All 174 units in phase 1 of The Greenwich project has been sold in a private preview that began on August 2, making up 55 percent of the 319-unit development, or seven out of 12 towers.
The units released comprise one- to three-bedroom apartments, with prices ranging from $657,000 to $850,000 for one-bedroom apartments, $763,000 to $1 million for two-bedroom apartments and $1 million to $1.4 million for three-bedroom apartments.
Mr. Chia Boon Kuah, executive director of Far East Organisation (FEO), said: “We had expected a good run judging from the keen interests we’ve received prior to the start of the sales. The Greenwich’s performance over the week has been a pleasant surprise. With this strong interest, we will be bringing forward the official launch of this project to early September. We are now taking in registrations of interest for Phase 2.”
Commenting on the strong take-up for the one-bedroom apartments, he said: “Nearly half of the units sold are the one-bedroom units. Many of the buyers are especially attracted to the SOHO-type home office configurations of these apartments in a mixed-use development.”
To be completed in 2014, the Greenwich live-work-and-play precinct will comprise both residential apartments and the Greenwich V retail space. It will also become part of a lifestyle destination that takes shape in Seletar Estate, at the junction of Yio Chu Kang and Seletar Roads.
The Greenwich features 12 five-storey residential towers, which comprise one- to three bedroom apartments that range from 603 sq ft to 1,485 sq ft in size.