Real News‎ > ‎2013‎ > ‎April 2013‎ > ‎

22 April 2013

22nd April 2013, Monday




44 Novena Regency units snapped up

Source: The Straits Times

Buyers snapped up 44 residential and retail units at Novena Regency within a week of its launch last week.

The mixed development by Fragrance Realty - a subsidiary of the Fragrance Group - released 72 units on 13 April.

Its freehold tenure and city fringe location along Thomson Road are the most attractive features of the property, as it will sit on the current Novena Ville site.

The 45 shop units are priced from $7,000 per sq ft (psf), while the 55 residential units start at $2,300 psf.

Among the residential units, there are 43 apartments (one-, two- and three-bedroom units) and 12 penthouses (two-, three- and four-bedroom units).

The temporary occupation permit for Novena Regency is expected in August 2017.


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Twin Fountains 2.3 times subscribed

Source: Channelnewsasia

E-applications for the executive condominium (EC) project Twin Fountains in Woodlands have closed.

Close to 1,000 e-applications were received.

This translates to a subscription rate of approximately 2.3 times, based on the 418 residential units up for sale.

About 3 in 10 of e-applications received were from first-time home buyers.

The rest were second-time buyers.

CEO of Frasers Centrepoint Homes, Cheang Kok Kheong, said the strong response shows that there is indeed pent-up demand for EC homes in Woodlands, especially from upgraders.


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