CanningHill Piers’ joint developers, CapitaLand Development and City Developments Ltd (CDL) , revealed today that 538 of the project’s 696 flats have been sold as of 6 p.m. today. With total sales of almost $1.18 billion, this takes the sales rate to 77 percent. The average selling price per square foot attained was roughly $3,000 per square foot.
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A tender for 22 plots across the two pieces of property concluded, after which a deal was struck. Thiam Siew Avenue, which is located between Haig Road and Tanjong Katong, is home to five bungalows and 10 pairs of semi-detached houses.
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Thiam Siew Residences is a new freehold condominium that is located at Thiam Siew Avenue in District 15 Singapore. Standing at 18 storey high, Thiam Siew Residences comprises of about 800 units with about 1 to 4 bedrooms. Sales hotline: 8500 8808
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The Ministry of National Development (MND) in Parliament on Tuesday noted that new Housing and Development Board (HDB) units and resale flats remain cheap since Singaporeans’ wages have typically kept pace with their costs over the last several years.
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According to the Urban Redevelopment Authority’s statistics, 7,169 of these purchasers purchased resale and new condos in the first three quarters of 2021, up more than 21% over the same time the previous year.
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