399

psf achieved at the project set a new bench-

mark for West Coast Vale, as it was 21.7%

higher than the average price of $1,150 psf at

Parc Riviera next door when the project was

launched in November 2016.

The developer of Twin VEW, CSC Land Group,

paid $592 psf per plot ratio (ppr) for the site last

year. At the beginning of this year, City Devel-

opments (CDL) paid $800 psf ppr for the ad-

jacent 99-year leasehold site at a government

land tender. Based on CDL’s purchase price, the

new project is likely to be priced from $1,600

psf, says Alice Tan, head of research and con-

sultancy at Knight Frank Singapore. This will

be at least 14.4% higher than the average price

of $1,399 psf achieved at Twin VEW.

Last month saw the launch of Rivercove

Residences, a 628-unit executive condo. It is

the only EC project launched so far this year.

Close to 80% of the units were sold via ballot

on the first day of launch. At an average price

of $965 psf, it set a new benchmark price for

ECs. “People were almost crying when they

managed to get in to the ballot tent to buy a

unit,” recounts ERA’s Yap, who conducted the

ballot, which was said to have lasted eight-

hours on April 14.

The first launch of 2018 was that of New

Futura, a freehold luxury condo by CDL on

Leonie Hill Road in prime District 9. About

half of the 124 units in the twin-tower devel-

opment have been sold so far, at an average

price of $3,258 psf.

‘Benchmark prices’The weekend of May 12 and 13 will mark the

10th project launch this year: Amber 45. The

139-unit freehold development by UOL Group

is located on Amber Road in prime District 15.

At the preview weekend of Amber 45 on

April 28 and 29, more than 3,000 people turned

up at the sales gallery located opposite the Da-

kota MRT station. Unlike most of the projects

launched so far, Amber 45 does not have any

one-bedroom units. Unit sizes start from 614

sq ft for a two-bedroom unit, which is priced

from $1.45 million, while a three-bedroom unit

starts from about $2.5 million and a four-bed-

room unit, from $3 million. Indicative prices

are around $2,360 psf.

According to George Tan, executive direc-

tor of Savills Residential, one of the market-

ing agents for Amber 45, the project attracted

not just en bloc beneficiaries and affluent par-

ents buying for their children, but also many

residents from the landed housing estates of

Siglap and Kembangan in the east. “It’s a very

good profile of buyers,” he says. The project

is expected to set the benchmark for upcom-

ing launches in District 15.

“The new condo launches this year have set

benchmark prices,” says ERA’s Yap. He points

to the first significant mass-market launch this

year: the 861-unit The Tapestry at Tampines

by giant developer CDL. On the first week-

end of sales on March 24 and 25, 315 of 450

units released were sold at an average price

of $1,310 psf. This was a good 21.8% higher

than the average price of $1,075 psf achieved

at The Alps Residences when it was launched

in October 2016.

Likewise, Oxley Holdings’ The Verandah

Residences, which was launched at an aver-

age price of $1,800 psf, set a new benchmark

for the Pasir Panjang area. On the first week-

end of sales on April 7 and 8, the project saw

129 out of a total of 170 units snapped up.

Only 10 units are available for sale currently.

Phase Two of Park Place Residences, which

was launched on the same weekend as The

Verandah Residences, saw 149 out of 219 units

sold at an average price of $2,014 psf. The av-

erage price achieved in Phase Two is 11.8%

higher than the $1,800 psf achieved when the

first 210 units were launched in March last year.

Those units were sold out in a day.

Feeding pent-up demandGiven the buying frenzy, many are wondering

whether it is sustainable. While the residential

market is sentiment-driven, ERA’s Yap attrib-

utes the strong sales partly to pent-up demand

built up over the last 3½ years. He based this

on average new-home sales over the past dec-

ade, which was 12,000 units a year. In 2014

to 2016, however, the average number of new

homes sold was 7,000 to 8,000 units.

Last year, a total of 11,562 private new

homes (excluding ECs) were sold, accord-

ing to Prop Nex Realty. And, after 15 con-

secutive quarters of price declines, the URA

private property price index turned the cor-

ner in 3Q2017.

In 1Q2018, there was a stronger-than-ex-

pected price growth of 3.9% for non-landed

Joining the madding With a series of new condominium projects launched at new highs and achieving at least 70% sales on their first weekend, can the buying momentum be sustained? CROWD

The crowd at the preview of Amber 45

SAVILLS

COVER STORY


New projects launched in 2018*

Upcoming launches in 2018*

NO PROJECT LOCATION DISTRICT DEVELOPER SITE NO OF UNITS PERCENTAGE AVERAGE PSF TENURE UNITS SOLD* SOLD (%) PRICE* ($)

January to March

1 New Futura Leonie Hill Road 9 City Developments Freehold 124 62 50 3,258

2 Nim Collection (Phase 1)** Ang Mo Kio Avenue 5 28 Bukit Sembawang Estates 99 years 47 24 51 1,435

3 Th e Tapestry# Tampines Avenue 10 18 City Developments 99 years 450 390 87 1,362

April to May

4 Harbour View Gardens Pasir Panjang Road 5 Roxy-Pacifi c Holdings Freehold 57 52 91 1,755

5 Th e Verandah Residences Pasir Panjang Road 5 Oxley Holdings Freehold 170 160 94 1,801

6 Park Place Residences Phase 2 Paya Lebar Quarter 14 Lendlease 99 years 219 166 76 2,014

7 Rivercove Residences^ Anchorvale Lane 19 Hoi Hup Realty and Sunway Development 99 years 628 512 82 917

8 Twin VEW West Coast Vale 5 CSC Land Group 99 years 520 442 85 1,399

9 Sixteen35 Residences 16 Lorong 35 Geylang 14 Oxley Holdings 99 years 60 36 60 1,500

Total 2,275

URA, VARIOUS PROPETY CONSULTANTS, DEVELOPERS

URA, VARIOUS PROPETY CONSULTANTS, PROPERTY AGENTS, DEVELOPERS

*Based on caveats lodged and updated as at May 9 **Landed housing development #Only 450 units of a total of 861 units at Th e Tapestry have been launched so far ^Executive condo

NO PROJECT LOCATION DISTRICT DEVELOPER SITE NO OF TENURE UNITS

May to June

1 Amber 45 Amber Road 15 UOL Group Freehold 139

2 Margaret Ville Margaret Drive 3 MCL Land 99 years 309

3 Affi nity at Serangoon Serangoon North Avenue 1 19 Consortium led by Oxley Holdings 99 years 1,052

4 Th e Garden Residences Serangoon Avenue 1 19 Keppel Land and Wing Tai Holdings 99 years 613

5 Grange 120 Grange Road 10 Roxy-Pacifi c Holdings Freehold 56

End-June to July

6 Stirling Residences Stirling Road 3 Logan Property (Singapore) and Nanshan Group 99 years 1,259

7 Park Colonial Woodleigh Lane 13 Chip Eng Seng Corp, Heeton Holdings and KSH Holdings 99 years 735

8 3 Orchard By-Th e-Park Orchard Boulevard 10 YTL Singapore Freehold 77

9 South Beach Residences Beach Road 7 City Developments 99 years 190

10 Daintree Residence Toh Tuck Road 21 S P Setia 99 years 327

11 Casa Contendere Gilstead Road 11 TEE Land Freehold 70

12 Jade Scape Shunfu Road 20 Qingjian Realty 99 years 1,000

13 Riverfront Residences Hougang Avenue 7 19 Consortium led by Oxley Holdings 99 years 1,399

14 Sea Pavilion Residences Upper East Coast Road 16 Oxley Holdings Freehold 24

15 Former Raintree Gardens Potong Pasir 13 UOL Group and United Industrial Corp 99 years 729

September to October

16 Th e Woodleigh Residences Bidadari Park Drive 13 Singapore Press Holdings and Kajima Development 99 years 680

17 Parkwood Residences Yio Chu Kang Road 19 Oxley Holdings 99 years 18

18 Apartment 8 site Meyappa Chettiar Road 13 Oxley Holdings Freehold 22

19 Former Seraya Crescent Upper Th omson Road 20 TEE Land Freehold 45

20 8 St Th omas St Th omas Walk 9 Bukit Sembawang Estates Freehold 250

21 Perumal Road site Perumal Road 8 Low Keng Huat 99 years 200

End-October to November

22 Former Mayfair Gardens Rifl e Range Road 21 Oxley Holdings 99 years 311

23 Former Vista Park South Buona Vista Road 5 Oxley Holdings 99 years 418

24 One Draycott Draycott Park 10 SDB (Selangor Dredging) Freehold 64

25 Former Eunosville Sims Avenue 14 MCL Land 99 years 1,400

Total 11,387

*Estimated launch dates (in no particular order)

homes. “We think the increase is front-load-

ed, owing to the pent-up demand and buyers’

fear of losing out on good-value buys as prices

trend up,” says Tricia Song, Colliers Interna-

tional head of research for Singapore.

