According to a report in The Straits Times today, almost 500 new homes were sold over the past week as developers stepped up their marketing efforts to ride on last month's stellar transaction figures.
Experts noted that many of the projects that sold well consisted of small one- and two-bedroom units with affordable quantum. These are typically popular with investors.
Guillemard Edge
Macly Group's Guillemard Edge near Dakota MRT station has recorded more than 230 sales. Units in the 275-unit project were priced between $1,150psf and $1,250psf.
More than half of the units were one-bedders of around 409sqft with a price tag of about $500,000.
Parc Rosewood
Parc Rosewood in Woodlands found buyers for 120 units at an average price of $1,000psf. This was up from the $925psf to $998psf price range when it was first previewed late last month.
Last week's transactions brought total sales to more than 510 at the 689-unit project. It is jointly developed by Fragrance Group and World Class Land.
The Nautical
About 10 sales over the weekend at 435-unit The Nautical in Sembawang Road brought total sales to more than 200 units. Average prices were between $850psf and $860psf.
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