New condo in Kembangan set for preview

A joint venture between Malaysia-based Sunway Group and Singapore developer Hoi Hup Realty is holding a preview of Vacanza @ East, a freehold condominium project located in Kembangan, today.

The 12-storey Vacanza @ East will yield a total of 473 units in seven blocks, comprising one to four-bedroom units and penthouses.

Approximately 39 percent of the units have either two bedrooms or two bedrooms with a study, while 30 percent are three-bedders.

The 141 units currently being released in two blocks are expected to fetch an average price of slightly more than $1,000 psf.

Last week, Roxy-Pacific Group also previewed Jupiter 18 at Lorong 102 Changi. To date, it has sold over 70 percent of the 53 units in the freehold project, which comprises one-bedders to two-bedroom penthouses.

The units fetched an average price of $1,100 psf, with prices starting from slightly more than $500,000 for a one-bedder unit.

Separately, City Developments has sold another 35 units at the 642-unit NV Residences in Pasir Ris, bringing total sales to 335 units out of the 380 units that were launched for sale.

Units at the 99-year leasehold project fetched an average price of $830 psf during its preview but the developer later lifted prices by a notch to 2 percent.