The Tembusu condominium project (pictured) in Kovan has received strong interest from buyers, with over 200 units sold as of yesterday, media reports said.

Developed by Wing Tai Holdings, the 337-unit development commenced sales yesterday, two weeks after the showflat was opened for VVIPs and those who had pre-registered earlier. The units are likely selling for S$1,400 to S$1,500 psf on average, sources said.

www.propertyguru.com.sg | 12 Aug 2013

Kensington Village, a joint venture company between Fragrance Group and World Class Land, has opened the sales gallery for Kensington Square (pictured), a new mixed development at the junction of Upper Paya Lebar Road and Jalan Lokam.

The freehold project comprises 141 residential units ranging from 431 sq ft to 1,227 sq ft and in one- to three-bedroom configurations, some of which offer the dual key feature. Prices could start from S$1,450 psf.

www.propertyguru.com.sg | 6 Aug 2013

A good class bungalow (GCB) at Chancery Lane is up for sale by tender with an indicative price tag of S$39 million. Built in the 1980s, the freehold property is located within the Bukit Tunggal GCB enclave.

With a land area of 23,932 sq ft, the property could fetch a psf price of S$1,630. The tender was launched today by marketing agent DTZ and is scheduled to close on 9 September.   Following the sale, the new owners are expected to redevelop the site. 

www.propertyguru.com.sg | 5 Aug 2013

An executive condominium (EC) site (pictured) at Yuan Ching Road/Tao Ching Road in Jurong has been awarded to a consortium comprising Evia Real Estate, BBR Development, CNH Investment and OKP Land, after it offered the top bid of S$272.83 million.

The 217,298 sq ft site received an overwhelming response with 16 bidders when its tender closed on 30 July, according to the housing board.

Meanwhile, two other EC sites whose tenders closed on the same day have also been awarded to their respective top bidders.

www.propertyguru.com.sg | 2 Aug 2013

An executive condominium (EC) site (pictured) at Yuan Ching Road/Tao Ching Road drew 16 bids at the close of its tender on Tuesday, according to the HDB. The 217,298 sq ft site with a maximum gross floor area (GFA) of 651,895 sq ft was among three EC sites offered on 99-year leases.

A consortium comprising Evia Real Estate, BBR Development, CNH Investment and OKP Land submitted the highest bid of S$272.83 million or S$419 per sq ft on the GFA.

www.propertyguru.com.sg | 31 July 2013

Data released by the housing board for Q2 2013 revealed that prices in the resale flat market are easing, according to a report from wealth management firm Religare. 

In Q2, the Resale Price Index (RPI) rose 0.5 percent to 206.6 compared to a growth of 1.3 percent in the previous quarter. Aside from it being the