20% of 250 units sold at TRE Residences' launch
Units at the Geylang East condo fetch an average S$1,416 psf, including a 5% early bird discount
Singapore
TRE RESIDENCES in Geylang East sold a fifth of its 250 units at its launch over the weekend. The units were sold at an average S$1,416 per square foot (psf) including a 5-per cent early bird discount.
Its developer, marketing agent, and other consultants agreed that this was an encouraging result, very much in line with expectations given the current lukewarm market.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%