The recently launched Hedges Park condominium received strong response for the 130 units it released over the weekend.
The apartments, comprising 200 one- to four-bedroom units sized between 484 and 1798 sq ft each, were sold at an average price of S$850 psf.
According to Hong Leong Group Singapore, Singaporeans comprised 90 percent of the home buyers.
“We are very pleased with the preview sale of Hedges Park. The suitably priced apartments of this development definitely make it a good buy for HDB upgraders and Gen Y house buyers,” said Ms. Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings Ltd.
Hong Leong Holdings Ltd spearheads the marketing of the 501-unit development situated in the tranquil neighbourhood of Flora Drive off Changi.
Prices range from S$466,000 for a one-bedroom unit to S$1.06 million for a four-bedroom unit.
Developed by the Tripartite Developers Pte Ltd, a joint venture (JV) between City Developments Limited, Hong Leong Holdings Ltd and TID Pte Ltd, the project utilises water as the primary attraction to develop a living space that harmoniously combines the lush comforts of home with the best of a “water wonderland”.
The 99-year leasehold development is located near the business centre in Changi Business Park and the upcoming academic hub, with institutions such as United World College, the Singapore University of Technology and Design, the Japanese School and Temasek Polytechnic.
The site is also easily accessible via expressways to the city, East Coast, Changi Airport and Tanah Merah Ferry Terminal.
Furthermore, Hedges Park is close to shopping malls and amenities such IKEA, Giant supermarket, White Sands Mall, Tampines Mall and Changi Village.
More Hedges Park units are expected to be released during its grand launch on 22 April 2011.