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Thread: North Park Residences

  1. #91
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    Quote Originally Posted by MrTan View Post
    True. Well said. Really depends what u buy it for.
    Yup.
    liquidate all our properties late 2013.
    so no tdsr.

    The size we want like not popular so, we are quite chill about the balloting. Anyway, at least i know i dun hv to spend so much time looking for a roof liao.

  2. #92
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    Quote Originally Posted by henryhk View Post
    U no hurry to buy, but other people may have their own reasons, not all buy to rent..... Not all need pay 10% absd, ..... It will be interesting to watch how the market unfolds in the next 3 years, hajaha..... I already stuck with 4....... I doubt I can buy anymore, as banks won't want to lend me anymore money
    Er... Henry replying to who huh?

  3. #93
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    Quote Originally Posted by aceivan View Post
    Yup.
    liquidate all our properties late 2013.
    so no tdsr.

    The size we want like not popular so, we are quite chill about the balloting. Anyway, at least i know i dun hv to spend so much time looking for a roof liao.
    Lol. Yup yup. Big units r usually for own stay, not for rental/investment purposes. Seems like u r looking around for a unit in yishun. Can hang around and see what the new mixed development at ave 4 is offering. Shld be launching in 2nd half this yr.

  4. #94
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    Quote Originally Posted by MrTan View Post
    Lol. Yup yup. Big units r usually for own stay, not for rental/investment purposes. Seems like u r looking around for a unit in yishun. Can hang around and see what the new mixed development at ave 4 is offering. Shld be launching in 2nd half this yr.
    Thanks.
    got the unit at stack 89. So no longer looking.
    lol.
    in and out like 5mins.

    Have to trouble my agent to send the docs for us to sign thou.

  5. #95
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    Quote Originally Posted by aceivan View Post
    Thanks.
    got the unit at stack 89. So no longer looking.
    lol.
    in and out like 5mins.

    Have to trouble my agent to send the docs for us to sign thou.
    Can reveal how much u pay for it?

    Btw, today not an auspicious day to do any major dealings. U wanna sign on another day? Jus IMHO

  6. #96
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    Quote Originally Posted by MrTan View Post
    Can reveal how much u pay for it?

    Btw, today not an auspicious day to do any major dealings. U wanna sign on another day? Jus IMHO
    Thanks.
    PM you.

  7. #97
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    any break down of the units sold?

  8. #98
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    Studio
    #xx-09 431sf $636,350 1,476psf
    #xx-10 431sf $640,800 1,487psf
    #xx-11 431sf $628,340 1,458psf
    #xx-12 431sf $624,780 1,450psf
    #xx-13 431sf $642,580 1,491psf

    1+Study
    #xx-14 560sf $776,970 1,387psf

    2-Bedroom
    #xx-30 624sf $865,080 1,386psf
    #xx-39 624sf $921,150 1,476psf

    2-Bedroom Deluxe
    #xx-15 700sf $923,820 1,320psf
    #xx-20 700sf $952,300 1,360psf
    #xx-29 700sf $948,740 1,355psf
    #xx-40 700sf $973,660 1,391psf
    #xx-41 700sf $991,460 1,416psf
    #xx-53 700sf $934,500 1,335psf
    #xx-78 732sf $954,970 1,305psf
    #xx-79 732sf $962,090 1,314psf
    #xx-91 700sf $930,940 1,330psf

    3-Bedroom
    #xx-16 872sf $1165,900 1,337psf
    #xx-77 829sf $1086,690 1,311psf
    #xx-84 829sf $1093,810 1,319psf
    #xx-90 883sf $1099,150 1,245psf

    3-Bedroom TRIO
    #xx-65 969sf $1278,930 1,320psf
    #xx-66 969sf $1239,770 1,279psf

    3-Bedroom Deluxe
    #xx-27 969sf $1286,940 1,328psf
    #xx-42 969sf $1249,560 1,290psf
    #xx-43 969sf $1227,310 1,267psf

