10 Jul '11, 3pm

Slow start for walk-in-and-buy phase of Centrale 8

Slow start for walk-in-and-buy phase of Centrale 8

SINGAPORE: It was a slow start to the first weekend of the walk-in-and-buy phase of the most expensive Design, Build and Sell Scheme (DBSS) flats to hit the market. When MediaCorp visited the showroom of Centrale 8 on Saturday at 6pm, around 20 families were viewing the project. A board which listed the availability of the 708 units in the project, said around 35 per cent of the flats have been sold since the project was opened for sale. Potential buyers that MediaCorp spoke to said they were at the showroom to see if prices have fallen further and were cautious about selecting a flat because of the high prices. 40-year-old Zack Henry said: "It (Centrale 8) is near the MRT and Tampines Mall but the flats are expensive. I might as well go for an Executive Condominium (EC)." Another potential buyer, who only wanted to be known as Mr Wong, said: "The price is high but it is n...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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