23 Jan '17, 3am

Oldies can be goodies too.

Oldies can be goodies too.

Oldies can be goodies too, as homebuyers showed by snapping up units at projects launched before last year. A check with developers found that those which enjoyed buoyant sales last year - Hong Leong Group, MCL Land, Qingjian and MCC Land, for example - got a sizeable boost from selling apartments released in 2015 and earlier. Hong Leong sold 1,140 units last year for a total value of about $1.45 billion. Earlier projects, such as Commonwealth Towers in Commonwealth Avenue and Coco Palms in Pasir Ris , which were both launched in 2014, accounted for 715 of the units sold. Chinese developer Qingjian sold 768 units last year, with 466 coming from two projects rolled out in 2014 - Bellewoods in Woodlands and Bellewaters in Sengkang . A Qingjian spokesman told The Straits Times that the average price per square foot of the units sold at Bellewaters last year was $786, which is...

Full article: https://www.srx.com.sg/singapore-property-news/31312/buye...

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