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Thread: Is there anymore new condo project in the North East Region?

  1. #1
    Join Date
    Feb 2014
    Posts
    23

    Default Is there anymore new condo project in the North East Region?

    As the property market starts to pick up in the last 6 to 8 months of 2017, there are many condominium projects have started to see brisk sales. Making the stock for available projects depleting. Many buyers have start to think that this is the right time to buy. These buyers thinking makes them react thus developers start to clock in sales making the month of August of 2017 the highes transaction of sold units. Private home sales surge 165% compare to a year ago.

    Since the North East Region of Singapore used to be popular with the newly married or young families, this has not been the case of late. Because of the attractive entry price for private condominiums, many investors and buyers of all ages are banking in on the North East Region. Ever since the sell out of projects such as Riverbank, River Trees Residences, High Park Residences there has been pent up demand for the projects here.

    The next new launch that has kept everyone talking is Parc Botannia. Last year during the tender of this plot, it has been a competitive fight among the many singapore developers. Eventually, the top bid went to Sing Holdings and Wee Hur Development.

    Parc Botannia location is going to be built on this plot which is at the doorstep of Thanggam Lrt station and also walking distance to Seletar Mall shopping centre will be. It is a 700plus residential development with a range of 1 to 5bedrooms overlooking the straits of Johor as well as a stones throw away to the popular eateries along Jalan Kayu. Those who love the outdoors will also appreciate its proximity to Coney Island and also to the Waterway Point for cycling and other activities.


    Watch out for more exciting news on Parc Botannia.

    Propertynew.co

  2. #2
    Join Date
    May 2008
    Posts
    9,279

    Default

    not only is there no more new condo project is the north east, the market is fast running out of affordable "low" psf mass market condos all over singapore.

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