Westwood Residences Land Tenure

Due to their tenure of land, freehold Westwood Residences are generally more attractive to customers in the open resale market as versus the lease hold homes. The Myst CDL Even now, the comparatively higher asking price levels of these freehold properties would likely have resulted in a growth inside the quantity being set up for auction in recent quarters,” Lee explained. As for total sales, the number of properties successfully auctioned off increased to 10 through the third quarter from nine in the previous period.

Westwood Residences

Land Tenure of Westwood Residences EC

Significantly, Westwood Residences are already hardest struck because of the government’s various property cooling measures, together with prices dropping for six continuous quarters. Inside the 3rd quarter of 2014, luxury Westwood Residences purchase prices fell 0.9 % quarter-on-quarter, following a 1.5 percent drop in Q2 This year. Meanwhile, only one condo had been sold in Sentosa Cove in H1 2014, further displaying a defieicency of revenue in the high-end property segment.

Associated with this, there are Westwood Residences. The comparatively much higher total quantum relating to landed properties, coupled together with the execution of the Total

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