Based on analysis of GLS data, nine private non-landed residential developments and two EC could be launched by developers for sale in 2H2016 if the current buying momentum continues. Three developments are in the city fringe, with the remainder in OCR. Prospective buyers might wish to look out for some projects, as the developers paid a lower price for their sites than nearby projects, which may translate into a competitive selling price. EL Development is expected to launch Parc Riviera in West Coast Vale in Aug. Another upcoming launch will be Tang Group’s development at Alexandra View beside the Redhill MRT station. Over in Tampines, MCC Land could potentially launch The Alps Residences this year. Separately, two ECs Treasure Crest in Sengkang and Northwave in Woodlands could be launched at attractive prices. One of the highly anticipated new launches would be the Siglap Road site by the Frasers Centrepoint consortium.... Continue Reading