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toapayohlady

Prime projects continue to see steady take-up, set benchmark prices - 0 views

Property Edgeprop

started by toapayohlady on 02 May 19
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    The majority of the units sold were said to be four-bedroom units priced at above $10 million. The remaining units sold were a mix of two-bedroom-plus-study and three-bedroom units. There are 50 units each of two-bedroom-plus-study, three-bedroom and four-bedroom units, with sizes from 1,313 to 2,799 sq ft. There are also four penthouses of 5,673 to 6,049 sq ft.





     

    According to CDL, about 60% of the buyers are Singaporeans, with the rest a mix of permanent residents and international buyers primarily from Indonesia, China and the US.


     





    Boulevard 88 is a redevelopment of the former Boulevard Hotel. The development is designed by Moshe Safdie, and contains twin 28-storey residential towers integrated with a luxury hotel branded Edition.




     



     

    At the Robertson Quay area, Martin Modern has seen a handful of units sold in March alone. They ranged from a low-floor, two-bedroom unit of 764 sq ft that fetched $1.96 million ($2,560 psf), to a high-floor, two-bedroom unit of the same size that fetched $2.18 million ($2,847 psf). Meanwhile, a mid-floor, three-bedroom unit of 1,987 sq ft, went for $3 million ($2,773 psf), topping transactions in terms of absolute price.





     

    This brings total sales at the 450-unit Martin Modern to 315, or 70%. The sales gallery will soon be torn down to make way for construction.

     




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