13 Jan '17, 6am

More developers dangling carrots to move units

Some of the incentives offered include significant discounts on the prices of completed units. More condo developers are offering incentives, such as deferred payment schemes to lure home buyers, following its success in moving units last year, reported The Straits Times . Among the latest projects to offer such marketing schemes include TG Development’s The Peak@Cairnhill II, Wheelock Properties’ Ardmore Three and CapitaLand’s Sky Habitat . Also offering incentives are two projects marketed by ERA Realty Network. One Balmoral is offering a 13 percent discount on prices of all units, while Corals at Keppel Bay is dangling a $50,000 discount on prices of selected units. Last year, OUE’s creative marketing schemes, which included deferred payments for its Twin Peaks project, received good response, prompting other developers to follow suit. In fact, CapitaLand’s own version ...

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

Tweets

HDB chief receives international honour | Prope...

propertyguru.com.sg 19 Jan '17, 9am

Dr Cheong Koon Hean is the first recipient from Asia to become an Urban Land Institute J.C. Nichols Laureate. (Photo: HDB)...

Singapore home sales in 2016 topped 8,000 units...

bloomberg.com 16 Jan '17, 6am

Singapore house sales last year topped 2015’s tally as a third straight year of price declines stoked pent-up demand from ...