CapitaLand
Limited sold 31 of the 50 units released during the preview of its new freehold
condo project Marine Blue over the weekend, at an average price of between
$1,800 and $2,000psf.
The
units sold included one-bedroom-plus-study and two-bedroom ones and a penthouse, said a CapitaLand Singapore
spokesman.
The
price list obtained by BT showed a 10% discount off the listed prices.
Sited
next to Grand Mercure Roxy Hotel along Marine Parade Road
Construction
has begun.
The
showflat in Bedok South Ave 3 first opened for viewing two weeks last month,
and then closed for the year-end festive seasons; it was re-opened last week for
the preview for buyers who had indicated interest for the project.
Recent
transacted prices of freehold condo units in the vicinity, including 70 Saint Patrick's, Coralis, Seaview and Parc Seabreeze, have fallen within the
range of $1,630 to $1,730psf; rents have averaged at between $3.20 to $4psf per
month, said SLP International executive director Nicholas Mak.
Property
consultants noted that rental prospects for the project look promising, given
its proximity to amenities such as Parkway Parade, Katong 112 and the East Coast Park
Info source: BT
Just goes to show that
despite the weak property market, buyers are still willing to fork out money for
projects with good locations.
If only the project comes with a better name ...
Any review?
ReplyDeleteHi Anonymous (Jan 13, 6:45PM): Our short answer to your question is: we'll get there...eventually.
ReplyDeleteThe wife and I are still struggling a bit to complete our review for Bijou, which we had visited early of last week. :-)
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