Buyers have to make appointments to view The Landmark sales gallery due to Covid safety measures
The property market continues to draw interest amid the pandemic, with over 90 per cent of 120 units released for The Landmark condominium snapped up on its launch weekend. Sales bookings for The Landmark were conducted through a virtual event across five locations. The development is expected to obtain Temporary Occupation Permit in March 2025.
About 110 units were sold as of Sunday, representing some 30 per cent of the total number of units at the 99-year leasehold project in Chin Swee Road. The Landmark will also feature five decks of lifestyle facilities at various heights, and three levels of basement car park.
The units went for at an average price of $2,250 per sq ft (psf). About half of them are one-bedroom units with a starting price of $1,955 psf - most buyers were Singapore citizens and permanent residents.
About 110 units were sold as of Sunday, representing some 30 per cent of the total number of units at the 99-year leasehold project in Chin Swee Road. The Landmark will also feature five decks of lifestyle facilities at various heights, and three levels of basement car park.
The units went for at an average price of $2,250 per sq ft (psf). About half of them are one-bedroom units with a starting price of $1,955 psf - most buyers were Singapore citizens and permanent residents.
About 110 units were sold last Sunday, representing 30 per cent of the total number of units at The Landmark
Homebuyers are mostly drawn to The Landmark's breathtaking views of the Singapore skyline, as well as nearby amenities and location and its attractive price in the Core Central Region (CCR).
Real estate professional Kiwi Lim from Huttons Asia believe that The Landmark presents an attractive investment opportunity for property buyers and real estate investors looking for plenty of quality upside potentials as The Landmark could stand to gain from the upcoming Greater Southern Waterfront, Thomson-East Coast MRT Line, expansion of the central medical hub under SGH Campus Master Plan, as well as various ongoing central business district (CBD) rejuvenation plans which are all within close proximity. "Its strategic position is near to Tiong Bahru, Chinatown, Tanjong Pagar, Clark Quay, Singapore River with 24-hour Sheng Siong supermarket and 2 coffeeshops just a few steps away." said Kiwi Lim who sold 5 units to a few young Singaporean professionals at the weekend launch.
Real estate professional Kiwi Lim from Huttons Asia believe that The Landmark presents an attractive investment opportunity for property buyers and real estate investors looking for plenty of quality upside potentials as The Landmark could stand to gain from the upcoming Greater Southern Waterfront, Thomson-East Coast MRT Line, expansion of the central medical hub under SGH Campus Master Plan, as well as various ongoing central business district (CBD) rejuvenation plans which are all within close proximity. "Its strategic position is near to Tiong Bahru, Chinatown, Tanjong Pagar, Clark Quay, Singapore River with 24-hour Sheng Siong supermarket and 2 coffeeshops just a few steps away." said Kiwi Lim who sold 5 units to a few young Singaporean professionals at the weekend launch.
American biotechnology company Moderna has asked the authorities in Singapore to approve the use of its Covid-19 vaccine here today and if all goes well, the first batch of vaccines could arrive as early as this month in Dec 2020.
Moderna chief executive Stephane Bancel told The Straits Times on Tuesday night (Dec 1) that the company is in talks with the Health Sciences Authority (HSA) in Singapore. Pfizer and BioNTech - the two firms behind another Covid-19 vaccine front runner - have also applied for emergency use authorisation of their vaccine in the US. Pfizer said final results from the late-stage trial of that Covid-19 vaccine showed it was 95 per cent effective.
Real estate developers are watching the market for news of Covid vaccines as such good news is expected to improve economic market sentiment and allow the opening of borders for foreigners.
Moderna chief executive Stephane Bancel told The Straits Times on Tuesday night (Dec 1) that the company is in talks with the Health Sciences Authority (HSA) in Singapore. Pfizer and BioNTech - the two firms behind another Covid-19 vaccine front runner - have also applied for emergency use authorisation of their vaccine in the US. Pfizer said final results from the late-stage trial of that Covid-19 vaccine showed it was 95 per cent effective.
Real estate developers are watching the market for news of Covid vaccines as such good news is expected to improve economic market sentiment and allow the opening of borders for foreigners.
The first batch of Covid-19 vaccines could arrive as early as this month if all goes well - Moderna
A version of this article appeared in the print edition of The Straits Times on November 30, 2020, with the headline 'Strong demand for Landmark units on launch weekend'.
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