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.
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.
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.