Wednesday, February 2, 2011
Waterfront Isle units sold for about S$920 psf
Waterfront Isle units sold for about S$920 psf
By Jo-ann Huang | Posted: 01 February 2011 2209 hrs
SINGAPORE : Far East Organization's latest property, Waterfront Isle, sold 88 of its 132 units launched at a preview on Tuesday.
The units were sold at an average price of S$920 per square foot.
The 99-year leasehold development will be officially launched on February 5, with the company releasing another block of units from its entire stock of 561 units.
Far East did not disclose how many more units will be released for sale at the official launch.
However, prices will start from S$575,000 for a one-bedroom apartment at the Bedok Reservoir property.
Rooms range from one-bedroom units, starting from 581 square feet, to penthouse units with a maximum area of 2,863 square feet.
Far East is also offering furniture vouchers worth 5 per cent of the purchase price upon the property obtaining its temporary occupancy permit (TOP) in 2015.
The 15-storey Waterfront Isle is the last edition of the Waterfront Collection - a joint venture development between Frasers Centrepoint and Far East Organization.
The Waterfront Collection comprises four properties fronting Bedok Reservoir.
The three other Waterfront projects met with good response, with Waterfront Waves selling out completely, Waterfront Key selling over 85 per cent of its units and Waterfront Gold selling more than 75 per cent of its units.
Far East said 80 per cent of Waterfront Isle buyers are Singaporeans and permanent residents, half of which are living in Eastern suburbs like Bedok and Tampines.
Waterfront Isle is poised to ride on the proposed plan to transform Bedok Reservoir and the adjacent Bedok Town Park into a green living and leisure hub.
The Bedok Reservoir MRT station on the Downtown Line, which is slated to open by 2017, will be a short walking distance from Waterfront Isle.
- CNA/al
- wong chee tat :)
By Jo-ann Huang | Posted: 01 February 2011 2209 hrs
SINGAPORE : Far East Organization's latest property, Waterfront Isle, sold 88 of its 132 units launched at a preview on Tuesday.
The units were sold at an average price of S$920 per square foot.
The 99-year leasehold development will be officially launched on February 5, with the company releasing another block of units from its entire stock of 561 units.
Far East did not disclose how many more units will be released for sale at the official launch.
However, prices will start from S$575,000 for a one-bedroom apartment at the Bedok Reservoir property.
Rooms range from one-bedroom units, starting from 581 square feet, to penthouse units with a maximum area of 2,863 square feet.
Far East is also offering furniture vouchers worth 5 per cent of the purchase price upon the property obtaining its temporary occupancy permit (TOP) in 2015.
The 15-storey Waterfront Isle is the last edition of the Waterfront Collection - a joint venture development between Frasers Centrepoint and Far East Organization.
The Waterfront Collection comprises four properties fronting Bedok Reservoir.
The three other Waterfront projects met with good response, with Waterfront Waves selling out completely, Waterfront Key selling over 85 per cent of its units and Waterfront Gold selling more than 75 per cent of its units.
Far East said 80 per cent of Waterfront Isle buyers are Singaporeans and permanent residents, half of which are living in Eastern suburbs like Bedok and Tampines.
Waterfront Isle is poised to ride on the proposed plan to transform Bedok Reservoir and the adjacent Bedok Town Park into a green living and leisure hub.
The Bedok Reservoir MRT station on the Downtown Line, which is slated to open by 2017, will be a short walking distance from Waterfront Isle.
- CNA/al
- wong chee tat :)
Fresh food prices up at least 20%
Fresh food prices up at least 20%
By Evelyn Lam | Posted: 01 February 2011 2345 hrs
SINGAPORE : The surge in fresh food prices just before Lunar New Year is a common occurrence, but prices have gone up by at least 20 per cent across the board compared to the same period last year.
At a Chinatown wet market, one butcher said prices have risen because of a reduction in the supply of pork.
She said: "Very expensive, ridiculously expensive! Recently there were floods in Australia, so a lot of the supply didn't come to Singapore. And it turns out they are now competing with us for pork from Indonesia."
Fish saw the biggest price hike. One fishmonger said items like the red snappers cost as much as 40 per cent more this Lunar New Year.
She said: "Red snapper is the most expensive. But today, prices went down a little because many vendors didn't go to the wholesalers today. They said the fish was too expensive and customers weren't buying."
Another added: "Prices went up by a lot... 60 to 70 per cent more because of the strong wind! It's been raining every day in Singapore, and out at sea, it's even rougher!"
Heavy rains this week also kept shoppers away and some vendors are responding with lower prices to attract customers.
One vendor said: "Massive sale! Sell out and we're going home!"
Most are not following the yearly tradition of operating through the night till the morning of Lunar New Year's eve.
A fishmonger said: "How to sell all night? Everyone is staying at home because of the rain!"
However, shoppers are still feeling the pinch.
A lady customer said: "It's more expensive this year - about 20 per cent."
Another said: "I didn't count last year, but this year, S$50 went quickly!"
However, some vendors are quick to reassure customers.
One seller said: "Roast chicken S$15! ... There's a bit of a price increase, but it's normal for the New Year!"
Most vendors said they are confident they will be able to clear stocks and close early for the holidays because of the economic upturn.
- CNA/al
- wong chee tat :)
By Evelyn Lam | Posted: 01 February 2011 2345 hrs
SINGAPORE : The surge in fresh food prices just before Lunar New Year is a common occurrence, but prices have gone up by at least 20 per cent across the board compared to the same period last year.
At a Chinatown wet market, one butcher said prices have risen because of a reduction in the supply of pork.
She said: "Very expensive, ridiculously expensive! Recently there were floods in Australia, so a lot of the supply didn't come to Singapore. And it turns out they are now competing with us for pork from Indonesia."
Fish saw the biggest price hike. One fishmonger said items like the red snappers cost as much as 40 per cent more this Lunar New Year.
She said: "Red snapper is the most expensive. But today, prices went down a little because many vendors didn't go to the wholesalers today. They said the fish was too expensive and customers weren't buying."
Another added: "Prices went up by a lot... 60 to 70 per cent more because of the strong wind! It's been raining every day in Singapore, and out at sea, it's even rougher!"
Heavy rains this week also kept shoppers away and some vendors are responding with lower prices to attract customers.
One vendor said: "Massive sale! Sell out and we're going home!"
Most are not following the yearly tradition of operating through the night till the morning of Lunar New Year's eve.
A fishmonger said: "How to sell all night? Everyone is staying at home because of the rain!"
However, shoppers are still feeling the pinch.
A lady customer said: "It's more expensive this year - about 20 per cent."
Another said: "I didn't count last year, but this year, S$50 went quickly!"
However, some vendors are quick to reassure customers.
One seller said: "Roast chicken S$15! ... There's a bit of a price increase, but it's normal for the New Year!"
Most vendors said they are confident they will be able to clear stocks and close early for the holidays because of the economic upturn.
- CNA/al
- wong chee tat :)
Subscribe to:
Posts (Atom)