However, affordability is still key in to-

day’s market, notes Knight Frank’s Tan. In the

mass-market segment, that means prices of

one-bedroom units should be pegged below

$1 million, while those of three-bedroom units

should be less than $1.5 million. “I don’t see

an increase in appetite for higher absolute pric-

es in this segment,” she adds.

City-fringe prices — to catch up in coming quartersPrivate-home prices in the Rest of Central Re-

gion (RCR), or the city-fringe area, rose the

least in 1Q2018 (up 1.2% q-o-q) compared

with the prime districts in the Core Central Re-

gion (CCR) and the suburban areas of Outside

Central Region (OCR), where prices appreciat-

ed 5.5% and 5.6% respectively. Colliers’ Song

reckons the more measured pace of increase

in RCR in 1Q2018 could be due to the lack of

new launches at significantly higher prices.

That could change in the coming quar-

ters with more launches in RCR, such as Am-

ber 45 in District 15, Margaret Ville by MCL

Land in District 3 as well as Park Colonial

and The Woodleigh Residences in District

13. As these projects are also expected to set

benchmark prices in their respective locales,

“prices of homes in RCR will catch up with

those in OCR and CCR in the following quar-

ters”, adds Song.

Given greater competition among city-fringe

projects in the coming quarters, developers will

be working hard to differentiate their projects,

with some banking on “emotional appeal”, says

Knight Frank’s Tan. She foresees “a mixed bag”

in terms of the performance of new launches

over the next three quarters.

Tugging at heartstringsERA Realty’s briefing of its agents on the up-

coming project, Affinity at Serangoon, offers

a glimpse of how developers such as Oxley

Holdings are differentiating themselves from

the rest of the pack.

Beyond the usual marketing paraphernalia,

the consortium led by Oxley Holdings has even

produced a food guide in collaboration with

K F Seetoh, founder of Makansutra, which

features his 50 favourite eateries located

within a 3km radius of Affinity at Seran-

goon. They include Ah Seng Braised Duck

Rice, Pow Sing Restaurant as well as the fa-

mous Ah Hock Fried Hokkien Noodles and

Swee Heng Wonton Mee at Chomp Chomp

Food Centre.

There is even a four-minute filmlet designed

to tug at the heartstrings, not just the purse

strings. “The film represents all of you — chil-

dren and parents — and sends the message

across on why this property is called Affinity

at Serangoon,” says Eugene Lim, Oxley Hold-

ings’ director of marketing and sales, in his

address to the agents at the briefing. “When

we showed it to the other marketing agents,

we saw tears in their eyes and a lot of people

taking out tissue paper at the end of the film-

let. We hope this will be very meaningful to

you and your buyers too.”

The 1,052-unit Affinity at Serangoon is a

redevelopment of the former Serangoon Ville

privatised HUDC estate by Oxley Holdings and

its partners — SLB Development, KSH Hold-

ings and Apricot Capital, a private invest-

ment arm of the Teo family of Super Group.

Upward revisionWith this year’s new launches achieving

benchmark prices for their neighbourhoods,

Colliers’ Song has adjusted her forecast for a

price increase in private-home prices to 8%

(from 5% before April). This implies another

4% rise in the next three quarters, which is

a more gradual increase for the rest of 2018.

She attributes this to “an unexpected gush of

new launches in the next few quarters, an ex-

pected rise in mortgage rates and heightened

volatility in the world economy”.

Meanwhile, Knight Frank’s Tan has revised

her forecast of a 7% y-o-y increase in private

residential prices to 10% by 4Q2018 on the

back of stronger new home sales this year.

It looks like developers will continue to

draw in the crowds for many more weekend

launches to come.

The crowd at Twin VEW on balloting day on May 5

CSC LAND GROUP

E

Table 1

Table 2

GAINS AND LOSSES


Unit at The Tate Residences sold at $3.3 mil loss

E

Top 10 gains and losses from April 24 to May 1

URA, EDGEPROP

Most profi table deals

Note: Computed based on URA caveat data as at May 8 for private non-landed houses transacted between April 24 and May 1. Th e profi t-and-loss computation excludes transaction costs such as stamp duties.

Non-profi table deals PROJECT DISTRICT AREA (SQ FT) SOLD ON (2018) SALE PRICE ($ PSF) BOUGHT ON PURCHASE PRICE ($ PSF) LOSS ($) LOSS (%) ANNUALISED LOSS (%) HOLDING PERIOD (YEARS)

1 Th e Tate Residences 9 3,229 April 25 2,477 Aug 3, 2007 3,500 3,301,500 29 3 10.7

2 One Shenton 1 1,604 April 25 1,700 Aug 1, 2011 2,217 827,800 23 4 6.7

3 Th e Cape 15 850 April 26 1,799 April 7, 2011 2,049 212,798 12 2 7.1

4 Th e Sail @ Marina Bay 1 678 April 30 1,770 March 5, 2010 2,000 156,000 12 1 8.2

5 Northvale 23 1,302 April 26 610 Nov 15, 2013 718 140,000 15 4 4.4

6 Ferraria Park Condominium 17 936 April 26 929 Aug 12, 2013 1,014 80,000 8 2 4.7

7 Urban Vista 16 441 April 25 1,428 April 9, 2013 1,599 75,836 11 2 5.0

8 Parc Oasis 22 1,227 April 30 913 Feb 15, 2013 970 70,000 6 1 5.2

9 Seletar Park Residence 28 840 April 30 1,108 Sept 13, 2012 1,190 69,000 7 1 5.6

10 Th e Lakeshore 22 1,184 April 30 1,140 Sept 23, 2013 1,198 68,000 5 1 4.6

PROJECT DISTRICT AREA (SQ FT) SOLD ON (2018) SALE PRICE ($ PSF) BOUGHT ON PURCHASE PRICE ($ PSF) PROFIT ($) PROFIT (%) ANNUALISED PROFIT (%) HOLDING PERIOD (YEARS)

1 Cairnhill Plaza 9 2,820 April 26 1,631 March 6, 2006 762 2,450,000 114 6 12.1

2 Cavenagh Court 9 1,862 April 25 1,557 Dec 1, 2006 698 1,600,000 123 7 11.4

3 Costa Rhu 15 1,776 April 27 1,323 May 1, 1999 518 1,430,000 155 5 19.0

4 Caribbean at Keppel Bay 4 2,099 April 30 1,685 Oct 27, 2004 1,052 1,329,035 60 4 13.5

5 Tiara 9 1,302 April 30 1,881 April 27, 2006 898 1,280,000 109 6 12.0

6 Kerrisdale 8 1,927 April 25 1,022 July 17, 2003 420 1,160,000 143 6 14.8

7 Sanctuary Green 15 1,572 April 27 1,156 April 12, 2006 479 1,064,050 141 8 12.0

8 Leonie Hill Residences 9 1,141 April 25 2,139 Oct 15, 2002 1,230 1,036,612 74 4 15.5

9 Intero 13 1,776 April 27 1,013 Oct 30, 2006 483 947,000 111 7 11.5

10 Th e Spectrum 5 2,271 April 26 969 May 24, 2006 555 940,000 75 5 11.9

| BY BONG XIN YING |

A four-bedroom unit on the 27th floor of The Tate Residences has posted the greatest loss for condo-

miniums and apartments so far this year, accord-

ing to URA caveats. It is also an all-time record

loss of $3.3 million (29%) for units transacted at

the condo.

