A project selling private homes at the
largest integrated development in the north opened for walk-in sales on
Saturday (Apr 11).
Developers of North Park Residences
have sold about 80 units, while about 320 units were sold at the project's soft
launch last week. In total, about 40% of the 920 units have been sold so far.
North Park Residences will be part of Northpoint
City , which will also house the Nee
Soon Central Community Club and a Community
Garden
At $1,300 per square foot, some buyers
say it is "reasonably-priced". "Because of its position, with
this price, it is a good buy," said Mr Ng Say Tiong, a buyer.
Its developer Frasers Centrepoint says
most of the units sold are the smaller ones and that it has seen a fair mix of
those who buy to live in as well as investors.
Integrated developments like North
Park that have direct access to transport hubs are not new in Singapore
"More and more Singaporean homes
would be within the 500 to 800 metres of an MRT station so in future as our
transport networks expand and our efficiency in public transport improves, this
premium would be eroded," said Century 21 CEO Ku Swee Yong.
North Park Residences is expected to complete in three
years' time.
Source:
CNA
Encouraging
sales results indeed. But the more pertinent question being: Is "walk-in
sales" = official launch, or is this still the "semi-hard" stage
after the soft launch last week..?
Not sure whether the price is really a good buy.....
ReplyDeleteCan you do a review of the condo or tell is your view?
Much appreciated