Tuesday, January 8, 2008

DBSS: Market Eats it Up and Asks for More!

Seems like the market is taking to the DBSS scheme. The turnout for the CityView@BoonKeng was incredible according to reports all over the internet. There were over 8000 visitors in just a few days and the prices for the units are up to $730k for the 40 storey units.

Heres a word of warning: while the market is lapping it all up and asking for seconds, this might only be seasonal as these might be enblocced citizens using their childrens name to buy a cheap home - resale a few years down the road might be difficult in a cold property market.

I can't say that Cityview@boonkeng is a bad location though. real close to the new mixed development at beach road.