The 3,229 sq ft unit changed hands for $8 million ($2,477

psf) on April 25. This translates into a 3% annualised loss for

the owner over a holding period of 10.7 years.

The seller had purchased the unit in August 2007 for $11.3

million ($3,500 psf) when the development was still under

construction.

According to Dominic Lee, head of the luxury team at

Prop Nex Realty, “the unit has one of the most interesting lay-

outs in the condo”.

In 2007, the luxury property market was experiencing a bull

run, and many who purchased properties at that time “are cur-

rently still underwater”, notes Lee. He sees the recent transac-

tion at The Tate Residences “as a one-off deal”.

This latest transaction is the second at The Tate Residences

in 2018. The first was in February, when a 3,240 sq ft, four-bed-

room unit was also sold for $8 million, or $2,469 psf. The sell-

er, however, made a profit of $436,680 (6%), having bought

it in September 2006 for $7.56 million ($2,334 psf). This unit

is situated on the 30th floor — just three floors above the unit

that sustained the loss.

There have been 17 unprofitable and 59 profitable trans-

actions so far at The Tate Residences, based on transactions

culled from URA caveats as at May 8.

The second-largest loss of $2.1 million (24%) at the free-

hold condo was incurred in 2017. A 3,208 sq ft, four-bedroom

unit on the eighth floor that was bought in November 2009

for $8.6 million ($2,681 psf) changed hands for $6.5 million

($2,026 psf) last September.

The Tate Residences, located on Claymore Road in Dis-

trict 9, was developed by Hong Leong Holdings and complet-

ed in 2011. It comprises a total of 85 units in two 36-storey

towers that sit on a 71,978 sq ft freehold site. It is less than a

three-minute drive to Orchard Road, and a 10-minute drive

to the CBD.

At Ardmore Park, a 330-unit freehold development near

The Tate Residences, all three transactions for the year have

been profitable, with gains averaging $2.74 million (56%). A

2,885 sq ft unit was sold in February for a $4.65 million profit

(124%). At The Claymore, units changed hands at more than

$2,500 psf. A 2,680 sq ft unit was sold for $6.8 million ($2,537

psf) in September 2017.

Meanwhile, also in District 9, a 2,820 sq ft unit at Cairn-hill Plaza recorded a $2.45 million profit (114%), making it

the most profitable transaction for the week of April 24 to

May 1, according to caveats lodged. The four-bedder was sold

at $4.6 million ($1,631 psf). The seller purchased the sev-

enth-floor unit in March 2006 for $2.15 million ($762 psf).

This translates into an annualised profit of 6% over a 12-

year holding period. All four transactions last year at Cairn-

hill Plaza were profitable.

Cairnhill Plaza is a freehold development by UOL Group

that was completed in 1978. The 30-storey condo comprises

a mix of two-, three- and four-bedroom units of 2,292, 2,819

and 3,303 sq ft, respectively. It is located about 400m from the

Orchard Road shopping belt.

The greatest loss at The Tate Residences so far this year was incurred by the seller of a 3,299 sq ft unit

The seller of a unit at Cairnhill Plaza made a profit of $2.45 million

THE EDGE SINGAPORE




| BY CHARLENE CHIN |

Developers of residential projects in the

Alexandra neighbourhood in District

3 have been reaping benefits from the

property market upcycle.

Transactions have been picking

up at The Crest, a 99-year leasehold develop-

ment on Prince Charles Crescent, off Alexan-

dra Road. The 469-unit condominium in Dis-

trict 3 was completed in late 2017 and, so far,

267 units, or 57% of the project, have been

sold, according to caveats lodged. The project

was jointly developed by Wing Tai Holdings,

Metro Australia Holdings and Maxdin, a unit

of UE E&C, and designed by renowned Japa-

nese architect Toyo Ito.

Sales have been strong this year. In just the

first four months of 2018, a total of 51 units

were sold, compared with 73 units in 2017 and

52 units the previous year.

Selling prices have gone up 8.4% to an

average of $1,947 psf in the first four months

of this year compared with $1,796 psf in the

first three months of launch from July to Sep-

tember 2014, according to caveats lodged.

To entice buyers, The Crest rolled out a

deferred payment scheme for the three- and

four-bedroom units last September. Buyers opt-

ing for these units need only pay a 1% book-

ing fee upon signing the option to purchase.

They have to exercise the option to purchase

and pay another 4% as well as buyer’s stamp

duty a fortnight later, according to marketing

agents. Another 5% will be payable a year later,

and the remainder is due only two years later.

Within a month of signing the option to pur-

chase, the buyers of these units can choose to

either move in or lease out the unit.

The developer has also upgraded the fittings

in two of the the four, 5-storey villa blocks,

including using Miele kitchen appliances and

installing high-end Bang & Olufsen television

sets in the living rooms. The buyers of units

in the villa blocks are offered another deferred

payment scheme.

The efforts have paid off. Of the 51 units sold in

the first four months of 2018, 11 were villa units,

at prices ranging from $2,015 to $2,190 psf. The

highest psf price achieved for all unit types was

for a 1,604 sq ft, four-bedroom villa unit on the

second storey of one of the villa blocks. At $3.5

million, this was also the second-highest price

fetched in the development so far.

In the vicinity is the 400-unit leasehold

Artra on Alexandra View, which will be linked

to the Redhill MRT station when completed.

The mixed-use 99-year development, a joint

venture between two listed Hong Kong devel-

opers — Far East Consortium International

and New World Development Co — has seen

sustained demand.

As the inventory of unsold units in neigh-

bouring projects dried up, the developers of

Artra and The Crest started to adjust their sell-

ing prices as well. Average psf price at Artra

rose 4.8%, from $1,728 in February to $1,810

in March. In April, the average psf price edged

up slightly to $1,837.

Since the project’s launch in April last year,

prices have risen 11.3%, from $1,650 to $1,837

psf, over the past 12 months. The highest av-

erage psf price was achieved on April 7, when

a buyer purchased a two-bedroom unit on the

38th floor for $1.7 million ($2,093 psf).

So far, Artra is 70% sold, according to

George Tan, executive director of Savills Resi-

dential, which is jointly marketing the project

with Knight Frank and PropNex Realty. There

are a wide range of unit types at Artra, from

two-bedroom units of 786 sq ft to five-bed-

room apartments of 2,583 sq ft.

The residential blocks sit on top of a com-

mercial podium that will have a Fairprice Fin-

est supermarket, a childcare centre and 16 re-

tail shops.

According to Savills’ Tan, the majority of

homebuyers at Artra are locals, with a good

mix of investors and owner-occupiers. He at-

tributes the strong sales to the positive mar-

ket sentiment. “People feel that if they don’t

buy now, prices may go up further,” he says.

