Singapore Property | With the outbreak of the coronavirus, developers are now canceling the showcasing of their projects. This recent event was based on the directive given by the Controller of Housing to close all show galleries for residential projects beginning from 7 April 2020.
Head of Research (South-east Asia) at CBRE, Desmond Sim, also stated that developers with existing showflats can still preview their projects to prospective buyers with the use of technology. Such technology could be a virtual showflat tour. It was reviewed that developers are now closing their showflat since April 7. A developer named Chip Eng Seng also closed the showflat for its 378 unit project, Kopar at Newton. The preview for this project commenced on the 25th of March while following social distancing guidelines at that time.
Another developer named, Keppel Land, also temporarily closed its showflats for 19 Nassim for a month until 4 May. Private previews were previously conducted for the project from 20 to 22 March but have been discontinued due to the outbreak.
More on Developer Showflat Galleries Suspended
The Landmark developed by MCC Singapore, ZACD Group, and SSLE Development, Perennial Real Estate Holdings, and The Forett at Bukit Timah were to be unveil in April has also being postponed to a later date.
“Forett at Bukit Timah will be introduced to the public when there is well-assured information on the situation. Our group is committed to protecting the well-being of our viewers and visitors,” said Deputy General Manager for Qingjian, Yen Chong. Qingjian’s Jadescape showflat will also be closed.
Some developers also decided to delay the launch of their projects before the announcement.
“Some launches were postponed due to constraints, this was as a result of lateness in the arrival of showflat interior design materials, in which some are imported,” added HOR of ERA Realty, Nicholas Mak.
The Cairnhill 16 project developers and co-developers (Ocean Sky and Tiong Seng) also planned to unveil their projects in April but were postponed due to the outbreak.