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.
Adapted from The Straits Times 3 Nov 2019