今天的英文报，价钱开始松动了。 Some developers have been reducing prices for theirprojects, encouraging sales in the process. Ardmore Three in Ardmore Park has sold about 20 unitssince relaunching last month at effective prices of about $2,600 to $2,700 persq ft (psf) - after factoring in a 15 per cent cash rebate. This is belowearlier launch prices of $3,400 to $3,500 psf. Sales are decent consideringmost units at the project go for about $5 million. The 84-unit project, completed in the fourth quarter of2014, has about half a year more to sell all units before incurring QualifyingCertificate (QC) extension charges. It had moved just four units before lastmonth, according to caveats. In the current market, it seems that prices of $2,600 to$2,700 psf are considered palatable for freehold homes in the prime ArdmorePark area - while for 99-year leaseholds in Orchard, buyers will bite at $2,300to $2,400 psf, as seen in the successful launch of Cairnhill Nine. Highline Residences in Kim Tian Road was relaunched thispast weekend, selling about 20 units. These were priced at about $1,850 psf,slightly lower than average prices of about $1,900 psf when it was launched inSeptember 2014. There was also an early-bird discount of several thousanddollars. The 500-unit project has sold more than 200 units to date. A bulk sale of 20 units was recently struck at StarlightSuites in River Valley Close. Pricing is said to be about $1,500 psf, comparedwith $2,050 psf at its launch. Excluding the deal, the 105-unit project has moved 72units, according to caveats. It has till about the end of this month before itwill start incurring QC extension fees, The Straits Times understands. More sales activity is expected this weekend, with thenew launch of Stars at Kovan and a long weekend in Indonesia.
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