11 Oct '17, 7am

@SGPropertyGuru 1/2 empty glass, 1/2 full you mean? Developers hoping for miracle, clear unsold overpriced inventory

A view of Sky Habitat, a 99-year leasehold development situated at the heart of Bishan district 20. (Photo: Yasmin Beevi) With the property market expected to improve further next year, CapitaLand has joined other developers that have stopped selling units in their projects, reported Channel NewsAsia . CapitaLand has halted sales for Sky Habitat and Marine Blue , which had 99 and 53 unsold units respectively, as at 31 July. Property agents said the developer stopped sales at the 124-unit Marine Blue two weeks ago and at the 509-unit Sky Habitat a week later. Other developers that have postponed selling units at projects launched earlier this year include Lendlease and Qingjian Realty. Lendlease stopped sales at Park Place Residences , with plans to launch the next phase of sales in 2018. “The potential for long-term asset appreciation is very attractive and thus we believe...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

#sgproperty

propertyguru.com.sg 11 Oct '17, 5am

A view of Sky Habitat, a 99-year leasehold development situated at the heart of Bishan district 20. (Photo: Yasmin Beevi) ...

CapitaLand stops sale at two condo projects

propertyguru.com.sg 11 Oct '17, 4pm

A view of Sky Habitat, a 99-year leasehold development situated at the heart of Bishan district 20. (Photo: Yasmin Beevi) ...

Lend lease condo banking CapitaLand stops sales...

propertyguru.com.sg 11 Oct '17, 7pm

A view of Sky Habitat, a 99-year leasehold development situated at the heart of Bishan district 20. (Photo: Yasmin Beevi) ...

Braddell View forms en bloc sales committee

propertyguru.com.sg 12 Oct '17, 3am

Braddell View is a 99-year leasehold development apartment completed in 1981 and has a total of 438 units. Most residents ...

TIL “There are only 30,000 RE salespersons in S...

propertyguru.com.sg 11 Oct '17, 4am

Lower commissions, developers being less dependent on agents, and digital disruption are posing threats to Singapore agenc...

Property agencies merge, tap into tech as real ...

propertyguru.com.sg 10 Oct '17, 5am

Lower commissions, developers being less dependent on agents, and digital disruption are posing threats to Singapore agenc...

Another condo goes en bloc, this time in Bukit ...

propertyguru.com.sg 12 Oct '17, 2pm

Built in the 1980s, Royalville comprises 93 apartments and 11 shops. (Photo: Edmund Tie & Company) The en bloc frenzy cont...

18 S’pore projects to vie in FIABCI global awar...

propertyguru.com.sg 09 Oct '17, 4am

South Beach, CDL’s joint venture mega mixed-use development on Beach Road, features a distinctive wave-like canopy which a...

Foreign developers warm up to en bloc sales

propertyguru.com.sg 17 Oct '17, 5am

View of HDB flats in the Ghim Moh area. Despite its cumbersome and protracted process, the en bloc fever has started to ca...