Developer of Potong Pasir's Myra Condo bucks trend by cutting prices for certain smaller units

DESPITE rising private home prices, a freehold project in Potong Pasir hasn't got onto the bandwagon but instead, is giving discounts to buyers of certain units.

Going against the tide, the developer of Myra Condo is lopping S$80,000 and S$70,000 off the listed prices of its Type A1 one-bedroom and Type B4 two-bedroom units, respectively.

After the price cuts, Myra's 474 square feet (sq ft) one-bedroom apartments will be sold at a median price of S$1.41 million, according to a flyer seen by The Business Times.