Wednesday, March 28, 2012

Investors snap up Paya Lebar Square units

Straits Times: Wed, Mar 28
MANY investors here are determined to put their cash into bricks and mortar, no matter what obstacles are thrown up in their path.


In the wake of a round of tough government measures designed to dampen demand for residential property, they have turned instead to commercial property.


The latest example of this reflex to stick with property is Paya Lebar Square - with 556 strata-titled office units next to Paya Lebar MRT station.


Investors have bought 55 per cent of the more than 400 units sold there since they went on sale late last December. Prices range from $1,550 per sq ft (psf) to $1,980 psf - a benchmark for the area...

To find out more, kindly join us at Real Estate Digest

Team Marshe
Martin Koh/ Sherry Tang
9383-3992/ 9844-4400
www.marshe.net
www.malaysia-properties.webs.com

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