Strong sales at Potong Pasir condo

Romesh Navaratnarajah30 Nov 2015

The Poiz Residences

Home buyers snapped up nearly 75 percent of the released units at MCC Land’s The Poiz Residences in Meyappa Chettiar Road during its first weekend of sales, reported The Straits Times.

A total of 260 apartments were sold out of the 350 units initially launched under phase one, revealed the project’s developer. Of this, around 33 percent were one-bedroom units, while three- and four-bedders accounted for 36 percent and 31 percent respectively. About 98 percent of the buyers are Singaporeans.

“The sales at our launch weekend were encouraging and we attribute its success to our strategic differentiation of the units into Urban, Habitat and Suites which are each targeted at different market segments,” said MCC Land’s Managing Director Tan Zhiyong.

Another selling point of the 731-unit condominium is its proximity to Potong Pasir MRT station, he added.

The Poiz Residences is the residential component of a mixed-use development, which includes The Poiz Centre mall. Both the condominium and shopping centre are expected to be completed by 2019.

Originally, the developer planned to call the condo The Andrew Residences. But it later decided to rename it after more than 1,000 people complained that the first name would cause a mix-up with a nearby and similarly-named school.

Image: Artist’s impression of The Poiz Residences by MCC Land.


Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories email


You may also like these articles

S’pore slides in ranking as one of world's most liveable cities

Singapore was ranked seventh in the Global Liveable Cities Index, collated by the Asia Competitiveness Institute (ACI) at the National University of Singapore’s (NUS) Lee Kuan Yew School of Public

Continue Reading27 Nov 2015

Bumper launch receives healthy response

The Housing Board’s record launch of 12,411 flats this month witnessed a healthy response, with more Singaporeans benefitting from the various policy changes that took effect, wrote National Develop

Continue Reading27 Nov 2015

Residential sales volume up 4.4% in Q3

Singapore saw residential sales volume increase 4.4 percent quarter-on-quarter to 4,153 units in Q3 2015 compared to the 29.9 percent quarter-on-quarter decline seen over the same period last year, re

Continue Reading27 Nov 2015