Dunearn House, the highly anticipated launch of the first private residential project at the Turf City precinct turned out to be a disappointment. Joint developers Frasers Property, CSC Land Group and Sekisui House claimed that 5,900 visitors showed up for the preview weekend. But during the first sales weekend, it only moved 212 out of 380 units (or 56% of total units). … [Read more...]
6 property questions that have no answer
When we were young, we believed when we grow older, we will have the answer to most questions. As time passed by, we had more questions than answers. As former US Secretary of Defense Donald Rumsfeld told us, “There are things we don't know we don't know.” Sometimes we ask a question. Rather than getting an answer, we end up with more questions. Philosopher Aristotle said, … [Read more...]
What’s happening in new projects and the private home market?
Allow me to start with our familiar tone of sponsored content in the media. • What Singaporeans need to know about condominium new launches • Prices of “not-so-new” developer projects after discounts may surprise you • Discover a smarter way to read the real estate market with URA’s property data • How sales performance of new projects looks like years after first … [Read more...]
When a fling becomes a thing
Are you tempted to chase after surging prices of hot stocks to make some easy money? Do you often jump on the bandwagon of hot investments for fear of missing out any profit? Do you like to check out latest gadgets when you already have similar versions at home? Have you been distracted by any third party when you are in a stable relationship? A fling is an affair that only … [Read more...]
How well are developers’ new projects selling?
Normanton Park is the biggest new condominium launch since the start of 2021. Marketers had been bombarding consumers with e-mail, print and online ads for weeks. Before the end of the launch weekend on January 17 Sunday 6 pm, The Straits Times and The Business Times published unanimously a celebratory headline online that read “Normanton Park developer sells nearly a third … [Read more...]