Singapore — by postal district LOCALITIES DISTRICTSCity & Southwest 1 to 8

Orchard/Tanglin/Holland 9 and 10

Newton/Bukit Timah/Clementi 11 and 21

Balestier/MacPherson/Geylang 12 to 14

East Coast 15 and 16

Changi/Pasir Ris 17 and 18

Serangoon/Thomson 19 and 20

West 22 to 24

North 25 to 28

District 1 MARINA ONE RESIDENCES Apartment 99 years April 25, 2018 1,130 2,800,000 - 2,477 2017 New SaleMARINA ONE RESIDENCES Apartment 99 years April 25, 2018 1,141 3,060,350 - 2,682 2017 New SaleONE SHENTON Apartment 99 years April 25, 2018 1,604 2,727,200 - 1,700 2011 ResaleROBINSON SUITES Apartment Freehold April 25, 2018 614 1,690,000 - 2,754 2016 ResaleTHE CLIFT Apartment 99 years April 27, 2018 495 1,030,000 - 2,080 2011 ResaleTHE SAIL @ MARINA BAY Apartment 99 years April 30, 2018 678 1,200,000 - 1,770 2008 ResaleDistrict 2 ICON Apartment 99 years April 27, 2018 657 1,138,000 - 1,733 2007 ResaleSKYSUITES@ANSON Apartment 99 years April 24, 2018 958 2,286,010 - 2,386 2014 ResaleSPOTTISWOODE PARK Apartment 85 years April 30, 2018 1,313 920,000 - 701 Unknown ResaleSPOTTISWOODE RESIDENCES Condominium Freehold April 26, 2018 603 1,260,000 - 2,090 2013 ResaleSPOTTISWOODE SUITES Apartment Freehold April 30, 2018 581 1,240,000 - 2,133 2017 ResaleWALLICH RESIDENCE AT TANJONG PAGAR CENTRE Apartment 99 years April 27, 2018 861 3,014,000 - 3,500 2017 New SaleDistrict 3 ARTRA Apartment 99 years April 26, 2018 1,044 2,046,800 - 1,960 Uncompleted New SaleARTRA Apartment 99 years April 27, 2018 1,119 1,974,000 - 1,763 Uncompleted New SaleARTRA Apartment 99 years April 28, 2018 1,227 2,176,600 - 1,774 Uncompleted New SaleARTRA Apartment 99 years April 28, 2018 1,119 1,907,200 - 1,704 Uncompleted New SaleARTRA Apartment 99 years April 29, 2018 786 1,578,700 - 2,009 Uncompleted New SaleQUEENS PEAK Condominium 99 years April 28, 2018 850 1,681,000 - 1,977 Uncompleted New SaleQUEENS PEAK Condominium 99 years April 28, 2018 1,507 2,445,300 - 1,623 Uncompleted New SaleQUEENS PEAK Condominium 99 years April 29, 2018 1,001 1,770,000 - 1,768 Uncompleted New SaleQUEENS PEAK Condominium 99 years April 29, 2018 1,055 1,927,000 - 1,827 Uncompleted New SaleTANGLIN VIEW Condominium 99 years April 26, 2018 1,141 1,400,000 - 1,227 2001 ResaleTANGLIN VIEW Condominium 99 years April 27, 2018 1,141 1,525,000 - 1,337 2001 Resale

THE ANCHORAGE Condominium Freehold April 24, 2018 1,830 2,450,000 - 1,339 1997 ResaleTHE CREST Condominium 99 years April 24, 2018 1,195 2,219,000 - 1,857 2017 ResaleTHE CREST Condominium 99 years April 24, 2018 807 1,657,000 - 2,053 2017 ResaleTHE CREST Condominium 99 years April 27, 2018 1,658 3,232,000 - 1,950 2017 ResaleTHE CREST Condominium 99 years April 27, 2018 893 1,798,000 - 2,013 2017 ResaleTHE CREST Condominium 99 years April 27, 2018 1,292 2,349,000 - 1,819 2017 ResaleTHE CREST Condominium 99 years April 27, 2018 1,313 2,400,000 - 1,828 2017 ResaleTHE CREST Condominium 99 years April 27, 2018 1,593 2,893,000 - 1,816 2017 ResaleDistrict 4 CARIBBEAN AT KEPPEL BAY Condominium 99 years April 25, 2018 1,356 2,200,000 - 1,622 2004 ResaleCARIBBEAN AT KEPPEL BAY Condominium 99 years April 30, 2018 2,099 3,537,500 - 1,685 2004 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years April 24, 2018 2,648 3,500,000 - 1,322 2011 ResaleREFLECTIONS AT KEPPEL BAY Condominium 99 years April 27, 2018 947 1,750,000 - 1,847 2011 ResaleTHE INTERLACE Condominium 99 years April 30, 2018 1,259 1,600,000 - 1,270 2013 ResaleDistrict 5 DOVER PARKVIEW Condominium 99 years April 25, 2018 969 990,000 - 1,022 1997 ResaleHARBOUR VIEW GARDENS Apartment Freehold April 24, 2018 904 1,537,000 - 1,700 Uncompleted New SaleHARBOUR VIEW GARDENS Apartment Freehold April 24, 2018 904 1,542,000 - 1,705 Uncompleted New SaleHARBOUR VIEW GARDENS Apartment Freehold April 25, 2018 635 1,152,000 - 1,814 Uncompleted New SaleHARBOUR VIEW GARDENS Apartment Freehold April 28, 2018 657 1,164,000 - 1,773 Uncompleted New SaleHARBOUR VIEW GARDENS Apartment Freehold April 28, 2018 657 1,156,000 - 1,761 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 24, 2018 990 1,464,000 - 1,478 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 25, 2018 990 1,458,000 - 1,472 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 25, 2018 990 1,404,000 - 1,418 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 25, 2018 1,109 1,629,000 - 1,469 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 26, 2018 990 1,467,000 - 1,481 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 26, 2018 1,163 1,531,000 - 1,317 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 28, 2018 990 1,420,000 - 1,434 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 28, 2018 1,109 1,571,000 - 1,417 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 28, 2018 1,109 1,626,000 - 1,467 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 29, 2018 990 1,422,000 - 1,436 Uncompleted New SaleTHE CLEMENT CANOPY Apartment 99 years April 29, 2018 1,109 1,617,000 - 1,458 Uncompleted New SaleTHE INFINITI Condominium Freehold April 25, 2018 1,270 1,280,000 - 1,008 2008 ResaleTHE INFINITI Condominium Freehold April 27, 2018 1,270 1,370,000 - 1,079 2008 ResaleTHE INFINITI Condominium Freehold April 27, 2018 1,270 1,300,000 - 1,023 2008 ResaleTHE PARC CONDOMINIUM Condominium Freehold April 24, 2018 980 1,270,000 - 1,297 2010 ResaleTHE SPECTRUM Condominium Freehold April 26, 2018 2,271 2,200,000 - 969 2005 ResaleTHE VERANDAH RESIDENCES Apartment Freehold April 24, 2018 1,001 1,828,000 - 1,826 Uncompleted New SaleVARSITY PARK CONDOMINIUM Condominium 99 years April 27, 2018 1,346 1,550,000 - 1,152 2008 ResaleDistrict 8 70@TRURO Apartment Freehold April 27, 2018 495 909,909 - 1,838 Uncompleted New SaleCITYLIGHTS Condominium 99 years April 24, 2018 678 1,120,000 - 1,652 2007 ResaleCITYLIGHTS Condominium 99 years April 27, 2018 893 1,388,000 - 1,554 2007 ResaleKERRISDALE Condominium 99 years April 25, 2018 1,927 1,970,000 - 1,022 2005 ResaleSOHO 188 Apartment Freehold April 24, 2018 431 680,000 - 1,579 2008 ResaleDistrict 9 CAIRNHILL PLAZA Apartment Freehold April 26, 2018 2,820 4,600,000 - 1,631 1978 ResaleCAVENAGH COURT Apartment Freehold April 25, 2018 1,862 2,900,000 - 1,557 Unknown ResaleLEONIE HILL RESIDENCES Apartment Freehold April 24, 2018 1,410 2,980,000 - 2,113 2005 ResaleLEONIE HILL RESIDENCES Apartment Freehold April 25, 2018 1,141 2,440,000 - 2,139 2005 ResaleNEW FUTURA Condominium Freehold April 25, 2018 1,098 3,985,200 - 3,630 2017 ResaleNEW FUTURA Condominium Freehold April 30, 2018 1,830 6,199,200 - 3,388 2017 ResaleNEWTON EDGE Apartment Freehold April 25, 2018 807 1,420,000 - 1,759 2011 ResaleNEWTON EDGE Apartment Freehold April 25, 2018 700 1,300,000 - 1,858 2011 ResaleRIVERIA GARDENS Apartment Freehold April 25, 2018 1,432 3,291,300 - 2,299 2010 ResaleSOPHIA RESIDENCE Condominium Freehold April 27, 2018 1,399 2,290,000 - 1,637 2014 ResaleSOPHIA RESIDENCE Condominium Freehold April 30, 2018 1,432 2,525,000 - 1,764 2014 ResaleTHE IMPERIAL Condominium Freehold April 24, 2018 1,410 2,888,000 - 2,048 2006 ResaleTHE QUAYSIDE Apartment 99 years April 27, 2018 1,539 2,120,000 - 1,377 1998 Resale

