Looking at the near future aspect, at least 2 developments that are a mix of commercial and residential would be close to the Woodleigh MRT station.
Some of the projects coming up in MCC Land’s pipeline includes a 10 Tampines Avenue private condo site that will be launching during 2016’s 3rd Quarter.
One Sengkang Mall Anchorvale Crescent EC
MCC Land, due to their close link with Hao Yuan Investment, will be providing some of the Chinese developer’s overseas projects with project management near Sengkang General and Community Hospital and Sengkang Sports and Recreation Centre, including their current Danga Bay mixed use project and a 12 Woodland Avenue executive condo project that is upcoming and set to launch in April or May of 2016 for Anchorvale EC by Sim Lian.
Another project that MCC Land will be managing is HY Realty’s private condo project at Dundee Road. Which looks likely to launch in 2016’s 3rd Quarter. HY Realty shares Hao Yuan Investment’s shareholders. The construction of both the Dundee and Woodlands projects will be undertaken by Chin Jingye.
Kopitiam Square Anchorvale Sim Lian EC
Although developers managed a 2.9% increase in private home sales in 2015, the ERA Realty Network , a market analyst, expects the flats sales performance across the private and EC (public-private housing hybrid) housing segments. ERA Key executive officer, Eugene Lim, forecast of flat sales for the year comes at a time when developers sold 2, 562 executive condo (EC) in 2015, up from 1, 578 in 2014.
Mr. Lim forecast is subject to unchanging cooling measures for condos near One Sengkang Mall and Kopitiam Square. If unchanged, Lim predicts about 7, 500 private homes and 2, 600 EC units will be traded in 2016. However, if cooling measures were lifted or tweaked, then Lim expects much higher sales.
Anchorvale Sim Lian EC Cheng Lim LRT
Developers are cautious of the volatile market, but none has sent instructions to the ERA signaling delay in launch schedules for projects including Waterway Point line up for release several months after the Chinese New Year. However, developers are cautious of the volatile stock market, and their pricing on new units this year will reflect this. Wandervale, located in Choa Chu Kang, and Visionaire in Sembawang, are some of the projects the ERA like Sengkang MRT is set to market this year in Anchorvale EC.
Another consultant further testified to the cautious approach adopted by developers. The consultant pointed out that although developers are likely to launch projects, they are still looking out for opportunities to their launches or relaunches.