With more launches expected later this month - including Urban Vista next to Tanah Merah MRT Station, Bartley Ridge and Kingsford.Hillview Peak - developers can be expected to post strong housing sales for March, analysts say.
Urban Vista in Tanah Merah could go on the market as early as next week, if developers World Class Land and Fragrance Group secure all regulatory approvals. Market watchers expect the 582-unit condo to be priced around $1,300-1,400 psf on average.
Expectations are also running high that Hong Leong Group could roll out Bartley Ridge - an 868-unit condo near Bartley MRT Station - by month-end. Analysts reckon that the average price could be around $1,300 psf.
Also targeted for release around month-end is a condo of about 500 units named Kingsford.Hillview Peak, next to The Hillier.
Developers sold 2,013 private homes (excluding executive condos) in January.
Source: Business Times –6 March 2013
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