Core Central Region Properties building up transactions Pasir Ris
Other real properties (Item ID: 24886)
Inspite of the vying terms and discount tenders by individual developers, transactions continue to ramp up in the core central region and high quantum luxury properties.
In the beginning half of 2016, luxury properties that are priced $5 million and above became circumstantially higher than the full transactions in the solid year of 2015 with already 131 properties closed compared to last year's total of 166 luxury units sold.
With a reasonable value of about $2,600psf, the Gramercy Park at Grange Road by City Developments Limited, has reportedly sold 30 units within 2 months despite being unofficially set for launch. Purchasers who were by and large Singaporeans bought 2-bedroom unit at about $3 million and 3-bedroom unit projecting from $4.7 million.
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02/08/2016 11:36 am
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