Archive | March 9, 2012

Landbanks ‘healthy’ despite strong sales

THE bumper supply ramp-up of new land sites has allowed developers to keep their landbanks stocked up in the face of roaring home sales. Most big-gun builders have thousands of units in their landbanks. A landbank comprises unsold units – including executive condominiums – from projects with planning approval and estimated units from sites that […]

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Construction firm KTC launches maiden project

CONSTRUCTION company KTC Group has made a foray into the property development business with its first project, Summer Scent, located at the junction of Hougang Avenue 2 and Upper Serangoon Road. The freehold project, developed by KDC (Kovan) Development, comprises 16 units, of which six have been sold. KDC Development’s director, Chua Lai Seng, is […]

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