Pasir Ris 8 sells 85% of units at up to S$2,000 psf; developer confirms 'several' price reviews
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
CONDOMINIUM Pasir Ris 8 has sold 415 units or 85 per cent of the total inventory of 487 apartments over its launch weekend, developer Allgreen Properties disclosed in response to queries from The Business Times on Sunday.
Prices for the units sold ranged between S$1,400 per square foot (psf) all the way up to a whopping S$2,000 psf. The average price was close to S$1,600 psf.
BT further understands that there were six rounds of price increases for the units on Saturday itself. At 8pm, the price of a two-bedroom unit was said to have been increased by up to S$360,000, translating to over S$2,000 psf. Likewise, a 710 sq ft unit was said to be selling at S$1.5 million, or S$2,116 psf at 10.30pm, up from S$1.145 million at 9am.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
