373 units Punggol Field Walk, Waterwoods EC
60 units Cairnhill Circle, Peak @Cairnhill II
42 units Lor 24 Geylang, Edenz Loft
146 units Yishun Ave 9, Nine Residences
36 units Luxus Hill Phase 6
22 units Lor N Telok Kurau, Berkeley Residences
21 units Lor M Telok Kurau, Palacio
Condo developers are downsizing units: report - Property Auctions News, Property Investment | PropertyGuru
http://www.propertyguru.com.sg/property-management-news/2014/4/37715/Condo%20developers%20are%20downsizing%20units:%20report?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-29Apr2014&utm_content=links Property developers are building smaller condo units as they compete to keep prices affordable amid tougher market conditions and the government's loan curbs, revealed a Knight Frank study reported in the media. “It appears that there is a reduction in the variety of size ranges since the implementation of the Total Debt Servicing Ratio (TDSR) framework,” said Alice Tan, Research Head at Knight Frank. For instance, five-bedders shrank the most with average sizes of the biggest units dropping from 2,035 sq ft to 1,569 sq ft, while the smallest units in this configuration shrank from 1,605 sq ft to 1,505 sq ft. The next most sizeable reduction was seen in two-bedders. The average size of the largest units decreased from 973 sq ft to 864 sq ft in a o...
Comments
Post a Comment