KAP Residences, 142 units at King Albert Park
7 units at Lorong 7 Geylang
28 RC Suites, 45 units at Race Course Lane
Bentley Residences, 48 units at Kovan Rd
Spazio @ Kovan, 48 units at Upp Serangoon Rd
J Gateway, 738 units at Gateway Drive
Jazz Residences, 8 units at Lim Ah Pin Rd
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