Published October 12, 2006

More mid-size, high-end condos coming

UP to 20 new property launches are expected in the next couple of months, and Savills Singapore says they will be mid-size and high-end developments.

St Patrick's Loft: Just 37 units but comes with swimming pool, gym and playground

Savills director of marketing and business development Ku Swee Yong says the take-up rate has been 'relatively strong for all developments launched recently'.

Still, the ones that sell are those with a lifestyle element. 'Home buyers who do not restrict themselves to a certain district have a wide choice of developments,' says Mr Ku. 'For these people, the decision to buy will depend on the interior furnishings, the facilities and the price package relative to other projects in the vicinity.'

Savills is marketing St Patrick's Loft by Roxy Homes on the East Coast at an average of $650 psf. Although it is a mid-size project with just 37 units, the development still comes with a swimming pool, gym and children's playground. Designed by Tab Architects, prices range from $627,000 for a two-bedroom unit to about $1.4 million for a four-bedroom two-storey duplex.

Closer to town, CB Richard Ellis (CBRE) is marketing the 49-unit Buckley 18 by Hong Leong Group subsidiary Hong Realty at an average price of $1,300 psf.

The lifestyle element is also emphasised here, with roof terraces for four-bedroom loft units. Designer finishes include Hansgrohe shower and body jet and Miele kitchen appliances. A private lift looby is also built into each unit.

Joseph Tan, director of residential services at CBRE, says: 'In keeping with its tranquil surroundings, Buckley 18's architecture is rooted in lush greenery with pockets of open space.'