By Nikki De Guzman:
The 616-unit Jewel @ Buangkok saw buyers for 203 of the 280 units released at its preview over the weekend.
Developed by City Developments Limited (CDL), the condominium project comprises of one- to five-bedroom apartments, dual-key units and penthouses within 15- to 17-storey towers. Units were sold at around S$1,150 psf, inclusive of an early bird discount.
Notably, two of the five penthouses have been taken up.
Singaporeans made up approximately 84 percent of the buyers, while the rest were foreigners and permanent residents (PRs).
“We are delighted with the healthy sales that Jewel @ Buangkok has garnered. Its top draw is arguably its affordable pricing for a development that is located near the MRT station. Furthermore, Jewel @ Buangkok’s proximity to the future Seletar Aerospace Park will bolster its rental and capital value appreciation potential, making this an even more attractive purchase,” said Chia Ngiang Hong, General Manager at CDL.
Image: Jewel @ Buangkok’s Family Pool
Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
Related Stories:
Metro Holdings to launch condominium project
Hillview Peak the next hot property
CDL unveils new condo in Sengkang