Search Articles

in

Recommended For You

Owners' bid to recover legal fees dismissed
Owners' bid to recover legal fees dismissed

The Straits Times -
27 Nov 2014

Judge rules unrecovered costs part and parcel of resolving disputes


Redas urges govt to intervene if property market turns volatile
Redas urges govt to intervene if property market turns volatile

The Business Times -
27 Nov 2014

Redas chief echoes the property market's concern over the effects o...


Derby Court up for en bloc sale by tender
Derby Court up for en bloc sale by tender

The Business Times -
25 Nov 2014

UNDAUNTED by the lacklustre en bloc residential sale market this ye...



Latest Condo Ads

Goodwood Residence
Goodwood Residence (D10) Condominium, For Sale

Luxurious and Spacious 3
bedroom unit, with 3
bath


Waterfront @ Faber
Waterfront @ Faber (D22) Apartment, For Sale

Waterfront @ Faber, an
upcoming Condo Launch at
Su


Marine Blue
Marine Blue (D15) Condominium, For Sale

Marine Blue is the NEXT
BIG LONG AWAITED LAUNCH
@



Featured Videos

Newsletter

Subscribe to receive the hottest news & property trends, updates on popular properties and promotions from STProperty & our partners

Condominium

Keppel pricing Corals units at $1,800-3,000 psf

[SINGAPORE] Keppel Land is said to be pricing the initial 100 apartments at its Corals at Keppel Bay condo at between $1,800 psf and $3,000 psf.

The Business Times - May 17, 2013
By: Kalpana Rashiwala

| More
Keppel pricing Corals units at $1,800-3,000 psf

[SINGAPORE] Keppel Land is said to be pricing the initial 100 apartments at its Corals at Keppel Bay condo at between $1,800 psf and $3,000 psf.

The project - being developed on a site with 99-year leasehold tenure starting February 2007 - has a total of 366 units in 11 blocks between four and 10 storeys high.

Nearly 45 per cent of the units are one and two-bedders. Corals at Keppel Bay will have one, two, three and four-bedroom apartments sized between 600 sq ft and 3,600 sq ft in addition to eight penthouses (4,800 sq ft to 7,800 sq ft).

BT understands that for the 100 apartments in the initial batch that will be previewed today, absolute prices start from $1.31 million for a 624 sq ft one-bedder (reflecting a unit price of $2,100 psf).

The priciest apartment is said to cost around $10.7 million for a four-bedrom deluxe unit of nearly 3,600 sq ft. This works out to around $3,000 psf for the unit, which has a full waterfront view.

Over in Pasir Ris, Elitist Development - controlled by the Lim family behind industrial developer Sin Soon Lee - has begun sales at the Stratum condo. The average price in the 99-year leasehold project is $900 psf.

The developer has released some 170 units, or nearly half of the project's 380 units. Absolute prices are said to start from around $540,000 to $550,000 for a studio unit.

Stratum has studio units, one to five-bedroom apartments, penthouses (with three to five bedrooms) and four-bedroom dual key units.

Units span from 432 sq ft for a studio unit to 2,446 sq ft for a five-bedroom duplex penthouse.

The five-storey condo will have 14 blocks.

Elitist Development is building the project on a site at the corner of Elias Road and Pasir Ris Drive 3 that it bagged at a state tender in April last year for $472 per square foot per plot ratio (psf ppr).

Last month, developers' sales halved to 1,375 private homes from the record 2,793 units in March - mainly due to a dearth of big project launches. The 1,158 private homes that developers released last month was just a third of March's 3,489 units, according to data from the Urban Redevelopment Authority released on Wednesday.

Generally, property consultants expect sales in May to come in at below 2,000 units - given that most projects scheduled for release this month are smallish.

 

| More

More homes go under the hammer in weak market

More homes go under the hammer in weak market

The Straits Times - 21 Nov 2014

Big jump in property auctions as banks try to recover unpaid loans


Luxury homes face nearly $3m in losses in mortgagee sale

Luxury homes face nearly $3m in losses in mortgagee sale

The Straits Times - 24 Nov 2014

TWO luxury homes in Singapore are on the market at prices that would mean losses of nearly $3 million each as the local property market continues to weaken.


Policy tweaks to ensure a softer landing

Policy tweaks to ensure a softer landing

The Business Times - 21 Nov 2014

THE calls to ease the property cooling measures affecting the Singapore residential property market have gained intensity amid news of tepid property sales and falling prices.

View articles from these categories

X

Sold: $1.64m penthouses at Woodlands EC

The Straits Times - May 12, 2013

By: Cheryl Ong