[GLGT]3,629 cheques were collected or 4.3 times oversubscribed for Emerald of Katong condo with prices starting fr $1.2m

toolbox03

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https://www.edgeprop.sg/property-news/sim-lian-group’s-emerald-katong-will-it-be-another-top-seller


With 10,000 visitors during the first three days of previews from Nov 1 to Nov 3, expectations are high for Sim Lian Group’s 846-unit Emerald of Katong to achieve strong sales on Nov 16.

Anticipation built up further when the joint marketing agents collected 3,629 cheques from interested parties over the two-week preview period, as of the evening of Nov 13. This is equivalent to the project being 4.3 times subscribed.

The stage was set by the performance of Kingsford Group’s 916-unit Chuan Park, which saw over 2,800 cheques collected during eight days of previews—equivalent to being three times subscribed. On Nov 10, 696 units (76%) were sold in a single day at an average price of $2,579 psf, making it the top-selling private condo this year.

:s14:
 
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Money no have

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Emerald Of Katong is a brand new 99 year leasehold condominium


Chuan Park were sold on their launch weekend at an average price of S$2,579 per square foot (psf).

A total of 696 residential units of the 99-year leasehold development were sold
Both also 99 years sia
 

matrix05

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Condo oversubs like BTO. Good job Desmond. He got a few GLS, bidding cancelled because of low bids, supply going continue to fall next yr.
 

chaiscool

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rich get richer

private property and cars are play things for the top 20-30 % of society

peasants go for 30 year loan on public housing
Subsidized public housing leh. Huat cheap bto can flip and still want kpkb
 

kebinu

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Coz these 2 are good projects with high appreciation potential. The rest… will sell much slower.
 

keytheboogamer

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I tot economy no good?

Kopi increased $0.10 cow peh cow bu.

Whereas $2,579 psf condo sold like hot cakes? :oops:

enter
Progressive repayment
Top
Sell

Now the selling price is like they factor in the “projected profit in a uptrend market”

Developer Jiak 1st.
 
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