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Ultimate list of 75 mixed-use developments: Where to find them and prices asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
Notable issues: Stellar RV saw some grumbling over pricing when it first launched. Consider the average price for new launches in District 10, back in May 2012: The average for the district was $1,636 psf. Now look at Stellar RV’s pricing at the same time: The median developer price was $2,039 psf. Granted, the small unit sizes meant a lower quantum (around $1.2 million) – but the diminishing shoebox trend, along with the notable price gap, already left some market watchers wondering if it had much room to appreciate. This led to a weak initial showing, with only 20 transactions on its launch weekend. In addition, Stellar RV has only small units. The absolute largest units at Stellar RV are 936 sq.ft., with most units being between 506 to 517 sq. ft. It’s clear that this development is aimed at landlords, who are disinclined to buy in such a weak rental market. ....
Possible revival of en bloc market in 2021 as developers look to replenish land banks: Analysts Toggle share menu Advertisement Advertisement Singapore General view of private and HDB properties in Singapore. (File photo: TODAY) 03 Feb 2021 12:30PM) Share this content Bookmark SINGAPORE: The muted collective sales market could see a revival in the second half of next year, as developers turn to the private residential scene to feed a growing appetite for land, according to property analysts. This comes as the property market has remained resilient in the face of the COVID-19 pandemic and consequent economic uncertainty, said analysts. Advertisement Just two en bloc deals totalling S$77.2 million have been inked so far this year, according to Mr Wong Xian Yang, an associate director of research at property firm Cushman & Wakefield. ....