    3-Bedroom + Universal Deluxe
    #xx-57 1098sf $1420,440 1,294psf
    #xx-60 1098sf $1369,710 1,247psf

    4-Bedroom
    #xx-67 1206sf $1499,650 1,243psf
    #xx-68 1206sf $1502,320 1,246psf

    5-Bedroom
    #xx-89 1432sf $1793,350 1,252psf

  9. #99
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    Quote Originally Posted by MrTan View Post
    Studio
    #xx-09 431sf $636,350 1,476psf
    #xx-10 431sf $640,800 1,487psf
    #xx-11 431sf $628,340 1,458psf
    #xx-12 431sf $624,780 1,450psf
    #xx-13 431sf $642,580 1,491psf

    1+Study
    #xx-14 560sf $776,970 1,387psf

    2-Bedroom
    #xx-30 624sf $865,080 1,386psf
    #xx-39 624sf $921,150 1,476psf

    2-Bedroom Deluxe
    #xx-15 700sf $923,820 1,320psf
    #xx-20 700sf $952,300 1,360psf
    #xx-29 700sf $948,740 1,355psf
    #xx-40 700sf $973,660 1,391psf
    #xx-41 700sf $991,460 1,416psf
    #xx-53 700sf $934,500 1,335psf
    #xx-78 732sf $954,970 1,305psf
    #xx-79 732sf $962,090 1,314psf
    #xx-91 700sf $930,940 1,330psf

    3-Bedroom
    #xx-16 872sf $1165,900 1,337psf
    #xx-77 829sf $1086,690 1,311psf
    #xx-84 829sf $1093,810 1,319psf
    #xx-90 883sf $1099,150 1,245psf

    3-Bedroom TRIO
    #xx-65 969sf $1278,930 1,320psf
    #xx-66 969sf $1239,770 1,279psf

    3-Bedroom Deluxe
    #xx-27 969sf $1286,940 1,328psf
    #xx-42 969sf $1249,560 1,290psf
    #xx-43 969sf $1227,310 1,267psf

    3-Bedroom + Universal Deluxe
    #xx-57 1098sf $1420,440 1,294psf
    #xx-60 1098sf $1369,710 1,247psf

    4-Bedroom
    #xx-67 1206sf $1499,650 1,243psf
    #xx-68 1206sf $1502,320 1,246psf

    5-Bedroom
    #xx-89 1432sf $1793,350 1,252psf

    How many units left? You really write like an agent.

  10. #100
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    Quote Originally Posted by yowetan View Post
    How many units left? You really write like an agent.
    300+ sold according to BT and SBR. You really sound like a buyer.

  11. #101
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    Quote Originally Posted by MrTan View Post
    300+ sold according to BT and SBR. You really sound like a buyer.
    I am definitely a buyer. I want to buy that's why I ask though no bank will loan to me and I am stuck with poor sibor rate and base.

  12. #102
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    Quote Originally Posted by yowetan View Post
    I am definitely a buyer. I want to buy that's why I ask though no bank will loan to me and I am stuck with poor sibor rate and base.
    u can check with ur friendly neighborhood licensed moneylender

  13. #103
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    Quote Originally Posted by MrTan View Post
    u can check with ur friendly neighborhood licensed moneylender
    The worst situation will be letting go Mt Sinai landed, but that will be a remote thought. My family and myself are trying our best to weather this period with rigor spending in mind.

  14. #104
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    Quote Originally Posted by yowetan View Post
    The worst situation will be letting go Mt Sinai landed, but that will be a remote thought. My family and myself are trying our best to weather this period with rigor spending in mind.
    IMHO, i will suggest focusing on ur current situation first before contemplating buying another property. good luck and all the best to you.

  15. #105
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    Maybank research:

    North Park Residences by Frasers Centerpoint. More than 300 units were
    booked at the private sales event on 5 Apr (Sunday). We were surprised by
    the strong take-up rate as the launch pricing was fairly aggressive, at 24%
    premium to neighbouring developments in Yishun. It appears that its
    proximity to the Yishun MRT station and integration with the retail mall
    are highly valued attributes by the market.

