Upmarket condos set for launches Suburban condos have been driving sales in recent weeks but upmarket homes are poised to take centre stage with a series of launches coming up. Wing Tais The Crest off Alexandra Road and near the exclusive area of Jervois Road is expected to be launched soon. Keppel Lands 99-year leasehold The Highline Residences in Kim Tian Road on the fringes of the city is also poised to go and is tipped to be popular. The project is expected to have 500 units. Marketing agents expect a selling price of between $1,700 per sq ft (psf) and $1,900 psf with expatriates and professionals seen as the target market, given the developments choice Tiong Bahru location. While an exact date was not given, a Keppel Land spokesman said: We are planning our sales launch. Another city area project is the mixed development City Gate in Beach Road, which is being jointly developed by World Class Land and Fragrance Group. It is on the site of the former commercial development Keypoint. The 3.67 million sq ft Marina One, jointly developed by Temasek Holdings and its Malaysian counterpart Khazanah Nasional, will be another highly anticipated launch. The 1,042-unit project in Marina Bay is expected to go on sale in the next few months. City Gate may launch sooner with some agents expecting it to hold a preview by the end of this month with a release in July. The upcoming projects will not have the same problem as they are not in the same price bracket. Source: The Straits Times – 17 June 2014
Posted on: Tue, 17 Jun 2014 03:15:16 +0000
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