150 units sold at Alex Residences

SINGAPORE Land sold 150 units yesterday at the 99-year Alex Residences condominium near Redhill MRT Station, out of 200 units the group released in the 429-unit project.

The average price is $1,650 per square foot.

Said Michael Ng, group general manager of Singapore Land and its parent, United Industrial Corporation: "We've sold a good spread of one, two and three-bedroom units. The project has drawn owner-occupiers as well as potential investors, given the appeal of the location.