  16. #106
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    http://business.asiaone.com/property...-units-snapped

    Over 70% North Park Residences soft launch units snapped up

    SINGAPORE - A total of 313 out of 430 units at the upcoming North Park Residences were sold at a soft launch on Sunday.

    The new integrated development in Yishun comprises 920 units in 12 10-storey blocks housing one- to five-bedroom units.

    Developer Frasers Centrepoint (FCL) said sales of the new residential development were evenly spread across its one- to five-bedroom apartments with Singaporeans accounting for over 88 per cent of buyers.

    Phase 1 units of North Park Residences were released at prices starting from $612,000 for a Studio to $1.89 million for a five-bedroom 'vista' unit.

    Mr Cheang Kok Kheong, CEO of Development and Property for FCL, said that the integrated development Northpoint City will fill the gap for a vibrant lifestyle hub in the heart of Yishun and northern Singapore.

    Northpoint City will comprise over 500 retail and F&B stores, the Yishun integrated transport hub, Nee Soon Central Community Club, a town plaza and a community garden.

    Yishun MRT station can be accessed via the mall while a retail underpass will take residents to a new air-conditioned bus interchange currently under construction.

    North Park Residences will be officially launched for sale on Saturday, April 11. More than half of North Park Residences' 920 units have been reserved for the official launch.

    [email protected]

  17. #107
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    http://infopub.sgx.com/FileOpen/MEDI...&FileID=341885

    MEDIA RELEASE

    HOME BUYERS AFFIRM STRONG INTEREST IN NORTH PARK RESIDENCES DURING SOFT LAUNCH

    Yishun location and Northpoint City seen as major draw cards

    SINGAPORE, 6 April 2015 – Its locale and the many ‘doorstep’ benefits to being part of an integrated development have seen home buyers and investors show strong confidence in North Park Residences, which is part of Yishun’s iconic integrated development, Northpoint City. The 920-unit North Park Residences comprises twelve 10-storey blocks with configurations ranging from one- to five-bedroom units.

    Of the 430 units released at its soft launch yesterday (Sunday), a total of 313 units were sold. Sales were evenly spread across its one- to five-bedroom apartments with Singaporeans accounting for over 88 per cent of buyers. Phase 1 units of North Park Residences were released at an average pricing of $1,300 psf with prices starting from $612K for a 1-bedroom Suite to $1.89M for a 5-bedroom Vista unit.

    Developed by Frasers Centrepoint Limited (“FCL”), Northpoint City will be the developer’s fourth integrated development project.

    Mr Cheang Kok Kheong, CEO of Development and Property for FCL, said that the healthy demand for North Park Residences indicates that buyers are savvy about the advantages of its Yishun location as well as being part of an integrated development. FCL has also ensured that residents will enjoy the many communal facilities which will be easily accessible on foot via covered walkways and the shopping mall.

    “For some time now we have been hearing about the revitalisation and transformation of Yishun from that of a mature township to one with new facilities for medical, education, transport, recreational and other functional needs. Northpoint City will also fill the gap for a vibrant lifestyle hub in the heart of Yishun and northern Singapore,” said Mr Cheang. “Over the past three weekends of public preview, we have put in significant effort to meet and speak with some 5,000 visitors and prospective homebuyers on the value and investment potential in an integrated development like North Park Residences. The encouraging sales and ongoing enquiries reaffirms our success in engaging with them.”

    Northpoint City will comprise over 500 retail and F&B stores, the Yishun Integrated Transport Hub, Nee Soon Central Community Club (the first community club within a shopping mall), the expansive Town Plaza and a Community Garden.

    In particular, residents will be attracted to Northpoint City’s seamless connectivity to road, rail and bus services. They can access the existing Yishun MRT station via the mall while a retail underpass will take them to a new air-conditioned bus interchange currently under construction. By train, residents can reach Orchard Road within 22 minutes.

