{"id":4578,"date":"2016-02-22T04:08:17","date_gmt":"2016-02-21T20:08:17","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=4578"},"modified":"2022-07-01T04:00:22","modified_gmt":"2022-06-30T20:00:22","slug":"discounts-galore-by-developers-in-order-to-lure-new-buyers","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/","title":{"rendered":"Discounts galore by developers in order to lure new buyers"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2016\/02\/Fotolia_85484601_Subscription_Monthly_M-e1456110146462.jpg\" target=\"_blank\" rel=\"attachment wp-att-4579 noopener\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"aligncenter size-large wp-image-4579\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2016\/02\/Fotolia_85484601_Subscription_Monthly_M-1024x682.jpg\" alt=\"\" width=\"940\" height=\"626\" \/><\/a><\/p>\n<p><i><span style=\"font-weight: 400;\">Depressed demand has turned out to be good news for potential buyers as they are offered direct discounts by developers.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Attractive offers are being made to potential buyers as developers try to push forth their sales. Some of the attractive offers in the market include cash discounts. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Glades is offering a $38,000 discount for some units and an $8,000 discount for the rest, as per <a href=\"http:\/\/www.straitstimes.com\/business\/property\/new-private-home-sales-sluggish-but-experts-see-bright-spots\" target=\"_blank\" rel=\"noopener\">The Straits Times<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another 20 units at High Park Residences are being dangled at a discount of $23,888 for two-bedroom units and $33,888 for three- and four-bedders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Among the most attractive offer on the street is the 7% discount at the recently launched Kingsford Hillview Peak where prices have fallen from $1,381 per sq ft (psf) in Q4 2014 to $1,288 psf in Q4 2015. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the past too, developers have offered many discounts. However, this year will see more direct discounts due to last year&#8217;s regulations which clamped down on \u201csoft\u201d discounts, such as furniture vouchers and rebates reported Channel News Asia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More information can be found <\/span><a href=\"http:\/\/www.channelnewsasia.com\/news\/business\/singapore\/property-developers\/2471010.html\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Depressed demand has turned out to be good news for potential buyers as they are offered direct discounts by developers. Attractive offers are being made to potential buyers as developers try to push forth their sales. Some of the attractive offers in the market include cash discounts. The Glades is offering a $38,000 discount for&hellip;<\/p>\n","protected":false},"author":17,"featured_media":54173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,53602,53589,57131],"tags":[],"persona":[],"class_list":{"2":"type-post","11":"entry","12":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Discounts galore by developers in order to lure new buyers - 99.co<\/title>\n<meta name=\"description\" content=\"Depressed demand has turned out to be good news for potential buyers as they are offered direct discounts by developers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Discounts galore by developers in order to lure new buyers\" \/>\n<meta property=\"og:description\" content=\"Depressed demand has turned out to be good news for potential buyers as they are offered direct discounts by developers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-21T20:08:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T20:00:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/Fotolia_85484601_Subscription_Monthly_M-e1456110146462.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"950\" \/>\n\t<meta property=\"og:image:height\" content=\"633\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"99.co\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"99.co\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/\"},\"author\":{\"name\":\"99.co\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/0058658f1a1cdadf5f7d957b386c348b\"},\"headline\":\"Discounts galore by developers in order to lure new buyers\",\"datePublished\":\"2016-02-21T20:08:17+00:00\",\"dateModified\":\"2022-06-30T20:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/\"},\"wordCount\":176,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/discounts-galore-by-developers-in-order-to-lure-new-buyers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/Fotolia_85484601_Subscription_Monthly_M-e1456110146462.jpg\",\"articleSection\":[\"Condo\",\"Condo Stories &amp; 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