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Only 20 of 1,042 units at Marina One Residence sold during the weekend, dampening Temasek's hope of making a killing from this joint development with Khazanah

PropertyGuru, 13 Oct 2014 Poor sales were recorded on the first day of launch for Marina One Residences with only 20 units sold last Saturday, according to media reports. This is a sharp turnaround from the strong build-up seen during the preview phase, which saw more than 300 units taken up since 3 October, many by bulk buyers. Singaporeans account for about 70 percent of buyers, while the rest
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Government-linked Capitaland's mega township project in Iskandar hits a snag

Reuters India, 23 Sep 2014 Amid growing anxiety over a glut of high-rise residences in Malaysia's Iskandar, a mega waterfront township project there appears to have hit a snag. The Business Times understands that CapitaLand, South-east Asia's largest real estate developer, recently sought a six-month extension on the launch of its 900-unit high rise condominium, which is the first phase of a S$
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