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

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).