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AMO Residence sells over 98% of its 372 units on launch weekend

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Nisha Ramchandani

Nisha Ramchandani

Published Sun, Jul 24, 2022 · 04:04 PM
    • AMO Residence is the first notable launch in the Outside Central Region (OCR) this year, as well as the first major project in Ang Mo Kio in over 8 years.
    • AMO Residence is the first notable launch in the Outside Central Region (OCR) this year, as well as the first major project in Ang Mo Kio in over 8 years. PHOTO: UOL GROUP

    AMO Residence, the year’s first major new launch in the Outside Central Region (OCR), was met with sizzling demand as it sold nearly all its 372 units on the first day of its launch on Saturday (Jul 23).

    The 99-year-leasehold private residential development, which is a joint venture between UOL Group, Singapore Land Group and Kheng Leong Company, has sold over 98 per cent of its units and was left with 7 unsold ones.

    Prices started from S$1,890 per square foot (psf). The consortium was awarded the site in a state tender last year after they put in the top bid of S$381.38 million or nearly S$1,118 psf per plot ratio (psf ppr).

    Singapore propertyUOLProperty developersSingapore Land Group

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