New project sales status: Watertown, The Hilier & Parc Rosewood

Watertown
Far East Organization, Fraser Centrepoint and Sekisui House continue to achieve impressive sales at Watertown in Punggol, moving 148 more units over the weekend. They have now sold 744 units in the project since Jan 18.

Transacted prices range from $980 to $1,500psf.

So far, 901 of the project's 992 units have been released. The most popular are the one and two-bedroom suites (527 - 646sqft) and the two- and three-bedroom units (904 - 1,259sqft). All 385 suites have been sold. 90% of the project's buyers are Singaporean.

Market watchers credit strong sales to the developers' marketing strategy, offering much-coveted waterfront living integrated with a mall (Waterway Point) and the Punggol MRT Station.

The Hillier
Far East Organization found buyers for another 26 residential units over the weekend, taking total sales to 386 units. It has released 479 of the project's 528 units. The most popular are one-bedroom Soho-style apartments (506 - 624sqft). Singaporeans account for over 80% of buyers.

Parc Rosewood
Fragrance Group and World Class Land have sold 181 units at Parc Rosewood condo in Woodlands since Saturday. The average price is $960psf. The five-storey, 99-year leasehold project will have 689 apartments.

A good mix of units - one, two and three bedders - have been taken up. Singaporean are believed to account for 80 - 85% of buyers, with permanent residents making up the rest. Buyers comprise singles, young couples, families and investors - some living in the surrounding Woodlands area.

Source: The Business Times

So whose afraid of the (supposed) impending private-home market slowdown..?
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