This week in property: Highlights from July 9 to July 13

By EdgeProp Singapore / EdgeProp | July 13, 2018 6:44 PM SGT
Property highlights of the week from July 9 to July 13:
YTL Singapore has previewed its luxury project 3 Orchard By-the-Park despite the new cooling measures
In the wake of the recent property cooling measures by the government, some developers who had planned previews in the coming weekends have chosen to defer them.
Word on the street is that City Developments Ltd (CDL), which was expected to preview its luxury project South Beach Residences on July 13, has chosen to postpone the event. The 190-unit, 99-year leasehold luxury development sits on top of the JW Marriott Singapore and is part of the South Beach integrated development.
However, CDL has held firm to prices at the 124-unit New Futura at Leonie Hill Road in prime District 9. The freehold project was launched in January and is substantially sold, with many of the recent units sold at prices above $3,500 psf
In contrast, YTL Singapore has previewed its luxury project 3 Orchard By-the-Park. The 77-unit luxury condo on Orchard Boulevard is priced from $3,490 psf.
M+S has also proceeded with the launch of the new Garden Tower at Marina One Residences. The project was launched on July 5, the same evening the property cooling measures were announced.
173 to 183 Haig Road is up for collective sale (Credit: Century 21)
The 999-year leasehold Haig Road Flats, located in a private residential estate in District 15, is up for collective sale at an indicative market price of between $51 million and $52 million ($1,323 to $1,361 psf per plot ratio (ppr)). According...