    Plans to improve Yishun’s connectivity to the various parts of Singapore are ongoing. This includes linking up expressways, connecting new roads and building a new expressway.

    North Park Residences will be officially launched for sale on Saturday, 11 April 2015. More than half of North Park Residences’ 920 units have been reserved for the official launch.

  18. #108
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    Fraser paid $1,077 psf ppr. So it seems like they are selling at Breakeven or even at a Loss?

  19. #109
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    Quote Originally Posted by fireflyy View Post
    Fraser paid $1,077 psf ppr. So it seems like they are selling at Breakeven or even at a Loss?
    Quote Originally Posted by MrTan View Post
    analyst’s expectations span a wide range – from $1,5xx PSF (assuming 10% profit margin), to around $14xx PSF (breakeven), to $1,3xx PSF (if Frasers chooses to sell at a bargain, slightly below cost).

  20. #110
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    the purchase price include the bus interchange site and the community center will be located on the 2nd level on the bus interchange section.
    The commercial sections will generate rental returns. Therefore cannot just look at the psf ppr

    ❗ SF will be opened daily now from 12pm - 8pm!! Swing your buyers to NPR now!!
    -----------------------------------
    �� ATTRACTIVE INTEGRATED PRICE GUIDE!! ��

    ��Studio (Type A1): Fr $628,340
    ��1+Study: Fr $776,970
    ��2BR (Type B1): Fr $865,080
    ��2BR TRIO: RELEASED UNITS FULLY SOLD!!
    ��2BR Deluxe (Type B2-B3): Fr $923,820
    ��3BR (Type C1-C3): Fr $1,086,690
    ��3BR TRIO: Fr $1,239,770
    ��3BR Deluxe (Type C4/C4a): Fr$1,249,560
    ��3BR + Universal Deluxe (Type D1/D2): Fr $1,369,710
    ��4BR (Type D3/D4): Fr $1,499,650
    ��5BR (Type E1): Fr $1,793,350

    *All prices quoted are valid at the time of this message & subject to changes any time. Please double confirm the prices before locking in.

  21. #111
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    There is a fb close group for northpark residences owners to gel together.
    https://www.facebook.com/groups/812289688851583/

  22. #112
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    http://www.channelnewsasia.com/news/...s/1778748.html

    North Park Residences opens for walk-in sales

    Frasers Centrepoint, developer of North Park Residences, says most of the units sold are the smaller ones. There is also a fair mix of those who buy to live in as well as investors.

    SINGAPORE: A project selling private homes at the largest integrated development in the north opened for walk-in sales on Saturday (Apr 11).

    Developers of North Park Residences have sold about 80 units, while about 320 units were sold at the project's soft launch last week. In total, about 40 per cent of the 920 units have been sold so far.

    North Park Residences will be part of Northpoint City, which will also house the Nee Soon Central Community Club and a Community Garden. It is this proximity to amenities and transport nodes that has attracted buyers.

    At S$1,300 per square foot, some buyers say it is "reasonably-priced". "Because of its position, with this price, it is a good buy," said Mr Ng Say Tiong, a buyer.

    Its developer Frasers Centrepoint says most of the units sold are the smaller ones and that it has seen a fair mix of those who buy to live in as well as investors. “Yishun is quite popular for its healthcare facilities so instead of waiting till 60 when you start buying a place, many of them buy at the age 40, 45, 50 and then plan for the future," said CEO of Development and Property for Frasers Centrepoint Cheang Kok Kheong.

    Integrated developments like North Park that have direct access to transport hubs are not new in Singapore. Projects like Bedok Residences, Watertown and J-Gateway have been launched in recent years, but with Singapore beefing up its transport networks, such integrated developments may become less attractive, says real estate firm Century 21.

    "More and more Singaporean homes would be within the 500 to 800 metres of an MRT station so in future as our transport networks expand and our efficiency in public transport improves, this premium would be eroded," said Century 21 CEO Ku Swee Yong.

    The project is expected to complete in three years' time.

