The one day sales preview of Pasir Ris 8 saw buyers making up mainly of Singaporeans and PRs snapping up nearly 80% of the residential units in this highly sought after rare fully integrated condominium development with commercial retail mall, polyclinic situated directly below plus the ultimate convenience of being integrated with MRT station and Bus Interchange at your doorstep. Buyers saw prices above $2,000 psf for the 2 bedder units at Pasir Ris 8.
Pasir Ris 8 sits on a precious OCR white site next to Pasir Ris MRT Station successfully clinched by a joint venture between Allgreen Properties and Kerry Properties (part of the Kuok Group of Companies controlled by Malaysian tycoon Robert Kuok) at nearly $700 million working out to $684.48 per square foot per plot ratio (psf ppr) based on the total gross floor area of 1.02 million sq ft on 14 Dec 2018.
Allgreen Properties and Kerry Properties may have also realised the value of Pasir Ris 8 as a fully integrated developments in Singapore especially one that comprise of managed commercial shopping mall and residential development integrated with a bus interchange, a polyclinic and town plaza offering seamless connection to public transport services and amenities for residents. Such developments are considered rare and are in high demand by buyers who work from home & desire convenience.