{"id":42349,"date":"2017-01-31T10:34:44","date_gmt":"2017-01-31T03:34:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-project-launches-set-to-boost-home-sales\/"},"modified":"2017-01-31T10:41:23","modified_gmt":"2017-01-31T03:41:23","slug":"four-project-launches-set-to-boost-home-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-project-launches-set-to-boost-home-sales\/","title":{"rendered":"Four project launches set to boost home sales"},"content":{"rendered":"


\nArtist\u2019s impression of Park Place Residences at Paya Lebar Quarter.
\nNew private home sales are expected to get a boost with four project launches expected by April, reported the Straits Times.
\nThese are Clement Canopy in Clementi by Singland Homes and UOL Group; Park Place Residences at Paya Lebar Quarter by Lendlease; Grandeur Park Residences in Tanah Merah by CEL Development, a unit of Chip Eng Seng Corporation; and Seaside Residences in Siglap by Frasers Centrepoint Singapore.
\nThis comes as developers sold just 367 new units in December, when only 90 new units were launched. On an annual basis, however, new home sales increased by seven percent from 7,440 units in 2015 to 7,972 units last year.
\nThis year, Knight Frank expects developers to sell about 8,000 to 9,000 units amid \u201cgradually returning interest\u201d from local and foreign buyers.
\n\u201cWith more people believing that the market is now close to the bottom of the down cycle, interest in new launches will likely be sustained,\u201d said Christine Li, Research Director at Cushman & Wakefield.
\nAnalysts noted that pent-up demand for homes remains resilient despite the property cooling measures and weaker economic outlook.
\nNonetheless, home buyers are expected to remain price-sensitive and selective, opting for competitively priced and well-located projects.
\n\u201cThey will transact only when they perceive a good deal\u2026 However, a rapid rise in interest rates would impact market sentiment, which may cause demand to retreat,\u201d said Wong Xian Yang, Head of Research and Consultancy at OrangeTee.
\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…Four project launches set to boost home sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. New private home sales are...<\/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-42349","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-b13","jetpack-related-posts":[{"id":47409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/park-place-residences-to-open-showflat\/","url_meta":{"origin":42349,"position":0},"title":"Park Place Residences to open showflat","date":"March 10, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. Source: Lendlease Australian property developer Lendlease plans to launch the Park Place Residences condominium at Paya Lebar Quarter (PLQ) on 25 March. It also announced unit prices at the 99-year leasehold project: the 117 one-bedroom apartments will be priced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/50-of-park-place-residences-sold-on-launch-day\/","url_meta":{"origin":42349,"position":1},"title":"50% of Park Place Residences sold on launch day","date":"March 27, 2017","format":false,"excerpt":"\r Overwhelming response seen at the one day launch of Park Place Residences last Saturday. (Photo: Lendlease) Australia-based developer Lendlease sold 215 (50 percent) of the 429 available units at Park Place Residences in Paya Lebar Quarter (PLQ) during the first day of launch last Saturday (25 March). This represented\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phase-2-of-park-place-residences-to-launch-at-higher-prices\/","url_meta":{"origin":42349,"position":2},"title":"Phase 2 of Park Place Residences to launch at higher prices","date":"March 12, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Paya Lebar Quarter. Source: Lendlease Lendlease is set to launch Phase 2 of the 429-unit Park Place Residences at mixed-use Paya Lebar Quarter on 7 April amid a property market upturn.\u00a0 At a media briefing on Monday (12 Mar), the Australian-based developer revealed that the final\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-sales-surge-68-to-1325-units-in-april\/","url_meta":{"origin":42349,"position":3},"title":"Developer sales surge 68% to 1,325 units in April","date":"May 15, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Rivercove Residences EC in Sengkang. Sales of new private homes, including executive condominiums (ECs), rose 68.1 percent in April to 1,325 units from 788 in the previous month, according to latest figures from the Urban Redevelopment Authority. Excluding ECs, developers sold 729 private units last month,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46819,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-to-launch-park-place-residences-in-end-march\/","url_meta":{"origin":42349,"position":4},"title":"Lendlease to launch Park Place Residences in end March","date":"March 6, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. Source: Lendlease Lendlease is set to launch Park Place Residences at Paya Lebar Quarter (PLQ) on 31 March, marking its maiden foray into residential development in Singapore. \u201cWe are excited to be entering Singapore\u2019s residential property market with Park\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lendlease-unveils-plans-for-3-2-billion-paya-lebar-quarter\/","url_meta":{"origin":42349,"position":5},"title":"Lendlease unveils plans for $3.2 billion Paya Lebar Quarter","date":"October 17, 2016","format":false,"excerpt":"\r The 3.9ha Paya Lebar Quarter site will comprise Grade-A offices, a shopping mall and residential apartments. Source: Lendlease Australian property developer Lendlease has unveiled plans for its $3.2 billion Paya Lebar Quarter urban regeneration project, which is expected to transform the area around Paya Lebar Central into a regional\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\/42349"}],"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=42349"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=42349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=42349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=42349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}