More than 1,000 thronged Wing Tai's Ascentia Sky showflats in Redhill when the 373-unit condo was launched yesterday. It has sold 85 per cent of the 120 units put up, at prices of around $1,300 psf.
Far East Organization, for instance, resumed sales of its Silversea condo in Amber Road and has sold 57 of the 80 units released since July 10. Prices range from $1,200 to $1,700 psf.
It has also sold 80 per cent of the 182 units released at Vista Residences in Thomson, with prices from $1,100 psf.
The current fizz is setting new price benchmarks in suburbia, with the upcoming Centro Residences, next to AMK Hub, tipped to cross the $1,000 psf mark.
The current fizz is setting new price benchmarks in suburbia, with the upcoming Centro Residences, next to AMK Hub, tipped to cross the $1,000 psf mark.
Another condo, Optima in Tanah Merah, which will preview at month's end, will be sold at around $900 psf. Its developer, TID, said it has had more than 1,000 inquiries.
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