  23. #113
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    http://www.channel8news.sg/news8/lat...k/1778744.html

    义顺综合公寓项目今天开盘 首阶段推出580个单位

    本地北部最大的综合公寓项目今天开盘,第一阶段推出的580个单位,从预售至今已经卖出380多个。发展商指出,买家大部分是投资者和提升者。

    位于义顺中的North Park Residences是一个商住综合项目,底层是一座购物中心,有超过500家零售和餐饮店面。公寓连接义顺交通中心,共有920个单位。

    星狮地产产业发展部总裁郑国强说:“购屋者有投资者,也有买来自住的。投资者买了单位后,可能暂时不会住进去,当他们退休 喜欢这里的生活方式 就可以搬进去住。”

    公寓平均售价为每平方尺1300元,最小一房式单位从61万元起跳。不少买家是冲着项目的便利设施而来。

    一名潜在买家说:“这里靠近义顺地铁站,底下还有巴士转换站,其实在交通方面会更方便一点。 ”

    另一名潜在买家则说:“我准备提升,我认为这是好地点,它是私宅但很便利,周围有交通设施、购物商场和餐饮店。”

    项目正式推出后,示范单位的人潮络绎不绝。分析师表示,由于地点靠近地铁站,又属于综合项目,所以受到购屋者的欢迎。

    分析师认为,尽管市场仍受降温措施影响,但由于附近航空园和医疗中心将引进不少就业人口,为这个项目带来了增值空间。

    世纪21产业总裁邱瑞荣说:“现在市场其实是很淡静,但是一个新的项目推出来了之后,在十天内能够卖出300多套,成绩算是很好。”

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    http://public-ir-cockpit.equitystory...str=RNDPMMGYPL

    NORTH PARK RESIDENCES SEES ROBUST SALES DURING WEEKEND LAUNCH

    Value of residential living in an integrated development draws buyers from within and beyond Yishun

    SINGAPORE, 13 April 2015 – Buyers living in the larger Yishun precinct have registered strong confidence in staying close to home, judging from the weekend sales of North Park Residences.

    Following an enthusiastic response to its soft launch the previous weekend, sales momentum of the 920-unit condominium, which is part of Northpoint City in Yishun, continued at its public launch over the weekend.

    100 additional units were sold during the weekend, adding to the 313 units sold during the soft launch. The 413 units sold in total represent almost 70% of the 600 units released.

    Based on total sales, 60% comprised buyers staying within or close to Yishun, including in Woodlands and Sembawang, who are familiar with the changes in Yishun and want to remain there.

    A large number of buyers also came from beyond Singapore’s North region with 40% from Northeast, West, East and Central Singapore, believed to be attracted to the pull of Yishun.

    A mature township, Yishun has been going through rejuvenation as part of the government’s Remaking our Heartland programme. This includes new roads and links to expressways to seamlessly connect residents in, around and beyond Yishun, as well as a medical hub that includes the existing Khoo Teck Puat Hospital and the Yishun Community Hospital slated for completion at the end of this year.

    “Northpoint City is the final piece of the jigsaw in the re-making of Yishun,” said Mr Elson Poo, General Manager, Sales and Marketing of Development and Property for Frasers Centrepoint Limited (“FCL”).

    “We are encouraged that buyers have registered confidence in this development,” he said. “It testifies to their assurance in the new Yishun and an integrated development as it boosts the live-ability quotient and the leasing resilience of North Park Residences.

    “Given the excellent medical facilities within the precinct, buyers can opt to lease-now, stay- later when they reach their retirement years and are in need of healthcare facilities close to home.”

    Northpoint City is the developer’s fourth integrated development and will comprise over 500 retail and F&B stores, the Yishun Integrated Transport Hub, Nee Soon Central Coummunity Club (the first community club within a shopping mall), the expansive Town Plaza and a Community Garden.

