Kovan Residences preview sells 50

Kovan Residences preview sells 50
Average price is $870-900 psf; buyers mostly Singaporeans
 
MORE than 50 units have been sold at Kovan Residences since a private preview party last Saturday.
 
The average price at the 99-year leasehold condominium next to Kovan MRT Station is between $870 per square foot (psf) and $900 psf. And the units sold so [...]

Six bids logged for green building project

Six bids logged for green building project
But contractors sound caution with requests for longer warranty period
 
SINGAPORE’S first zero energy building (ZEB) project has attracted six bids for the main tender and interviews with four ’serious’ bidders will start next week, the Building and Construction Authority (BCA) said yesterday.
 
The tender to convert the BCA Academy into [...]

Britain falling into US-style slowdown

Britain falling into US-style slowdown
 
PARIS – A HOUSING market in shambles, inflation at the highest level in years and signs that the economy is headed for, or already in, a recession. Sounds familiar? No, it’s not the United States but Britain.
Indeed, it was the run in September last year on a British mortgage lender, [...]

Homebuyers, get ready for more property launches

Homebuyers, get ready for more property launches 
Developers will release projects to capitalise on recent healthy home sales
 
A STRING of new private residential projects is hitting the market as developers move quickly to capitalise on encouraging recent home sales.
In the Kovan area alone, two new projects – Kovan Residences and D’Pavilion – are [...]

Soaring rents pushing PRs to buy flats

Soaring rents pushing PRs to buy flats 
They account for 20% of resale-flat purchases, say agents
 
PERMANENT residents (PRs) are flocking to buy Housing Board resale flats as high rents start to make ownership a more attractive option.
Sales to PRs have rocketed in the past two years, say property agents, and the keen army of [...]