Real estate developers continued to report transactions yesterday, with Oxley Holdings announcing that it has sold 22 of the 36 residential units and three of the five shop units at Vibes@Kovan, which was launched over the weekend.
The 22 apartments, ranging from 377 sq ft to 1,001 sq ft, fetched an average selling price of S$1,255 psf, while the three shop units, which range between 269 sq ft and 312 sq ft, were sold for S$2,400 psf on the average.
Meanwhile, Far East Organization said it sold 18 units of its high- and mid-end projects over the weekend, with eight units coming from The Tennery at Bukit Panjang.
A number of units were also snapped up at Allgreen Properties’ The Cascadia located in Bukit Timah.
Roxy-Pacific Holdings, on the other hand, is launching its new residential development, Spottiswoode 18. The developer said prices will start from S$688,900. Agents had previously said that prices would start from S$700,000.
Spottiswoode 18 offers 251 units comprising one- and two-bedroom units, as well as penthouses and duplexes. Units range between 387 sq ft and 1,324 sq ft, with 150 units measuring 387 sq ft each.
The development will rise on the site which currently houses Dragon Mansion. Roxy-Pacific acquired the 72-unit Dragon Mansion in 2009 in a collective sale for S$100.8 million or S$863 psf ppr including estimated development charge.