Keppel Land’s The Lakefront Residences has sold 70 units over the weekend, bringing its total sales to 320 units sold.
This represents 80 percent of the 400 units currently in the market for sale, where the average psf price for the project is at $1,020, said a Keppel Land spokeswoman.
The 99-year leasehold condo is situated near Jurong Lake and is next to the Lakeside MRT station. Its average psf price has reportedly set a new record in the area.
The project comprises 69 one-bedroom, 158 two-bedroom, 255 three-bedroom, 98 three-bedder-plus-study units, 32 four-bedder units, and 17 penthouses from 484 sq ft for a one-bedder unit to 3,000 sq ft for a penthouse.
In comparison, units at the neighbouring residential project, Caspian, have been selling at between $700 psf and $800 psf since August.