Frasers Centrepoint Trust sells Changi City Point for $338 mil

Frasers Centrepoint Trust sells Changi City Point for $338 mil

Singapore-based real estate investment trust, Frasers Centrepoint Trust, has recently made a substantial sale by offloading its retail property, Changi City Point, for a staggering $338 million. This move highlights the trust’s strategic decision to streamline its portfolio, consequently generating additional capital for future investments. The transaction not only signifies attractive prospects for investors but also demonstrates resilience in the ever-evolving Singaporean real estate market.

Wing Tai sells 23% of LakeGarden Residences at an average price of $2,120 psf on launch weekend

Wing Tai sells 23% of LakeGarden Residences at an average price of $2,120 psf on launch weekend

Singapore-based real estate developer Wing Tai Holdings recently sold an impressive 23% of its LakeGarden Residences development during its launch weekend. The average price per square foot achieved was an impressive $2,120, highlighting strong demand for this prestigious residential project. These initial sales figures suggest a buoyant market and optimistic outlook for the development.

Altura EC sells 61% of units on launch day, hits a record high average price of $1,433 psf

Altura EC sells 61% of units on launch day, hits a record high average price of $1,433 psf

Altura EC has achieved unprecedented success, selling 61% of its units within a day of its launch. This remarkable achievement is complemented by an all-time high average price of $1,433 per square foot. The development’s popularity reflects the strong demand for premium residential properties in the market.

The Reserve Residences Sells 71% of Units at an Average of $2,460 PSF, May 2023 BTO Exercise Launches Tomorrow, and More

The Reserve Residences Sells 71% of Units at an Average of $2,460 PSF, May 2023 BTO Exercise Launches Tomorrow, and More

In a remarkable feat, The Reserve Residences has successfully sold 71% of its units, commanding an impressive average price of $2,460 per square foot. Meanwhile, prospective homeowners can anticipate the May 2023 BTO exercise launching tomorrow. Stay tuned for more updates on Singapore’s real estate landscape.

Terra Hill Sells 38% of Units During Launch, 30 Housing Projects Face Sales Deadline in 2023, and More

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Terra Hill, a prominent real estate developer, gained significant traction with the sale of 38% of its units during the project’s launch phase. However, this achievement is overshadowed by the looming deadline of 30 housing projects, set to hit the market by 2023. It is expected that the industry will witness fierce competition as developers race against time to meet sales targets. Stay tuned for further updates on the real estate market’s evolving landscape.

Tembusu Grand Sells 53% of Units on Launch Weekend, Blossoms By The Park Preview Attracts 4,000 People, and More

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Tembusu Grand, a new residential development, achieved a remarkable sales feat, selling 53% of its units during its launch weekend. Additionally, Blossoms By The Park garnered significant attention with a preview event attracting over 4,000 attendees. These successes indicate a flourishing real estate market and growing interest in luxurious living options.

Blossoms By The Park Sells over 70% Units, HDB Introduces HDB Flat Eligibility (HFE) Letter, and More

Blossoms By The Park has achieved a significant sales milestone, with over 70% of its units sold [[1](https://www.propertyguru.com.sg/property-management-news/2023/5/208665/blossoms-by-the-park-sells-over-70-of-units-hdb-introduces-home-flat-eligibility-hfe-letter-and-more)]. Notably, HDB has introduced the HDB Flat Eligibility (HFE) Letter, which assesses buyers’ eligibility for flat purchases, housing loans, and CPF Housing Grants at various stages [[1](https://www.propertyguru.com.sg/property-management-news/2023/5/208665/blossoms-by-the-park-sells-over-70-of-units-hdb-introduces-home-flat-eligibility-hfe-letter-and-more)]. Exciting developments in the housing market!

The Continuum Sells Over 26% of its Units, New Property Cooling Measures May Not Reduce Overall Property Prices, and More

The Continuum Sells Over 26% of its Units, New Property Cooling Measures May Not Reduce Overall Property Prices, and More

According to a research report, “The Continuum” has successfully sold over 26% of its units. The effectiveness of new property cooling measures in reducing overall property prices remains uncertain. Read more for detailed insights[[1](https://files.eric.ed.gov/fulltext/ED462791.pdf)].

The Reserve Residences Previews for $2,300 PSF, Rivière at Jiak Kim Sells Out, and More

The Reserve Residences Previews for $2,300 PSF, Rivière at Jiak Kim Sells Out, and More

Title: The Reserve Residences Previews for $2,300 PSF, Rivière at Jiak Kim Sells Out, and More

In a highly-anticipated preview, The Reserve Residences, an integrated project by Far East, impresses with its starting price of $2,300 PSF [[1](https://www.youtube.com/watch?v=u-dOAXjXXIw)]. Meanwhile, Rivière at Jiak Kim astounds as it sells out in record time. Stay updated on these and more exciting developments in the real estate market.