Sales on the 275-unit development in one-north started on Saturday. As of 6pm, more than 70 per cent of the units were sold, at an average price of S$2,423 per square foot.
Singaporeans buying their second residential property will pay an ABSD of 20 per cent, up from 17 per cent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 per cent, up from 25 per cent. Huttons Asia’s CEO Mark Yip said Blossoms By The Park was the best-selling Rest of Central Region project in 2023 so far, based on percentage.
Mr Lim Yew Soon, managing director of EL Development, said they were “heartened” by the response and added that the large majority of buyers were Singaporeans.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First condominium launch after new cooling measures sees 70% salesBlossoms By The Park is the first condominium to be launched after the increased additional buyer’s stamp duties came into effect on Thursday (Apr 27).
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
First condominium launch after new cooling measures sees 70% salesSINGAPORE — More than 70 per cent of Blossoms By The Park condominium units were sold on Saturday (April 29), the first launch after new cooling measures came into effect earlier this week.
Source: TODAYonline - 🏆 1. / 99 Read more »
Singapore rolls out saliva test kit in the war against drugs - Singapore NewsThese kits, like the one I am holding here, they are light and compact. They offer a more efficient way to detect drug abusers at the Checkpoints,” explained Associate Prof Muhammad Faishal Ibrahim
Source: IndependentSG - 🏆 9. / 63 Read more »
'Not a black-and-white' matter: Mufti of Singapore sets out detailed views on LGBT issuesSINGAPORE — The Mufti of Singapore, who oversees religious rulings for Muslims in the country, has for the first time set out publicly detailed views on lesbian, gay, bisexual and transgender (LGBT) issues.
Source: TODAYonline - 🏆 1. / 99 Read more »
Growth in housing rents should ease in coming quarters: MASRental pressures are expected to ease as housing supply picks up, with close to 40,000 private and public homes to be completed in 2023 (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - According to the Monetary Authority of Singapore, rental pressures in the private and public housing markets in Singapore should ease this year, following a period of “exceptional demand-supply imbalance” caused by Covid-19 disruptions which underpinned a surge in rents for the past two years.
Source: YahooSG - 🏆 3. / 71 Read more »
Singapore’s Loh Kean Yew through to Badminton Asia Championships finalSINGAPORE: Singapore’s Loh Kean Yew is through to the final of the Badminton Asia Championships after beating China’s Lu Guang Zu in straight sets on Saturday (Apr 29). Both players traded points evenly in the first set, before two consecutive points at the crunch gave Loh the first set 21-19.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »