The developer of Riverbank @ Fernvale condominium, UOL, indicates that was open for booking since February 14. prospective buyers and investors have been viewing the property for a week now. UOL states its opening price to be about $1,000 psf. The units available are one-five- bedroom apartments which range from 495 sq ft to 1,389 sq ft. the floor cabana units will measure about 1,200 sq ft.
500 Cheques collected for Riverbank at Fernvale
Since it was opened for review, more than 500 cheques have been collected as indicated by the deputy general manager (marketing), Anthony Wong. The buyers created interest across all unit types. This was due to demand for HBD upgraders and the upcoming employment node.
Demand for homes is bound to increase also due to Seletar’s Aerospace Park redevelopment as Singapore’s aerospace hub. In addition, the planned Selectar mall and Sengkang General & Community Hospital will help increase demand once completed in 2014 and 2018 respectively.
Positive response for the Tokyo market
As tipped by many property investors, Japan is one of the property investment hotspots for 2014. This has attracted the Singapore property investors and buyers. OrangeTee a local real estate agency, was exhibiting Branz Azabu Mamiana-Cho. This is a 140 unit development from Grade 1 Japanese developer Tokyu Land Corporation which is located at the centre of Tokyo.
With a positive investor response, the reason for looking forward to Japanese property investments is due to the: