Following are sales status of new projects that were
launched or previewed last week:
Stratum
The 380-unit
Stratum in Pasir Ris moved about 190 apartments on Saturday and Sunday. Nearly 250 units were
released in the first phase.
Units at the
99-year leasehold apartment were launched at around $900psf. Sizes
range from 432sqft for a studio to 2,446sqft for a five-bedroom duplex
penthouse.
The Elias
Road project is being developed by Elitist Development, which is related to the
Lim family behind the Sin Soon Lee Group.
Whitehaven
The 121-unit
project developed by Roxy-Pacific Holdings sold nearly 70 units over the
weekend.
The average
price at the five-storey freehold project was between $1,470 and $1,480psf.
The 99-year leasehold project by Keppel Land, which is near Harbourfront MRT, saw more than 80 of the 100 units released snapped up after the preview began on Friday. Buyers are believed to be mostly Singaporeans.
Prices at
the 366-unit Corals are said to have ranged from $1,800 to $3,000psf.
Keppel Land
said most units sold have been one- to three-bedders. There are also
four-bedroom units and eight penthouses. Sizes range between 600sqft and
3,500sqft.
The lease
for Corals starts from 2007. It is not subject to rules that stipulate that the
developer has up to five years to build the project and then has to sell all
the units within two years of obtaining the temporary occupation permit.
Corals is
the third residential project by Keppel Corporation and Keppel Land on the former
Keppel Harbour site, after the 969-unit Caribbean at Keppel Bay and the
1,129-unit Reflections at Keppel Bay.
Corals at
Keppel Bay will be officially launched this weekend.
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