Construction company KTC Group has made its first venture into the real estate market with the launch of its maiden project, Summer Scent, a freehold residential development at the junction of Upper Serangoon Road and Hougang Avenue 2.
Developed by KDC (Kovan) Development, Summer Scent offers 16 apartments comprising two-bedroom units of between 581 sq ft and 1,711 sq ft, as well as three-bedroom units with a built-up area of between 1,065 sq ft and 1,905 sq ft. So far, six units have already been snapped up.
The two-bedroom units are being marketed at an average price of S$1,200 psf, while the two-bedroom penthouse units (inclusive of family room, jacuzzi and roof terrace) cost S$1,088 psf. Meanwhile, prices for three-bedroom units stand at around S$1,200 psf while the three-bedroom penthouse units (inclusive of family room, roof terrace, study and Jacuzzi) are going at S$1,086 psf.
KTC said the project is expected to be completed by August 2012.
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