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

By The Folks @PropTalk - January 31, 2012 4 Comments

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..?

4 comments to ''New project sales status: Watertown, The Hilier & Parc Rosewood"

  1. From the look of things, I think govt should have imposed the 10% ABSD on Sporeans instead of foreigners!

  2. Maybe more cooling measures coming again?

    SMRT increasing capacity on certain lines of up to 70% from new trains which will come on-stream in 2014 or 2015 (heard over radio). In anticipation of "spike" (quote , unquote from radio) of ridership.

    Increase in population?

  3. Is there any review for Hillier and Parc Rosewood? Parc Rosewood seems to be selling at an affordable price but its location is quite deep in. Next to it is Woodhaven.


  4. Hi VL,

    The wife and I have not seen these (The Hillier & Parc Rosewood) yet so hopefully we should get to them soon. But probably not next week though, as we already have something else in mind to view.

    Have a great week ahead!