Undeterred in the surprise new Coverages Executed on Wednesday (17 October), City Developments (City Dev) and Oxley both Surfaced Their New properties Inside the weekend, Whistler Grand at West Coast Vale and Kent Ridge Hill Residences at Pasir Panjang (ex-Vista Park) respectively.
Both projects give smart homes, with Google Assistant devices included at Whistler Grand. Both projects offer magnificent views, namely Pandan Reservoir and Bukit Timah Nature Reservoir at Whistler Grand while Kent Ridge Hill Residences supplies hillside homes with instant entry to Kent Ridge Park.
The official launch date for the 2 tasks is 3 November 2018. The indicative average prices are S$1,380psf for Whistler Grand (vs Twin Vew’s average transacted prices of S$1,385psf which has been set in May 2018) and S$1,700psf for Kent Ridge Hill (vs S$1,759psf and S$1,839psf average transacted prices for HarbourView Gardens and The Verandah Residences respectively). We are aware that Kent Ridge Hill Residences will offer added early bird discounts on the day of its official launch. The indicative pricing suggests that developers are cautious in their costs given that the current setting place the heating measures. This could potentially affect prospective pricing strategy for upcoming projects.
All eyes will be on earnings amount when these tasks are officially established in two weeks to appraise the market view post cooling measures. Upcoming important sticks to be on the lookout for include Woodleigh Residences out of SPH and Kajima (667 parts, trailer on 27 October), and Parc Esta (1,399 parts ).