SeaSuites draws strong pre-launch interest

4 Jan 2013

By Romesh Navaratnarajah:

The 52-unit SeaSuites (pictured) has attracted strong interest from home buyers with about 100 cheques collected prior to its launch tomorrow, said marketing agent HSR International Realtors and reported by The Straits Times.

Located in Pasir Panjang, the freehold project is being developed by Link (THM) Group, with units priced at S$1,650 psf on average. Most of the apartments are one- and two-bedders ranging from 517 to 1,410 sq ft, while the three-bedders are sized between 1,066 and 1,615 sq ft.

According to Kenny Tan, founder and Chief Executive of Link (THM), the company started out in the fashion business before diversifying into property in 2004, initially with small-scale landed projects and eventually to larger-scale non-landed developments.

The developer also undertook several light industrial and commercial developments such as the Sultan Link office project in Mohamed Sultan Road.

Moving forward, Link (THM) plans to develop two more sites, a landed housing development in Holland Road and a light industrial project off Bukit Merah Road.

“We are very focused on location, especially in a small country like Singapore. For landed homes, for instance, we’ll look at the Holland and Bukit Timah areas,” Tan said.

“For non-landed homes, we can consider any site that is less than 300m away from an MRT station… Any site that is not more than S$100 million, we have the cash flow to take it up ourselves.”

 

Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

 

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