SUBSCRIBERS

Pasir Ris 8 sells 85% of units at up to S$2,000 psf; developer confirms 'several' price reviews

Sharanya Pillai
Published Sun, Jul 25, 2021 · 08:38 PM

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. Like…

A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here