Of these are the Wandervale by Sim Lian Land in Choa Chu Kang, Yishun’s The Criterion and Frasers Centrepoint belonging to TID Residential and CDL, and a joint project by KH Capital, Parc Life in Sembawang. Then again, the fairly higher asking price levels of Skies 39 could quite possibly have resulted in a rise in the number being set up for auction in recent quarters,” Lee explained.

Skies 39 Evia Real Estate Bid Price

It has been pointed out that upcoming projects will continue to see pricing that is competitive with a shrinking pool of potential buyers as well as developers facing competition that is steeper. While 2015’s horizon doesn’t seem to hold any changes for the government curbs on skies 39 braddell mrt, it is expected that the private residential sector will remain soft, according to a property analyst. Nicholas Mak, Research Head at SLP International anticipates a 4-6%. For the long term, Christine Li, Research Head at OrangeTee, is expecting a drop of near 10% by close of 2015.

Eugene Lim, KEO at ERA Realty anticipates rents to drop another five to six percent by the end of year for skies 39 toa payoh lorong 6, while R’ST Research director Ong Kah Seng sees a full-year decline of five to seven percent. Skies toa payoh lorong 4 Real estate property brokers attribute the problem to a lack of demand because of lack of renters. The truth is, landlords have diminished rents in order to compete for tenants, where the numbers are already constrained as a consequence of lower number of foreign workers.

Toa Payoh Condo near Braddell MRT

Regarding total sales, the quantity of homes successfully sold off rose to 10 throughout the third quarter from nine within the former period. There are also a few EC projects in the pipeline that are set to be launched over the next several months. Due to their tenure of the piece of land, freehold houses are often more pleasing to customers in the open-market as as opposed to leasehold houses. Some of the Skies 39 toa payoh lorong 4 launches that are coming up include a maiden project by Nanshan Group in Singapore called Thomson Impressions, located in Lorong Puntong.

Skies 39 Condo Review

There is also MCC Land’s Andrew Residences that is set to launch either in October or November. Also up for release next month are 663 units from Kheng Leong and UOL’s Principal Garden condominium located in Prince Charles Crescent. Comparatively, a couple of properties out of 70 had been purchased this section in Q2 2014. Particularly, 5 belonged under Skies condo at toa payoh owner’s sale, converting to a success rate of 6.8 percent since there were 73 real estate readily available in such a segment. JBE Holdings’ Signature, located at Yishun, is expecting to sell their units at a median price of $750 per square foot or less with their booking date that began on September 26th.