DONE DEALS

Residential transactions with contracts dated April 24 to May 1

LAND AREA/ NETT UNIT FLOOR AREA TRANSACTED PRICE PRICE COMPLETION TYPE OFPROJECT PROPERTY TYPE TENURE SALE DATE (SQ FT) PRICE ($) ($) ($ PSF) DATE SALE


E

Transactions pick up at The Crest

At The Crest on Prince Charles Crescent, 51 units were sold in the first four months of this year





THE TATE RESIDENCES Condominium Freehold April 25, 2018 3,229 8,000,000 - 2,477 2009 ResaleTHE TRILLIUM Condominium Freehold April 25, 2018 1,798 3,700,000 - 2,058 2010 ResaleTIARA Condominium Freehold April 30, 2018 1,302 2,450,000 - 1,881 1995 ResaleDistrict 10 D’LEEDON Condominium 99 years April 26, 2018 2,013 3,100,000 - 1,540 2014 ResaleD’LEEDON Condominium 99 years April 27, 2018 1,216 1,910,000 - 1,570 2014 ResaleDUCHESS CREST Condominium 99 years April 25, 2018 1,184 1,620,000 - 1,368 1998 ResaleGRAMERCY PARK Condominium Freehold April 25, 2018 2,196 7,047,000 - 3,209 2016 ResaleGRAMERCY PARK Condominium Freehold April 26, 2018 2,174 6,797,800 - 3,126 2016 ResaleJERVOIS JADE APARTMENTS Apartment 99 years April 24, 2018 1,044 1,160,000 - 1,111 2000 ResaleJERVOIS MEADOWS Apartment Freehold April 26, 2018 1,023 1,550,000 - 1,516 1999 ResaleMILL POINT Apartment 999 years April 27, 2018 915 1,555,500 - 1,700 2004 ResaleCORONATION ROAD Detached Freehold April 27, 2018 10,786 13,000,000 - 1,206 Unknown ResaleONE JERVOIS Condominium Freehold April 26, 2018 1,959 3,050,000 - 1,557 2009 ResalePARKSUITES Apartment 110 years April 28, 2018 635 1,333,960 1,296,002 2,041 Uncompleted New SaleQUINTERRA Apartment 99 years April 26, 2018 1,787 2,400,000 - 1,343 2009 ResaleST MARTIN RESIDENCE Condominium Freehold April 26, 2018 786 1,690,000 - 2,151 2001 ResaleST REGIS RESIDENCES SINGAPORE Apartment 999 years April 25, 2018 3,757 8,550,000 - 2,276 2008 ResaleSTUDIO 3 Apartment Freehold April 30, 2018 1,528 1,840,000 - 1,204 2005 ResaleTHE TRIZON Condominium Freehold April 30, 2018 1,012 1,860,000 - 1,838 2012 ResaleVIZ AT HOLLAND Condominium Freehold April 25, 2018 495 900,000 - 1,818 2008 ResaleDistrict 11 10 SHELFORD Apartment Freehold April 27, 2018 452 828,000 - 1,832 2014 ResaleADAM PARK CONDOMINIUM Condominium Freehold April 25, 2018 958 1,525,000 - 1,592 2004 ResaleAMARYLLIS VILLE Condominium 99 years April 25, 2018 958 1,560,000 - 1,628 2004 ResaleHILLCREST VILLA Terrace 99 years April 26, 2018 3,165 3,110,000 - 983 2009 ResaleCASSIA DRIVE Detached Freehold April 24, 2018 10,237 14,550,000 - 1,421 Unknown ResalePAVILION 11 Condominium Freehold April 26, 2018 958 1,710,000 - 1,785 2009 ResaleTHE ARMADALE Apartment Freehold April 30, 2018 1,991 2,060,000 - 1,034 2001 ResaleTHE CHANCERY RESIDENCE Terrace 99 years April 26, 2018 3,272 2,510,000 - 767 2005 ResaleDistrict 12 KALLANG RIVERSIDE Apartment Freehold April 29, 2018 1,432 3,002,262 - 2,097 Uncompleted New SaleOKIO Apartment Freehold April 30, 2018 452 700,000 - 1,548 2015 ResaleSKYSUITES17 Apartment Freehold April 24, 2018 355 640,000 - 1,802 2014 ResaleTHE RIVERINE BY THE PARK Apartment Freehold April 26, 2018 1,302 2,180,000 - 1,674 2010 ResaleDistrict 13 INTERO Apartment Freehold April 27, 2018 1,776 1,800,000 - 1,013 2008 ResaleJALAN GIRANG Terrace Freehold April 27, 2018 1,647 2,100,000 - 1,275 Unknown ResaleOASIS @ MULBERRY Terrace Freehold April 25, 2018 2,077 3,380,000 - 1,628 2006 ResaleONE CHILTERN Detached Freehold April 25, 2018 5,608 3,376,000 - 602 2006 ResaleSENNETT ESTATE Terrace Freehold April 24, 2018 1,475 1,000,000 - 679 1955 ResaleSUITES@BRADDELL Apartment Freehold April 26, 2018 398 550,000 - 1,381 2015 ResaleTHE POIZ RESIDENCES Apartment 99 years April 25, 2018 527 835,000 - 1,583 Uncompleted Sub SaleTHE POIZ RESIDENCES Apartment 99 years April 26, 2018 441 750,000 - 1,699 Uncompleted Sub SaleDistrict 14 ASTORIA PARK Condominium 99 years April 27, 2018 958 1,030,000 - 1,075 1995 ResaleCANNE LODGE Apartment Freehold April 27, 2018 1,227 1,358,000 - 1,107 1995 ResaleCENTRAL GROVE Condominium 99 years April 24, 2018 1,346 1,235,000 - 918 2001 ResaleDAKOTA RESIDENCES Condominium 99 years April 27, 2018 1,023 1,370,000 - 1,340 2010 ResaleESCADA VIEW Condominium Freehold April 24, 2018 1,066 930,000 - 873 1997 ResaleLA BRISA Apartment Freehold April 27, 2018 603 835,000 - 1,385 2012 ResaleLORONG MARICAN Terrace Freehold April 25, 2018 1,389 1,650,000 - 1,190 1974 ResaleNESS Apartment Freehold April 24, 2018 1,055 900,000 - 853 2015 ResalePARK PLACE RESIDENCES AT PLQ Apartment 99 years April 29, 2018 667 1,385,000 - 2,075 Uncompleted New SalePARK PLACE RESIDENCES AT PLQ Apartment 99 years April 29, 2018 646 1,255,000 - 1,943 Uncompleted New SaleREZI 35 Apartment Freehold April 25, 2018 1,647 1,977,000 - 1,200 Uncompleted New SaleSIMS URBAN OASIS Condominium 99 years April 27, 2018 1,733 2,552,800 - 1,473 2017 New SaleSIMSVILLE Condominium 99 years April 26, 2018 969 760,000 - 785 1998 ResaleWATERBANK AT DAKOTA Condominium 99 years April 27, 2018 883 