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Real Estate Realities by Ku Swee Yong

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14.

Mixed developments, mixed results

 

10 November 2013, Lianhe Zaobao

Mixed developments have generally sold very well in the past two years for various reasons. The best known mixed developments are condominiums that come with a retail component, such as People’s Park Complex, Peace Centre-Peace Mansions, Lucky Plaza, Bukit Timah Plaza-Sherwood Towers. Newer ones include Icon, The Sail, One North Residences and The Rochester.

But the range of mixed developments may include any combination of property types: office with retail, office with hotel, office with retail and residential, medical suites with retail, residential with hotel and industrial with retail. The heavy restrictions placed on residential properties from 2010, such as Seller ...

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