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Sengkang EC OLA sells a third of units on first weekend

Sengkang EC OLA sells a third of units on first weekend
Sengkang EC OLA sells a third of units on first weekend 2

One executive said these figures were encouraging despite a lower-than-expected turnout.Buyers purchased 167 of the 548 units in the Spanish-themed District 19 EC, which is located near Sengkang MRT station and slated for completion by December 2023.Three of the nine penthouses sold at above $2 million each.

The total average price of the units sold on a per square foot basis was $1,135. Anchorvale – a venture between Evia land and Gamuda Land – said that around 30 per cent of all three-bedroom, three-bedroom premium, four-bedroom and five-bedroom units were sold, as well as 10 per cent of all two-bedroom units.

It added that 102 units were sold to first-time buyers, while second-time buyers looking to upgrade their homes bought the remaining 65 units. The majority of buyers – 107 – sleep in an equivalent District 19.

 

Source – The Straits Times

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