{"id":40543,"date":"2017-01-13T11:28:07","date_gmt":"2017-01-13T04:28:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-developers-dangling-carrots-to-move-units\/"},"modified":"2017-01-13T11:40:24","modified_gmt":"2017-01-13T04:40:24","slug":"more-developers-dangling-carrots-to-move-units","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-developers-dangling-carrots-to-move-units\/","title":{"rendered":"More developers dangling carrots to move units"},"content":{"rendered":"


\nSome of the incentives offered include significant discounts on the prices of completed units.
\nMore condo developers are offering incentives, such as deferred payment schemes to lure home buyers, following its success in moving units last year, reported The Straits Times.
\nAmong the latest projects to offer such marketing schemes include TG Development\u2019s The Peak@Cairnhill II, Wheelock Properties\u2019 Ardmore Three and CapitaLand\u2019s Sky Habitat.
\nAlso offering incentives are two projects marketed by ERA Realty Network. One Balmoral is offering a 13 percent discount on prices of all units, while Corals at Keppel Bay is dangling a $50,000 discount on prices of selected units.
\nLast year, OUE\u2019s creative marketing schemes, which included deferred payments for its Twin Peaks project, received good response, prompting other developers to follow suit. In fact, CapitaLand\u2019s own version of the scheme, called the stay-then-pay programme at The Interlace and d\u2019Leedon, was also \u201cwell-received\u201d.
\nBut while more completed projects are likely to offer innovative sales schemes, analysts do not expect this to affect demand for newly launched condos.
\nThis is because completed projects account for \u201ca very small percentage of the primary sales market\u201d, explained Eugene Lim, Key Executive Officer at ERA Realty.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…More developers dangling carrots to move units<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some of the incentives offered include significant discounts on the prices of completed units. More...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-40543","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-axV","jetpack-related-posts":[{"id":40549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-developers-have-their-creative-marketing-hats-on\/","url_meta":{"origin":40543,"position":0},"title":"Singapore developers have their creative marketing hats on","date":"January 13, 2017","format":false,"excerpt":"\r It\u2019s no longer a case of \u2018if you build, they will come\u2019 A struggling market, but we still love it. Image: Feylite\/Shutterstock. We\u2019ve heard it all now, free breakfasts, drone deliveries and special pizza lifts. Developers the world over are on a mission to keep the edge over their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-january-2017\/","url_meta":{"origin":40543,"position":1},"title":"News Roundup (January 2017)","date":"January 25, 2017","format":false,"excerpt":"\r \u00a0 Our top Singapore property stories. Credit Suisse: Time is ripe to ease property cooling measures Credit Suisse believes that the time is ripe for an easing of some of the property cooling measures, given that several of its objectives have been met. Speculative activities, for instance, have significantly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/01\/One-Tree-Hill-Garden-1024x683.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":41546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-expect-more-bulk-sales-this-year\/","url_meta":{"origin":40543,"position":2},"title":"Analysts expect more bulk sales this year","date":"January 23, 2017","format":false,"excerpt":"\r Property analysts expect to see more bulk sales deals as developers race to move unsold units to avoid paying the additional buyers\u2019 stamp duty (ABSD) charges and Qualifying Certificate (QC) extension charges this year, reported Today Online. In fact, developers have been sweetening the deals for prospective home buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-you-get-deferred-payment-scheme-for-your-new-home\/","url_meta":{"origin":40543,"position":3},"title":"Can You Get Deferred Payment Scheme For Your New Home?","date":"May 7, 2019","format":false,"excerpt":"\r With property cooling measures such as the Additional Buyer\u2019s Stamp Duty (ABSD), developers have implemented several different methods to improve sales. One method is the Deferred Payment Scheme (DPS). The Ministry of National Development has called on property buyers to \u201cexercise due diligence and prudence\u201d before committing to acquire\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109844,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-offer-fatter-commissions-for-less-ideal-units\/","url_meta":{"origin":40543,"position":4},"title":"Developers offer fatter commissions for less ideal units","date":"August 13, 2019","format":false,"excerpt":"\r In a bid to move harder to sell units, such as those with less attractive facing or ground-floor units, some developers incentivise property agents by offering higher commissions.\u00a0 Developers may also give out incentives or a cash bonus once the choice units are sold, reported The Business Times. \u201cIt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investing-for-singles\/","url_meta":{"origin":40543,"position":5},"title":"Investing for singles","date":"May 26, 2017","format":false,"excerpt":"\r For the fourth consecutive year, Singapore is the world\u2019s most expensive city, outranking Hong Kong and Zurich which came in second and third respectively. The Economist Intelligence Unit\u2019s cost-of-living survey has consistently ranked Singapore as the world\u2019s most expensive city. Although housing can be rather pricey, it\u2019s still possible\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40543"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=40543"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40543\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}