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Sengkang Grand Residences sees 216 units sold on launch weekend

Sengkang Grand Residences sees 216 units sold on launch weekend.

SINGAPORE - Developers CapitaLand and City Developments Limited (CDL) have sold 216 or about 77 per cent of the 280 apartments launched for sale at the 680 unit-Sengkang Grand Residences over the weekend.

The units were booked at an average selling price of about $1,700 per square foot for the 99-year leasehold development next to Buangkok MRT Station, said the listed companies in a media release yesterday (sun).

About 93 per cent of the buyers were Singaporeans, while the remaining 7 per cent were permanent residents and foreigners mainly from China, Malaysia, India and Philippines.

To read more: https://www.straitstimes.com/business/property/sengkang-grand-residences-sees-216-units-sold-on-launch-weekend

Adapted from The Straits Times 3 Nov 2019

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