    According to data, 70% of buyers who have purchased North Park Residences units own HDB apartments. Mr Poo said that contextualised against the changes in Yishun and the benefits of living within an integrated development, buyers recognised its value. “Accustomed to living close to essential amenities, they know they can continue to enjoy similar and better facilities while living in a private estate. The price is right for what North Park Residences offers,” he said.

    Mr John Tan Hong Leong, 56, a Commercial Director, who purchased a North Park Residences unit during the soft launch, said he was drawn to the concept of an integrated development with close-to-home facilities. “The seamless connectivity from my future home to the various nearby amenities is also a pull factor. The parks, community and medical facilities are just a stone’s throw from the residence. My wife and I will turn 60 in four years’ time so we appreciate the convenience that North Park Residences will bring.”

    Anticipating demand for smaller units, two-thirds of North Park Residences comprise smaller apartments, namely two-bedroom and below, which mirrored the mix of unit-types sold. The TRIO dual-key units, a concept introduced by FCL in 2009, were the most popular with buyers.

    Units released over the weekend were priced from $618K for a Studio unit to $1.89M for a 5- bedroom Vista unit. Most of the buyers were aged between 41 and 50 years (34%), followed by buyers aged 31 to 40 (28%), 51 to 60 (21%) and 21 to 30 (11%).

    North Park Residences is slated for completion by 2020.
    Last edited by MrTan; 14-04-15 at 09:44.

  26. #116
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    http://business.asiaone.com/property...ark-residences

    413 units sold at North Park Residences

    Ariel Lim
    The Straits Times
    Wednesday, Apr 15, 2015

    North Park Residences is part of Northpoint City, which integrates the existing Northpoint mall with a new condo development with access to a transport hub.

    - See more at: http://business.asiaone.com/property....gU5QDt0v.dpuf

    OF THE 600 units released for sale at North Park Residences in Yishun on Saturday, 413 have now been sold.

    That is up from the 313 units that were shifted at the "soft launch" on April 5.

    Singaporeans make up about 87 per cent of the buyers while permanent residents account for around 10 per cent.

    And about 40 per cent of buyers come from outside the northern part of the island, which developer Frasers Centrepoint said was a sign of interest in Yishun.

    Frasers Centrepoint's chief executive of development and property, Mr Cheang Kok Kheong, estimated that about half of the buyers are HDB residents keen to upgrade to a condominium, while about half intended to rent out their units.

    Mr Elson Poo, Frasers Centrepoint's general manager of sales and marketing of development and property, said the medical facilities in the area meant that buyers could choose to rent out their units now and move in during their retirement.

    The 920-unit North Park Residences will be part of an integrated development in Yishun Central called Northpoint City.

    The existing Northpoint Shopping Centre will be integrated into the development, which will also contain a transport hub providing access to Yishun MRT station and a bus interchange.

    The Yishun public library will also be located within Northpoint City, as will the Nee Soon Central Community Centre, which will be the first community centre to be located within a shopping mall.

    Northpoint City is scheduled for completion by 2018 while North Park Residences is slated to be finished by 2020, said Frasers Centrepoint.

    Ms Jannie Chang, a married property agent in her 40s, bought a one-bedroom studio in the development. She told The Straits Times that the unit was her third property, after an HDB flat and a shophouse.

    She said she was attracted to the condominium primarily by its proximity to public transport and hospital facilities.

    Ms Chang added that she intends to stay in the condominium unit for one to two years before renting it out.

    Botanique at Bartley, a 797-unit condominium in Upper Paya Lebar Road, also did well.

    About 200 of the 360 units released for sale by UOL Group on April 4 have found buyers, 81 per cent of whom are Singaporean.

    [email protected]


    This article was first published on April 14, 2015.
    Get a copy of The Straits Times or go to straitstimes.com for more stories.

    - See more at: http://business.asiaone.com/property....gU5QDt0v.dpuf

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    Northpark residence may not be enbloc in future because there is a bus interchange and cc.

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    But i do like the mall concept.

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    -: 18-03-15, 18:08
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    Replies: 0
    -: 09-03-07, 11:05

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