Frasers sells almost 400 units of Seaside Residences (Amended)

Singapore

KEEN buying demand was seen in the latest condominium launch, with Frasers Centrepoint Limited (FCL) moving close to 400 units at the 843-unit Seaside Residences' weekend launch, at an average price that BT understands to be S$1,700 per square foot (psf).

Frasers Centrepoint Singapore said that some 70 per cent of the 560 released units were sold. About 60 per cent of the buyers live in the east, and 30 per cent within District 15.

The strong showing at Seaside Residences came on the back of an expected pent-up demand given the site's location and palatable price quantums for the smaller units, and came on the heels o…