Even with the recent restriction of re-issuance of OTP by URA, new home sales continue to soar with 1,329 new home sold in September and Forett at Bukit Timah ranking no. 9 in the chart given the fact that it has launched since August but units are still selling weekly. Most buyers in fact do not require the re-issuance of OTPs since majority of them have sold their house. The healthy sales is due to the fact that upcoming new launch at The Linq is likely to be priced at $2000psf and Forett at Bukit Timah is still having units with attractive psf from $1900psf onwards and with its massive landscape and comprehensive full condominium facilities, it is definitely suitable for rental investment or own stay purchase. With the future integrated transport hub and rail corridor, this is a rare freehold brand new condo to live in.
Source: The Business Times
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