Connect with Us     

NEW LAUNCH PROPERTY - SINGAPORE PROPERTY PORTAL

Connect with Us               

Developer Sales Enquiry: 9789 8770

New Property Dream News Blog

Be Updated Daily with the New Happenings in the Property Market!
"Hit" the 'Subscribe to blog' on your right for Daily Property News Updates!

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

At least 50 units sold at Corals preview

Posted by on in Uncategorized
  • Font size: Larger Smaller
  • Hits: 913
  • Subscribe to this entry
  • Print
At least 50 units may have been sold at Corals at Keppel Bay yesterday, the first day of the project's preview. The developer has released about 100 of the condo's 366 units for the preview. Buyers are believed to be mostly Singaporeans.

Prices reportedly range from $1,800 psf to $3,000 psf. The development will have 11 blocks of between five and 10 storeys.

Of the initial batch of 100 apartments, absolute prices are thought to range from $1.31 million (for a 624 sq ft one-bedder, reflecting a unit price of $2,100 psf) to $10.7 million (for a nearly 3,600 sq ft four-bedroom deluxe unit with full waterfront view, translating into around $3,000 psf).

Designed by Studio Daniel Libeskind, Corals at Keppel Bay will come up on a site with a tenure of 99 years from February 2007. It is the third residential project by Keppel Corporation and Keppel Land on the former Keppel Harbour site, after the 969-unit Caribbean at Keppel Bay and the 1,129-unit Reflections at Keppel Bay.

Caribbean, which is fully sold, was completed in 2004. At Reflections, which received Temporary Occupation Permit in December 2011, 874 of the 950 units launched so far have found buyers. The developer's average asking price for the remaining units is about $2,400-2,500 psf, with a premium for sea-facing units.

Another 151 units at Reflections have been set aside for leasing as corporate residences.

Two more residential projects remain to be developed at Keppel Bay - about 86 units on Keppel Island, and a condo with an estimated 234 units on a plot opposite Corals, separated by King's Dock and closer to the Harbourfront office towers. The plot is jointly owned by Keppel Corp/KepLand and Mapletree Investments.

And in Elias Road, Elitist Development - which is related to the Lim family behind Sin Soon Lee Group - had sold 130 units at Stratum as at 7 pm yesterday.

So far 170 of the project's 380 units have been released at an average price of $900 psf. Absolute prices start from around $540,000 for a 432-sq ft studio unit.

Stratum has studio units, one to five-bedroom apartments, penthouses (with three to five bedrooms) and four-bedroom dual key units.

Sizes range from 432 sq ft for a studio unit to 2,446 sq ft for a five-bedroom duplex penthouse. The five-storey condo will have 14 blocks.

The 99-year leasehold project is being built on a site that Elitist clinched at a state tender in April last year at $472 per sq ft per plot ratio.

More units are slated for release today, said Michael Lim, director at Elitist Development.

Credit from Business Times - 18 May 2013
Rate this blog entry:
0
 

 

To all Real Estate Investors and Future Property Owners,

Hello there, this is Sky Chiu, your Singapore Real Estate Advisor, welcome and thank you for reading through to my News Blog! If you would like to be updated with the Property Market Insights, Do Subscribe to my Blog or via RSS on the Top Right of this page!


With 9 years of experience in real estate business, equipped with in-depth property market and new projects knowledge and insights, i committed to give all my valued clients detailed and clearer analysis before they committed to their dream home - whether you are a first time property seller, an experienced property investor, a first time property buyer or a foreigner looking to move into Singapore.


My dedicated services cover my valued clients through the whole process - selling the property at the Highest Possible Price, finding the Right property, negotiating the for the Best Price, to making an Offer and closing the Best Deal. As your Personal Real Estate Consultant, i am here to help you in everything to make the best real estate decision in your life. Your Satisfaction is My First Priority!

 
Phone Support

 

YOUR DEDICATED PROPERTY ADVISOR

We have a group of very experienced property advisors with in-depth property market and new projects knowledge and insights to give our clients a detailed and clearer analysis before they committed to their dream home from us.

We identify our clients' needs, help them to restructure and maximise their property portfolios. We successfully advised and helped our clients on their loan restructuring and financial timeline management on their property investment.

Contact Us for An Non-Obligatory Discussion Today!

 

DIRECT DEVELOPER PRICE

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum

 

DIRECT DEVELOPER PRICE

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum

 

NO COMMISSION

Danish candy sesame snaps sugar plum candy canes sweet donut sugar plum