A 28,745.9 sq m Executive Condominium (EC) land parcel at Canberra Link has been awarded to Qingjian Realty by HDB. Qingjian Realty won the bid with a tender price of $229.4 million. There was only two bidders for the executive condominium plot, the other bidder being TID Residential and a subsidiary of City Developments Limited (CDL),…
Developers sold 49 units of executive condos in June, not far off from May’s figure of 58 units. This is in contrast to the new private home sales figure in June where developers sold only 482 units, a far cry off May’s total of 1,488 units sold. The drop in new private home sales is attributed…
Developers sold a total of 58 units of executive condominiums for the month of May, 2014. Overall, the private residential property market saw positive sales for May as developers sold a total of 1528 units (including ECs), an increase from 797 units sold in April.
An executive condominium site along Sembawang Avenue has been put up for tender by HDB under the Government Land Sales (GLS) programme. The land parcel has a site area of 22,189.7 sqm, with a maximum Gross Floor Area (GFA) – 62,131.16 sqm. It is estimated to yield about 620 residential units in total. The executive condo land parcel is under…
Two tenders for adjacent executive condiminiums (EC) plots closed at the same time on 22 May 2014, a move set by the government to prevent soaring land bids and prices by developers. The two parcels were located at Yishun Street 51 and attracted healthy interest for both plots. Parcel A has a gross floor area…
48 units of executive condominiums were sold in the month of April. There were no new ECs launched during the corresponding period. This figure follows sales of 55 units of executive condos sold in March.
55 units of executive condominiums were sold in March. There were no new executive condominiums launched in March.
SkyPark Residences, an Executive Condo development in Yishun, has sold 271 units out of 506 units launched at S$800 psf for the month of November. Strong sales is expected to continue into December as it is one of the few available Executive Condominiums currently selling in the market.
The government has released two Executive Condo sites for sale under the Confirmed List of the Government Land Sales Programme. The two sites are located in Choa Chu Kang. The following article was published by TODAY and the whole article can be read here. SINGAPORE — Developers will likely moderate their bids for the two…
With effect from 9th Dec 2013, the Ministry of National Development (MND) has implemented further measures to refine the executive condominium housing scheme. Certain changes are meant to benefit Executive Condominium buyers while others are meant to create a more sustainable market. The important points to note are: Reduction of Cancellation Fees for ECs from…