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Investor confidence makes a comeback

Investor confidence makes a comeback

The sales of Singapore property projects launched so far in 2017 indicate a comeback of investor confidence. The Clement Canopy, which was the first to be launched this year recorded sales of about 200 of the 250 units during the weekend launch on Feb 25 to 26. The...
Park Place Residences aims for a home run

Park Place Residences aims for a home run

Park Place Residences is set to open for preview on March 11. The 429-unit condominium at Paya Lebar Quarter is the third to enter the market in 2017 after CEL Development and UOL Group’s launch. Its developer, Lendlease yesterday said that it has confidence...
43 units of Parc Riviera sold in a week by EL Development

43 units of Parc Riviera sold in a week by EL Development

Parc Riviera’s developer EL Development sold 43 of its units in a span of one week between Feb 14 and Feb 21. This made the West Coast Vale development to be a top-selling condominium of the week. The high sales could have been spurred by the sale of adjoining...
Sales of new private home may reach 9,000 units in 2017

Sales of new private home may reach 9,000 units in 2017

The year 2017 is set to record an increase in sales of new private homes. According to Edmund Tie & Co, the Singapore private residential market recorded a higher sales volume a sign the sector could have bottomed out last year. While citing the Urban...
Net profit for UOL reduces by 27%

Net profit for UOL reduces by 27%

UOL Group recorded reduced net profit by 27% to $287 million for the financial year ended 31 December 2016. This is in comparison to $391 million that was recorded in the previous financial year. The reduction was attributed investment properties valuation losses....
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