07 Dec '16, 1pm

7 upcoming projects to look out for in 2017

Aerial view of the Clementi Avenue 1 site. Source: URA A slew of new residential projects are set to launch next year, and are expected to attract keen interest from home buyers. Some sites to watch out for are: 1) Siglap Road The 1.93ha site at Siglap Road was awarded to a consortium led by Frasers Centrepoint for $624.18 million in January 2016. The price works out to about $858 psf per plot ratio. Nearby amenities include the future Siglap MRT station, shopping malls and schools. The 99-year leasehold site is expected to yield about 840 units. 2) New Upper Changi Road Property developer Chip Eng Seng won the tender for the 2.4ha site at New Upper Changi Road in February 2016 after submitting the highest bid of $419.38 million, or $761 psf on the gross floor area. The 99-year leasehold plot is close to the Tanah Merah MRT station, Changi Business Park and the Singapore U...

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

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