2020

The 99-year leasehold site has an area of 21,514.0 sq m and can yield up to 600 housing units.

The two-storey freehold property occupies a land area of 288.0 sq m (3,100 sq ft), and is expected to sell at $2,500 per sq ft.

As at 5pm on Monday, Bartley Beacon’s 144 five-room flats received over six first-time applicants each, while the 1,222 four-room flats at Bishan Ridges also received robust interest with close to five first-time applicants each.

ERA Realty’s estimated market share in the new homes segment climbed to 29.7% in the third quarter of 2020 from 29.5% over the same period last year.

115 out of its 120 residential units were sold, with an average selling price of $2,150 per sq ft (psf) to $2,200 psf.

The appointment-only viewing, in light of safe management measures, garnered more than favourable response at its first preview weekend as all appointment slots were fully taken up.

Of the 37 families living there, 30 have already found alternative housing, while the remaining seven are “considering renting another property in the interim”, noted the SLA.

The clampdown on the re-issue of options to purchase (OTP) by developers, as well as the lack of new launches could be reasons for the decline in new home sales, observed analysts.

The extension from 31 December to 31 March 2021 seeks to help residential, industrial and commercial property buyers affected by the pandemic.

Experts observe that the flats in Sembawang, Tampines and Tengah are expected to attract “fairly healthy applications”, though they would not be as hotly contested as those in Bishan and Toa Payoh (Bidadari).