Jesline Goh of UOL Group (left) on Dec 12, where sales were conducted by balloting of units (Photo: UOL Group)
Singapore-listed UOL Group and its subsidiary, United Industrial Corp (UIC) announced that about 70% of Clavon has been taken up on the first weekend of launch. This works out to about 442 out of a total of 640 units at the 99-year leasehold condo located at Clementi Avenue 1, which was launched on Dec 12.
Units were sold at an average price of $1,640 psf, according to UOL. Demand was seen across all unit types, including the large format units, such as the three-, four- and five-bedroom apartments. “We believe the buyers like the well-designed layouts with strong product attributes that meet changing lifestyles and integrate live, work and play,” says Jesline Goh, UOL Group chief investment and asset officer. For a project with over 600 units, to have sold more than 70% of the total in one day is outstanding, especially following the Controller of Housing’s restrictions on the reissue of options to purchase.
Units were sold at an average price of $1,640 psf, according to UOL. Demand was seen across all unit types, including the large format units, such as the three-, four- and five-bedroom apartments. “We believe the buyers like the well-designed layouts with strong product attributes that meet changing lifestyles and integrate live, work and play,” says Jesline Goh, UOL Group chief investment and asset officer. For a project with over 600 units, to have sold more than 70% of the total in one day is outstanding, especially following the Controller of Housing’s restrictions on the reissue of options to purchase.
The 660-unit, 999-year leasehold Ki Residences where 143 units were sold on the first weekend of launch (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Ki Residences at Brookvale sold 143 out of a total of 660 units on its launch weekend, according to joint venture partners Hoi Hup Realty and Sunway Development in a statement on the evening of Dec 6. This translates to 22% of the units in the 999-year leasehold private condominium project located on Brookvale Drive, off Sunset Way in District 21.
The project has a mix of two- to five-bedroom units. Average price of units sold was $1,790 psf, although starting prices were from $1,668 psf, 60% of the units sold were the four- and five-bedroom units, making up the “Luxury Collection” at Ki Residences. Four-bedroom units account for 58 units, with sizes from 1,245 to 1,711 sq ft. Premium five-bedroom apt, with sizes from 1,819 to 2,239 sq ft, make up just four units in the entire project. Prices of these units are upwards of $2.15 million ($1,707 psf).
The project has a mix of two- to five-bedroom units. Average price of units sold was $1,790 psf, although starting prices were from $1,668 psf, 60% of the units sold were the four- and five-bedroom units, making up the “Luxury Collection” at Ki Residences. Four-bedroom units account for 58 units, with sizes from 1,245 to 1,711 sq ft. Premium five-bedroom apt, with sizes from 1,819 to 2,239 sq ft, make up just four units in the entire project. Prices of these units are upwards of $2.15 million ($1,707 psf).
□THE LANDMARK □ In The City | Near The River | By The Park □□From ONLY □1️⃣9️⃣4️⃣6️⃣ psf to Own A Luxury Condo at Prime Location. Scan to arrange viewing or click to visit website for more info
Black Friday discounts did not distract a group of shoppers looking at bigger deals: homebuyers. At The Landmark, a 396-unit, 99-year leasehold condo on Chin Swee Road, virtual balloting started at 10am on Nov 28. It was done via Zoom across five different locations: The Landmark sales gallery as well as the respective offices of the appointed marketing agencies.
By 7pm that evening, buyers had snapped up 110 of the 120 units released. This translates to 92% of units released, or about 28% of the total units in the development.
By 7pm that evening, buyers had snapped up 110 of the 120 units released. This translates to 92% of units released, or about 28% of the total units in the development.
Normanton Park Showflat is available for viewing by appointment. Scan to make a showflat appointment or click to view more about this hot upcoming condo project
Starting next year will see a mega blockbuster new condo launch by developer Kingsford & MCC Land is Normanton Park condo - an exciting new condominium development, located at Normanton Park, Singapore. Developed by a partnership of experienced developer and main contractor Kingsford Development & MCC Land, Normanton Park condo is set to be the new iconic development with panoramic sea views, well located near nature parks.
Huttons Asia's Kiwi Lim believe Normanton Park condo will perform very well during its preview next month in Jan 2021 as its strategically located next to S'pore Science Park, well connected to One-North Biz Park, 5 Mins Drive To NUS, NUH and beside the green nature of Kent Ridge Park. Price is attractive too as the developer has hinted that their one bedder may be priced from $7xx k onwards.
Huttons Asia's Kiwi Lim believe Normanton Park condo will perform very well during its preview next month in Jan 2021 as its strategically located next to S'pore Science Park, well connected to One-North Biz Park, 5 Mins Drive To NUS, NUH and beside the green nature of Kent Ridge Park. Price is attractive too as the developer has hinted that their one bedder may be priced from $7xx k onwards.
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