This month has seen Singaporeanproperty developers lining up project previews and launches in order totest the uncertain market.

Early this month, Keppel Land released a new high-rise tow

erblock at its Reflections at Keppel Bay, offering a third of the 83units for sale in Singapore and Hong Kong. Prices begin at S$1,500 psfand about 10 apartments have been sold at an average of just overS$2,000 psf. Reflections, with a total of 1,129 units housed within sixhigh-rise tower blocks and 11 low-rise villa blocks, could cost aboutS$1.5 million for a two-bedroom apartment on a low floor.

Over the last weekend of August, Far East Organization invitedinterested buyers to its show unit for Miro, a freehold development inLincoln Road. The project is priced around S$1,700 psf with pricesbeginning at S$1.6 million for a single bedroom studio loft of 990 sqft. The 32-storey tower houses a total of 85 units and also offerstwo-bedroom units of 1,302 sq ft, as well as three-bedroom lofts sizedmore than 1,600 sq ft.

Meanwhile, a boutique project nearby Moulmein Road held a preview over the first weekend of the month.

Meanwhile, Mulberry Tree – to be completed end of 2011 – is offering32 freehold units with a ‘retro-style’ façade, with indicative pricesset at S$1,300 to S$1,500 psf. Prices begin at less than S$700,000 forthe smallest unit. Two-bedroom flats sized at about 710 sq ft each areexpected to fetch around S$900,000.

Tat Aik Group’s Nathan Residences, to be developed on the formerNathan Court in Nathan Road, have also begun its preview with pricesexpected to fall within the region of S$2,000 psf.

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Tags: Far East Organization , Keppel Land, Singaporean property developers, Tat Aik Group

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