1,340,000 - 1,518 2013 ResaleDistrict 15 CORALIS Condominium Freehold April 26, 2018 1,227 2,280,000 - 1,858 2013 ResaleCOSTA RHU Condominium 99 years April 27, 2018 1,776 2,350,000 - 1,323 1997 ResaleEAST SIGNATURE Apartment Freehold April 26, 2018 1,001 1,268,000 - 1,267 2005 ResaleLA VIDA @ 130 Apartment Freehold April 24, 2018 484 618,000 - 1,276 2014 ResaleMAYA Apartment Freehold April 25, 2018 1,281 1,400,000 - 1,093 2007 ResaleSIGLAP ROAD Terrace Freehold April 24, 2018 3,552 3,400,000 - 956 1998 ResaleLORONG K TELOK KURAU Semi-Detached Freehold April 25, 2018 4,176 4,500,000 - 1,079 1985 ResaleLORONG J TELOK KURAU Terrace Freehold April 27, 2018 2,013 2,800,000 - 1,393 1981 ResaleJOO CHIAT WALK Terrace Freehold April 27, 2018 1,744 2,200,000 - 1,266 Unknown ResaleLORONG STANGEE Terrace Freehold April 27, 2018 3,660 3,700,000 - 1,011 1990 ResaleNEPTUNE COURT Apartment 99 years April 25, 2018 1,270 1,200,000 - 945 1975 ResaleNEPTUNE COURT Apartment 99 years April 30, 2018 1,636 1,550,000 - 947 1975 ResaleONAN SUITES Apartment Freehold April 26, 2018 840 1,080,000 - 1,286 2012 ResaleOPERA ESTATE Terrace Freehold April 25, 2018 1,755 2,150,000 - 1,225 Unknown ResalePARADISE PALMS Apartment Freehold April 24, 2018 1,141 1,600,000 - 1,402 2002 ResalePARC BLEU Apartment Freehold April 25, 2018 463 600,000 - 1,296 2013 ResaleSANCTUARY GREEN Condominium 99 years April 27, 2018 1,572 1,816,050 - 1,156 2003 ResaleSUNSHINE MANSIONS Apartment Freehold April 24, 2018 786 945,000 - 1,203 2006 ResaleTHE AMARELLE Apartment Freehold April 26, 2018 1,152 1,680,000 - 1,459 2009 ResaleTHE CAPE Apartment Freehold April 26, 2018 850 1,530,000 - 1,799 2014 ResaleTHE DOMAIN Apartment Freehold April 27, 2018 1,399 1,460,000 - 1,043 1995 ResaleTHE SEA VIEW Condominium Freehold April 25, 2018 560 1,125,000 - 2,010 2008 ResaleTHE SHORE RESIDENCES Condominium 103 years April 25, 2018 1,378 2,228,000 - 1,617 2014 ResaleTHE SOVEREIGN Condominium Freehold April 25, 2018 2,637 5,000,000 - 1,896 1993 ResaleVENTURA VIEW Apartment Freehold April 24, 2018 861 890,000 - 1,034 2012 ResaleVIBES @ EAST COAST Apartment Freehold April 25, 2018 388 578,000 - 1,492 2014 ResaleWILKINSON 8 Detached Freehold April 24, 2018 3,122 2,740,000 - 878 2008 ResaleDistrict 16 CHANGI GREEN Condominium Freehold April 26, 2018 1,130 1,200,000 - 1,062 1998 ResaleCHANGI GREEN Condominium Freehold April 26, 2018 904 898,000 - 993 1998 ResaleCOSTA DEL SOL Condominium 99 years April 26, 2018 1,346 1,780,000 - 1,323 2004 ResaleGRANDEUR PARK RESIDENCES Condominium 99 years April 24, 2018 969 1,380,000 - 1,425 Uncompleted New SaleKEW VALE Terrace 99 years April 30, 2018 1,765 1,980,888 - 1,122 1996 ResaleJALAN KATHI Semi-Detached Freehold April 27, 2018 4,596 4,680,000 - 1,017 1990 ResaleTANAMERA CREST Condominium 99 years April 26, 2018 1,163 938,000 - 807 2004 ResaleTANAMERA CREST Condominium 99 years April 27, 2018 1,593 1,165,000 - 731 2004 ResaleURBAN VISTA Condominium 99 years April 25, 2018 441 630,000 - 1,428 2016 ResaleWATERFRONT ISLE Condominium 99 years April 24, 2018 1,206 1,250,000 - 1,037 2015 ResaleWATERFRONT KEY Condominium 99 years April 24, 2018 915 1,080,000 - 1,180 2012 ResaleWATERFRONT KEY Condominium 99 years April 26, 2018 1,518 1,825,000 - 1,202 2012 ResaleWATERFRONT KEY Condominium 99 years April 27, 2018 1,227 1,380,000 - 1,125 2012 ResaleDistrict 17 BALLOTA PARK CONDOMINIUM Condominium Freehold April 27, 2018 1,701 1,290,000 - 759 2000 ResaleCARISSA PARK CONDOMINIUM Condominium Freehold April 24, 2018 1,324 1,060,000 - 801 2001 ResaleCARISSA PARK CONDOMINIUM Condominium Freehold April 26, 2018 1,302 1,100,000 - 845 2001 ResaleCOASTAL VIEW RESIDENCES Apartment 999 years April 27, 2018 2,110 1,780,000 - 844 2009 ResaleFERRARIA PARK CONDOMINIUM Condominium Freehold April 26, 2018 936 870,000 - 929 2009 ResaleFERRARIA PARK CONDOMINIUM Condominium Freehold April 30, 2018 1,195 1,090,000 - 912 2009 ResaleDistrict 18 BELYSA EC 99 years April 27, 2018 1,012 770,000 - 761 2014 ResaleCHANGI RISE CONDOMINIUM Condominium 99 years April 26, 2018 1,259 990,000 - 786 2004 ResaleCOCO PALMS Condominium 99 years April 27, 2018 1,259 1,689,200 - 1,341 2018 New SaleEASTPOINT GREEN Condominium 99 years April 26, 2018 1,130 905,000 - 801 1999 ResaleELIAS GREEN Condominium 99 years April 24, 2018 1,636 1,138,000 - 696 1994 ResaleMELVILLE PARK Condominium 99 years April 24, 2018 1,346 891,000 - 662 1996 ResaleNV RESIDENCES Condominium 99 years April 25, 2018 657 590,000 - 899 2013 ResaleNV RESIDENCES Condominium 99 years April 30, 2018 904 850,000 - 940 2013 ResalePINEVALE EC 99 years April 26, 2018 1,292 930,000 - 720 1999 ResaleSEASTRAND Condominium 99 years April 27, 2018 883 850,000 - 963 2014 ResaleSIMEI GREEN CONDOMINIUM EC 99 years April 25, 2018 1,249 950,000 - 761 1999 ResaleSTRATUM Condominium 99 years April 25, 2018 452 600,000 - 1,327 2016 Sub SaleTHE PALETTE Condominium 99 years April 30, 2018 883 950,000 - 1,076 2015 Resale

