Saturday, April 20, 2013

4 key themes to CapitaLand's residential outlook

Singapore Business Review
RESIDENTIAL PROPERTY | Staff Reporter, Singapore
Published: 12 Apr 13
Find out what will drive home sales.

CapitaLand revealed in a publicly released presentation that its residential outlook and pipeline will be influenced by four key themes.

First, it plans to continue using incentive schemes to stimulate sales, as seen in how it boosted sales momentum in the past year despite new property cooling measures.

Second, CapitaLand is pushing out a "healthy pipeline" with projects in sought-after locations consisting of around 2,800 units with a combined gross floor area of 4.1 milion sq ft.

Thid, it is banking on the release of new phases and imminent launches among its five projects, namely: The Interlace (292 units), d’Leedon (542), Sky Habitat (359), Marine Point (New) (~120), and Bishan St 14 (New) (~700).

Lastly, CapitaLand said it will continue to replenish its landbank through participation in Goverment Land Sales tenders and private sales.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C

Senior Sales Director
DTZ Property Network Pte Ltd (L3007960A)

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