The interior of a two-bedroom unit at The Alps Residences showflat. (Photo: Christopher Chitty)
The 626-unit The Alps Residences at Tampines Street 86 sold 270 units (43 percent) on Sunday (2 October), its first launch day after a week-long preview, said its developer MCC Land.
Prices range from $491,000 for a one-bedroom unit measuring 441 sq ft to $1.44 million for a 1,410 sq ft four-bedder.
According to a spokesperson for the condominium, the one- and two-bedroom units made up 88 percent of the units sold.
“We attribute the strong response to the highly efficient unit designs as well as competitive prices. There seems to be pent-up demand in Tampines, which has seen no new condominium launched since The Santorini, also an MCC Land project, in April 2014,” the spokesperson said.
The 99-year leasehold project is expected to obtain its TOP in 2020.
Large crowds at the showflat on the first day of launch. (Photo: MCC Land)
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