THE TAPESTRY Condominium 99 years April 25, 2018 1,130 1,514,700 - 1,340 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 26, 2018 474 656,100 - 1,385 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 27, 2018 990 1,332,450 - 1,346 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 27, 2018 603 828,800 - 1,375 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 27, 2018 474 708,750 - 1,496 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 28, 2018 474 701,460 - 1,481 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 28, 2018 689 1,008,450 - 1,464 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 29, 2018 603 875,610 - 1,453 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 29, 2018 603 794,400 - 1,318 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 29, 2018 441 652,050 - 1,477 Uncompleted New SaleTHE TAPESTRY Condominium 99 years April 29, 2018 474 711,990 - 1,503 Uncompleted New SaleWATERVIEW Condominium 99 years April 26, 2018 1,184 1,157,000 - 977 2014 ResaleWHITEWATER EC 99 years April 24, 2018 1,281 835,000 - 652 2005 ResaleWHITEWATER EC 99 years April 30, 2018 1,141 838,000 - 734 2005 ResaleDistrict 19 A TREASURE TROVE Condominium 99 years April 25, 2018 1,044 1,180,000 - 1,130 2015 ResaleA TREASURE TROVE Condominium 99 years April 26, 2018 1,130 1,380,000 - 1,221 2015 ResaleCASA CAMBIO Condominium Freehold April 25, 2018 420 635,000 - 1,513 2014 ResaleCENTRAL VIEW Condominium 99 years April 25, 2018 980 850,000 - 868 2002 ResaleCHARLTON CORNER Apartment Freehold April 30, 2018 850 815,000 - 958 1991 ResaleEVERGREEN PARK Apartment 99 years April 27, 2018 1,249 821,000 - 658 1999 ResaleFLO RESIDENCE Condominium 99 years April 24, 2018 1,184 990,000 - 836 2016 ResaleKINGSFORD WATERBAY Apartment 99 years April 24, 2018 850 1,158,000 - 1,362 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 25, 2018 850 1,150,000 - 1,352 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 28, 2018 893 1,219,000 - 1,364 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 28, 2018 850 1,158,000 - 1,362 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 28, 2018 850 1,123,000 - 1,321 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 29, 2018 850 1,147,000 - 1,349 Uncompleted New SaleKINGSFORD WATERBAY Apartment 99 years April 29, 2018 689 1,000,000 - 1,452 Uncompleted New SaleKOVAN MELODY Condominium 99 years April 24, 2018 1,216 1,375,000 - 1,130 2006 ResaleJALAN LABU MERAH Terrace Freehold April 26, 2018 1,765 2,160,000 - 1,223 Unknown ResalePARC CENTROS Condominium 99 years April 25, 2018 1,023 995,000 - 973 2016 ResaleRIVER ISLES Condominium 99 years April 30, 2018 1,076 1,050,000 - 975 2015 ResaleRIVERCOVE RESIDENCES EC 99 years April 27, 2018 1,109 1,097,400 - 990 Uncompleted New SaleRIVERCOVE RESIDENCES EC 99 years April 28, 2018 904 863,100 - 955 Uncompleted New SaleRIVERSOUND RESIDENCE Condominium 99 years April 25, 2018 753 810,000 - 1,075 2015 ResaleROSYTH VILLE Apartment 999 years April 30, 2018 1,087 1,040,000 - 957 2007 ResaleSERANGOON GARDEN ESTATE Terrace 999 years April 24, 2018 2,164 2,500,000 - 1,156 Unknown ResaleSERANGOON GARDEN ESTATE Terrace 999 years April 24, 2018 2,702 2,900,000 - 1,075 Unknown ResaleSERANGOON GARDEN ESTATE Terrace 999 years April 27, 2018 1,776 2,680,000 - 1,511 1980 ResaleSERANGOON GARDEN ESTATE Detached 999 years April 27, 2018 4,725 5,050,000 - 1,068 2006 ResaleSERANGOON GARDEN ESTATE Detached 999 years April 30, 2018 5,522 5,000,000 - 906 Unknown ResaleTAI HWAN PARK Terrace Freehold April 30, 2018 1,647 2,795,000 - 1,700 1990 ResaleTHE MINTON Condominium 99 years April 27, 2018 936 953,000 - 1,018 2013 ResaleTHE MINTON Condominium 99 years April 30, 2018 1,087 1,060,000 - 975 2013 ResaleTREASURE CREST EC 99 years April 24, 2018 1,152 1,144,000 - 993 Uncompleted New SaleDistrict 20 GRANDEUR 8 Condominium 99 years April 25, 2018 1,313 1,418,040 - 1,080 2005 ResaleGRANDEUR 8 Condominium 99 years April 30, 2018 1,216 1,220,000 - 1,003 2005 ResaleSEMBAWANG HILLS ESTATE Terrace Freehold April 26, 2018 1,496 2,800,000 - 1,866 Unknown ResaleTHOMSON IMPRESSIONS Semi-Detached 99 years April 27, 2018 2,034 2,500,000 - 1,229 Uncompleted New SaleDistrict 21 HILLVIEW GREEN Condominium 999 years April 26, 2018 1,324 1,258,000 - 950 1998 ResaleKISMIS RESIDENCES Terrace Freehold April 28, 2018 1,615 4,000,000 - 2,477 Uncompleted New SaleKISMIS RESIDENCES Terrace Freehold April 28, 2018 2,196 4,900,000 - 2,231 Uncompleted New SalePARC PALAIS Condominium Freehold April 30, 2018 980 1,100,000 - 1,123 1999 ResaleSHERWOOD TOWER Apartment 99 years April 25, 2018 1,539 1,250,000 - 812 1980 ResaleSIGNATURE PARK Condominium Freehold April 27, 2018 1,399 1,800,000 - 1,286 1998 ResaleTHE NEXUS Condominium Freehold April 26, 2018 947 1,450,000 - 1,531 2006 ResaleTOH TUCK HILL Semi-Detached Freehold April 26, 2018 3,627 4,800,000 - 1,324 1974 ResaleTRANQUILIA @ KISMIS Terrace Freehold April 29, 2018 4,359 3,400,000 - 780 Uncompleted New SaleDistrict 22 CASPIAN Condominium 99 years April 26, 2018 1,216 1,188,000 - 977 2012 ResalePARC OASIS Condominium 99 years April 30, 2018 1,227 1,120,000 - 913 1994 ResaleSUMMERDALE EC 99 years April 30, 2018 1,399 960,000 - 686 2000 ResaleTHE CENTRIS Apartment 99 years April 25, 2018 1,292 1,450,000 - 1,123 2009 ResaleTHE LAKESHORE Condominium 99 years April 30, 2018 1,184 1,350,000 - 1,140 2008 ResaleDistrict 23 FORESQUE RESIDENCES Condominium 99 years April 24, 2018 1,130 1,223,000 - 1,082 2014 ResaleHILLINGTON GREEN Condominium 999 years April 26, 2018 1,356 1,560,000 - 1,150 2002 ResaleHILLINGTON GREEN Condominium 999 years April 30, 2018 1,755 1,905,000 - 1,086 2002 ResaleHILLION RESIDENCES Apartment 99 years April 24, 2018 710 1,000,000 - 1,408 2017 Sub SaleHILLSTA Condominium 99 years April 25, 2018 570 679,000 - 1,190 2016 ResaleHILLVIEW RESIDENCE Condominium 999 years April 25, 2018 1,453 1,430,000 - 984 2002 ResaleHILLVIEW RESIDENCE Condominium 999 years April 25, 2018 1,238 1,190,000 - 961 2002 ResaleHILLVIEW RESIDENCE Condominium 999 years April 26, 2018 1,270 1,298,000 - 1,022 2002 ResaleNORTHVALE Apartment 99 years April 26, 2018 1,302 795,000 - 610 1998 ResaleNORTHVALE Apartment 99 years April 27, 2018 689 660,000 - 958 1998 ResaleNORTHVALE Apartment 99 years April 30, 2018 1,270 960,000 - 756 1998 ResalePARKVIEW APARTMENTS Apartment 99 years April 24, 2018 1,119 785,000 - 701 1998 ResaleTHE HILLIER Apartment 99 years April 24, 2018 506 750,000 - 1,482 2016 ResaleTHE LINEAR Apartment 999 years April 27, 2018 1,173 1,050,000 - 895 2006 ResaleTHE WARREN Condominium 99 years April 24, 2018 1,184 968,000 - 818 2004 ResaleDistrict 25 CASABLANCA Condominium 99 years April 27, 2018 1,119 910,000 - 813 2005 ResaleLA CASA EC 99 years April 27, 2018 1,141 820,000 - 719 2008 ResaleNORTHWAVE EC 99 years April 27, 2018 1,098 958,000 - 873 Uncompleted New SaleNORTHWAVE EC 99 years April 28, 2018 1,130 948,000 - 839 Uncompleted New SaleROSEWOOD Condominium 99 years April 27, 2018 1,173 868,000 - 740 2003 ResaleWOODHAVEN Condominium 99 years April 30, 2018 624 650,000 - 1,041 2015 ResaleDistrict 26 THE SPRINGSIDE Terrace Freehold April 24, 2018 2,400 3,481,000 - 1,450 2016 ResaleTHE SPRINGSIDE Terrace Freehold April 24, 2018 1,948 3,060,000 - 1,568 2016 ResaleTHE SPRINGSIDE Terrace Freehold April 24, 2018 2,314 3,530,000 - 1,528 2016 ResaleDistrict 27 EIGHT COURTYARDS Condominium 99 years April 24, 2018 1,378 1,330,000 - 965 2014 ResaleSEMBAWANG ROAD Semi-Detached Freehold April 27, 2018 2,939 2,200,000 - 749 Unknown ResalePARC LIFE EC 99 years April 26, 2018 1,066 961,000 - 902 2018 New SaleSELETARIS Condominium Freehold April 25, 2018 1,356 1,090,000 - 804 2001 ResaleSIGNATURE AT YISHUN EC 99 years April 26, 2018 1,098 853,000 - 777 2017 New SaleSIGNATURE AT YISHUN EC 99 years April 27, 2018 1,098 849,500 - 774 2017 New SaleSIGNATURE AT YISHUN EC 99 years April 28, 2018 1,098 849,500 - 774 2017 New SaleSIGNATURE AT YISHUN EC 99 years April 28, 2018 1,098 861,000 - 784 2017 New SaleSIGNATURE AT YISHUN EC 99 years April 29, 2018 1,098 872,500 - 795 2017 New SaleSIGNATURE AT YISHUN EC 99 years April 29, 2018 1,098 861,000 - 784 2017 New SaleTHE SHAUGHNESSY Terrace 99 years April 24, 2018 3,305 1,620,000 - 490 2006 ResaleDistrict 28 ESTE VILLA Terrace Freehold April 24, 2018 3,358 2,430,000 - 724 2013 ResalePARC BOTANNIA Condominium 99 years April 25, 2018 506 679,000 - 1,342 Uncompleted New SalePARC BOTANNIA Condominium 99 years April 26, 2018 506 670,000 - 1,324 Uncompleted New SalePARC BOTANNIA Condominium 99 years April 27, 2018 506 705,000 - 1,394 Uncompleted New SalePARC BOTANNIA Condominium 99 years April 28, 2018 667 893,000 - 1,338 Uncompleted New SaleSELETAR PARK RESIDENCE Condominium 99 years April 30, 2018 840 930,000 - 1,108 2015 ResaleSELETAR SPRINGS CONDOMINIUM Condominium 99 years April 25, 2018 1,012 790,000 - 781 2000 ResaleSUNRISE VILLA Terrace Freehold April 24, 2018 1,679 2,350,000 - 1,404 1985 ResaleTHE GREENWICH Condominium 99 years April 25, 2018 1,044 920,000 - 881 2014 Resale

