21 Jan '13, 11am

developers dangle big discounts

http://www.straitstimes.com/premium/...ounts-20130121 Condo developers dangle big discounts Published on Jan 21, 2013 By Esther Teo Property Reporter IN A sign that property prices might be headed south, developers have been offering significant discounts for their projects, following tough new cooling measures. CapitaLand upped the ante in the jostle for home buyers over the weekend, offering discounts of up to 15 per cent for units in d'Leedon, one of its key residential projects in District 10. Other developers have been deploying similar tactics - slashing prices and offering other sweeteners - in response to the new rules unveiled on Jan 11. Far East Organization, for example, is offering discounts of up to 4 per cent for all its projects. Last week, the 630-unit Qbay Residences in Tampines, jointly developed by Frasers Centrepoint, Far East Organization and Sekisui H...

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