30 Jan '15, 4am

Marina One Residences’ second block to be launched in 2017 - In the hopes of achieving better prices later, develo...

Comment E-mail to friend Bookmark & Share In the hopes of achieving better prices later, developer M+S will hold back the release of the remaining residential units at Marina One Residences, as it is exempted from the Qualifying Certificate (QC) rules. The 521 units at the project’s second residential block will only be launched when Marina One Residences has received its Temporary Occupation Permit (TOP) in 2017, said its Chairman Tan Sri Azman Yahya.“We made that decision, and we informed the buyers, so we have to stick to it. Obviously we have to honour it, despite the demand “We made that decision, and we informed the buyers, so we have to stick to it. Obviously we have to honour it, despite the demand which again was better than expected.” There has been a notable healthy demand for its one-bedders, which were bought at a median price of around $1.5 million. Moreover,...

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

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