ARTRA Condominium News

Last minute Scramble for buyers!

It was designed to bring the price deciding on the transfer óf shares in propérty-owning companies good rate put on regular property deals.On Friday, The Straits Times understands at least three such offers were completed at the eleventh hour. 1st, a consortium Ied by Mr Bén Yeo, previous managing director of home and engineering group Guthrie G... read more...
Shared on 18 Mar 2017, 07:55AM

Tweaks to property cooling measures

SINGAPORE: The Government’s tweaks to some residential property cooling measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market.Even as the Singapore was marked by the announcements Government’s first relaxation of the property cooling measu... read more...
Shared on 12 Mar 2017, 20:22PM

Perumal Road, 11 bids were received

11 bids were received for a site near Farrer Park MRT station, Perumal Road. Low Keng Huat Ltd, a local developer tendered the top bid of $174.08 million ($1,000.71 psf per plot ratio). It was 4.4% higher than China Construction (South Pacific) Development at $958.28 psf per plot ratio. Coming in third with a bid of $161.5 million ($928.4... read more...
Shared on 16 Jan 2017, 02:30AM

Confirmed list sites to be launched in 1st Quarter 2017

These projects, like Artra condo are likely to yield up to 7,465 private homes and create 158,080 sq m of commercial spaceMeanwhile, the reservation list will include seven residential sites (including one executive condominium (EC) site), one commercial and residential website and two commercial site. These site can offer 5,135 private h... read more...
Shared on 01 Jan 2017, 21:24PM

Projects escaping ABSD

Bartley Ridge narrowly escapes the corrective additional purchaser's stamp duty. The developer would have to spend around $48.5 zillion of ABSD if it cannot promote all the units in the project by middle-January 2017.The 868- apartment Bartley nonetheless had two penthouses staying unsold as at end-October, however buyers were found by them in Nove... read more...
Shared on 27 Dec 2016, 01:10AM

7 New Developments in 2016

This year, a slew of new residential projects are set to launch, and therefore are likely to attract keen interest from home buyers. Some sites to watch out for are:1) Siglap RoadThe 1.93ha website at Siglap Road was awarded to a consortium headed by Frasers Centrepoint for $624.18 thousand in Jan 2016. The purchase price calculates to about $858 p... read more...
Shared on 25 Dec 2016, 03:39AM

URA releases 2 residential sites for sale, at Redhill and Sembawang

SINGAPORE - Two lots of land were introduced for sale on Friday (September 30) by the Urban Redevelopment Authority (URA), which together may yield about 515 home units.One other location was made available for sale under the "Reserve List", which means it'll be put up for sale if your software engineer's suggested minimal price is satisfactor... read more...
Shared on 25 Dec 2016, 01:33AM

HDB flat near Redhill MRT sold above $900,000

A 1,432 sq ft five-area HDB smooth in Bukit Merah/Queenstown was sold for $918,000 in March this year, based on advertising representative Tay Hwee Hua (Helen Tay) from PropNex, who is likewise the possessor of the unit. The mid-floor unit can be found at 133 Lane that has been completed in 1996. This deal marks the first transaction Clarence Stree... read more...
Shared on 25 Dec 2016, 01:31AM

Potential launches in 2H2016

Predicated on evaluation of Government Land Sales Data, nine private non-landed residential developments and two condominiums (EC) could be launched by developers on the market in 2H2016 whether the present purchasing momentum proceeds. Three developments have been in the town fringe, with all the balance in the Outdoors Central Location. Prospecti... read more...
Shared on 25 Dec 2016, 01:30AM

More sites for private homes may be released

The Government is preparing for its next land sales exercise against a backdrop of bullish bids for sites and a declining stock of unsold private homes.This could nudge it to release more plots in this exercise - after a spell of trimming supply to a muted market, analysts said.Land tenders eg. Artra Condo this year have mostly been competitiv... read more...
Shared on 25 Dec 2016, 01:30AM