DONE DEALS

Residential transactions with contracts dated April 24 to May 1

DISCLAIMER:

Source: URA Realis. Updated May 8, 2018. The Edge Property Pte Ltd shall not be responsible for any loss or

liability arising directly or indirectly from the use of, or reliance on, the information provided therein.

EC stands for executive condominium


PROP HUNT CLASSIFIEDS

$1,088,888 Laverne's LoftLORONG L TELOK KURAU, 425509 SingaporeFreehold | Bedroom: 2Size(sqft): 765 | PSF: $1,423

$1,230,000 LiviaPASIR RIS GROVE, 518219 Singapore99 years | Bedroom: 3Size(sqft): 1,324 | PSF: $929

$2,880,000 The ChuanLORONG CHUAN, 556820 Singapore999 years | Bedroom: 4Size(sqft): 1,658 | PSF: $1,737

$4,500,000 Terrace HouseJALAN LAPANG | FreeholdBuilt-Up(sqft): 8,124| Land(sqft): 2,379PSF: $1,892

$4,950,000 Corner Terrace HouseHARVEY CRESCENT | FreeholdBuilt-Up(sqft): 7,290 | Land(sqft): 5,588PSF: $886

$3,100,000 Terrace HouseHARVEY AVENUE | FreeholdBuilt-Up(sqft): 2,700 | Land(sqft): 2,548PSF: $1,217

2-bedroom + bomb shelter duplex penthouse with

unblocked panoramic view. Fully renovated. Good

and huge layout. Immaculate condition. Cosy, quiet

and peaceful environment.

Bright and well maintained unit. Walking distance to

Pasir Ris MRT station.

A beautiful, bright, cosy and very well maintained

high floor unit with unblocked panoramic city

view. Squarish layout. Full condo facilities. Within

3 to 4 mins to Lorong Chuan MRT station.

Brand new 3.5 storey terrace house near Kembangan

MRT station. 5 ensuites & 2 lofts, 7 bathrooms, 3

walk-in wardrobes with helper's room, store &

private lift. Beautiful garden, yard and roof terrace.

A huge 3.5 sty corner terrace on elevated ground

selling below 900psf. A real bargain with huge

potential. Nicely tucked in a quiet corner and yet

within 5 mins stroll to Simei MRT, Eastpoint Mall

and amenities.

An excellently located terrace within 5 mins stroll

to Simei MRT station, Eastpoint Mall & amenities.

South East facing with huge backyard and garden

for rear extension.

Scan QR code for more details

Baby Tan PROPNEX REALTY PTE LTDR020372Z

65 9188 8738

Tony Lee PROPNEX REALTY PTE LTDR050515G

65 9853 2643


65 9853 2643


65 9853 2643


65 9853 2643

Properties for SaleTo be featured, email [email protected] or call 6232-8663

Landed

$3,150,000 Terrace HouseSUNBIRD ROAD | FreeholdBuilt-Up(sqft): 2,800 | Land(sqft): 2,378PSF: $1,325

A regular rectangular land that is not back to back

facing nested in a charming neighborhood that is

quiet & serene. Well maintained. A beautiful garden

in front & at the back of the property. Comfortable

Walk to Simei MRT or Changi MRT station.

Nick Tan PROPNEX REALTY PTE LTDR006281F

65 9226 2311

$5,000,000 Sky @ ElevenTHOMSON LANE, 297727 SingaporeFreehold | Bedroom: 4 Size(sqft): 2,820 | PSF: $1,773

High floor unit with panaromic view. Overlooking

the lush greenery of MacRitchie Reservoir to the

north and the magnificent skyline of the city to the

south.

Paul Fam ERA REALTY NETWORK PTE LTDR007736H

65 8100 2280

Sidney Chia PROPNEX REALTY PTE LTDR057717D

65 9635 0999

Condominium

Date post:	11-Jul-2020
Category:	Documents
Upload:	others
View:	0 times
Download:	0 times

20180514 S EP 830 · 2018-05-11 · at The Crest EP8 HUTTONS ASIA The crowd at Rivercove Residences...

Documents