Location is still the key when it comes to buying a property. Two huge 99-year leasehold projects were launched over the weekend.
Queen’s Peak at Dundee Road saw a take up rate of 34%. About 250 units of the 736 available units were sold over the course of the weekend. Most of the units which were snapped up were the one and two bedders. One of the star attraction for this development was the link bridge which will link the development to Queenstown MRT. This is literally having an MRT station right at your doorstep.
The average per square foot price for the units sold at Queen’s Peak was S$1,632 per square foot.
Parc Riviera at West Coast moved slightly more than 100 units of the 752 units available. The pricing was unconventional as the units were uniformly priced across all levels for the same unit type. The single tier pricing strategy is not the usual pricing strategy developers employ.
The average per square foot price for the units sold at Parc Riviera was $1,150 per square foot.
For more information about Queen’s Peak, visit https://www.lovelyhomes.com.sg/queens-peak/
For more information about Commonwealth Towers, visit https://www.lovelyhomes.com.sg/commonwealth-towers/