Victoria Park Villas semi-Ds priced at S$4.4m to S$7.6m
Project could have gone for a million dollars more each in better market conditions, says CapitaLand S'pore CEO
IN what is the only prime landed site to be awarded by the government since 1996, CapitaLand is launching 106 semi-detached houses for S$4.4 million to S$7.6 million each and three bungalows for S$11 million to S$12 million each in Victoria Park Villas this Saturday.
These 99-year-leasehold units in the District 10 project "could have gone for a million dollars more" each in better market conditions, CapitaLand Singapore CEO Wen Khai Meng told reporters.
Since the project's soft launch about a month ago, some seven semi-Ds have been sold to Singaporeans at an average S$4.5 million. Based on useable area, excluding car-park porch, the average pricing for the project is S$1,200 to S$1,400 per square foot (psf) - which is "Sengkang condominium price", Mr Wen quipped.
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