The Crest relaunched with prices 5% to 10% lower
Prices now from S$980,000 to S$3m, say marketing agents
Singapore
DEVELOPERS of The Crest, a 99-year leasehold project in Prince Charles Crescent launched in June, have re-opened the showflat, tagging the units at prices said to be 5 to 10 per cent lower than earlier.
This follows sluggish sales since June. About 50 of the 469 units have been sold at a median price slightly above S$1,800, based on data on developers' sales from the Urban Redevelopment Authority (URA).
A one-bedder between 614 and 775 sq ft now starts at S$980,000, and a two-bedroom unit, at S$1.28 million, said marketing agents of the project. A standard three-bedder starts at…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Apple to invest US$250 million into expanding Ang Mo Kio campus
DFI puts its last 2 Singapore properties up for sale at S$48.5 million
High Court dismisses Chinese businessman’s claims against Huttons and agent in misrepresentation suit
Delfi Orchard up for collective sale at S$438 million guide price
US 30-year mortgage rate rises to a four-month high of 7.13%
US homebuilding retreats as housing recovery stalls