There was an overwhelming response to a Singapore property exhibition last weekend featuring one of Canada’s iconic buildings.
Vancouver House, which will not be launched to Canadian buyers for another two months, saw more than 30 units transacted – far more than expected. When completed the development will be the third tallest tower in Vancouver and each of the 388 units will be unique due to the creative use of architecture.
“The response surprised us and surprised the developer,” an excited JM Loo, Associate Director for Business Development at SQFT Global Properties, told PropertyGuru.
For Canadian developer Westbank, the company behind Vancouver House, this was their first serious venture into the Singapore market. Vancouver House was launched in Singapore under the Christies International Real Estate Singapore brand, with prices for a one-bedroom unit from S$536,975.
As a direct result of last weekend’s success, the agency has arranged a last-minute Singapore property showcase for Vancouver House that will take place this weekend (July 26 /27) at the ion Orchard shopping Centre.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
Some of our most-read stories you may have missed:
Rules relaxed to help HDB sellers
Better rules for investors: MAS proposals
Growth to outweight challenges in emerging Asia-Pacific
Slump in June private home sales