696 out of Chuan Park’s 916 units sold on launch weekend at average of S$2,579 psf
Lack of new projects in the area and a large pool of potential buyers looking to upgrade are among the reasons for the strong performance
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SOME 76 per cent of the 916 units at Chuan Park were sold on their launch weekend at an average price of S$2,579 per square foot (psf).
A total of 696 residential units of the 99-year leasehold development were sold, said a spokesperson from developer Kingsford Group in a Monday (Nov 11) morning update.
Chuan Park is a redevelopment of the former condo of the same name, which Kingsford Group purchased en bloc for S$890 million in May last year.
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