Sing Holdings

Sing Holdings: Shares may see interest ahead of the launch of its Waterwoods EC project. Potential buyers can begin registering their interest in the upcoming Waterwoods project at Punggol from 27 Sep – 6 Oct. Industry players expect firm demand for the project, which is being developed by Sing Holdings. Due to recent property rule changes, Waterwoods will be the second last EC project to be launched for sale this year, and no new ECs will be launched for the first eight months of next yr, which could lead to pent up demand for ECs. Sing Holdings also intends to generate interest by upping the luxe factor of the project. The developer will offer private lift lobbies for larger units – a feature more commonly associated with upscale apts. The project will also be the first to include maisonettes in the EC segment. Sing Holdings has yet to price the units. Based on recent transacted prices at EC projects around the area, like Ecopolitan and Lush Acres, property agents estimate the selling price could range btwn $780 and $880 psf.