21 Jan '11, 12am

TODAYonline | Business | Property | Suburban homes in high demand: Other suburban locations that may present pro...

SINGAPORE - Once living in the shadow of their inner-city and city fringe cousins, suburban residential properties are now stepping out on their own - with some of these properties located in more remote areas only accessible by feeder buses and light rail transit (LRT). And property experts say such mass market homes remain in high demand from owner-occupiers, who are unscathed by the new round of cooling measures that target mainly speculators. The Tennery, one of Far East Organization's newest properties, is a prime example of an outlying property hot in demand. According to Far East Organization, more than 90 per cent of the 338 units - 620 sq ft to 950 sq ft for one- and two bedroom units - have been sold. Located at the crossroads of Woodlands Road and Bukit Panjang, The Tennery units sold at prices ranging from $1,118 to $1,317 per square foot (psf), according to De...

Full article: http://www.todayonline.com/Business/Property/EDC110121-00...

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