Property launches: Starlight at River Valley and Tree House in District Choa Chu Kang

Two new properties at opposite ends of the spectrum are being soft launched this month, one for investors and the other for families.

Starlight by Tiong Aik Group
Location: District 9, 11 River Valley Close
When: Soft launch on 14 April 2010
Tenure: Freehold
T.O.P.: March 2015
Type: 35-storey development; comprises mostly of 1-2 bedrooms, with penthouses offering 3-4 bedrooms.
Analyst’s forecast: 1, 1 + study units will very likely be snatched up by investors, as most developments nearby start from 2 bedrooms. These units are comparably more affordable, and can provide more competitive prices for rental and resale in the future.

Tree House by CDL & Hong Realty
Location: District 23, 60-68 Chestnut Avenue
When: Soft launch on 22 April 2010
Tenure: 99 years
T.O.P.: Dec 2014
Type: 4 blocks of 24-storey apartments, with a total of 429 units of 2 to 5 bedrooms.
Analyst’s forecast: More for home-stayers, with nice unblocked reservoir and greenery view. Has an impressive array of facilities, including an amphitheatre, skating rink, floating hammock and tree top walk. Prices start from $620,000 - $690,000 for a 2 bedroom unit.

Source credit: Keith Ng, Asia Property Group Pte. Ltd.
www.propertyshowrooms.sg

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