A total of 15% of released units in Phase One sold within the first day of sales, with more than 70% of buyers purchasing larger units.
The Gazania and The Lilium, SingHaiyi’s twin residential development, moved 23 units or 15 percent of the 165 units released during the first day of sales over the Labour Day holiday.
This comes after more than 200 prospective home buyers turned up at the showflats for balloting.
Larger-sized units received more interest from homeowners, with over 70 percent of the home buyers snapping three- to four-bedroom units, including a penthouse unit.
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The 250-unit The Gazania offered one- to four-bedroom units, with distinctions between the two-bedroom study, three-bedroom compact, three-bedroom premium and four-bedroom maisonette as well as penthouse units.
The Lilium, on the other hand, features 80 units of one- to four-bedroom units, with distinctions between the two-bedroom study and three-bedroom premium as well as penthouse units.
“We are deeply encouraged by the positive response of buyers to The Gazania and The Lilium, especially for our larger units,” said SingHaiyi group managing director Celine Tang.
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“Home buyers in Singapore are very savvy and discerning in their choices. The positive demand for our twin freehold developments reflects their appreciation of the attractions of SingHaiyi’s property developments, which include well-thought out design features, quality finishing and the location’s convenience, catering to the varied needs of upgraders, families and investors.”
Situated near Bartley MRT station, the two freehold developments are a short drive to the city centre, the Orchard Road shopping belt, the central business district as well as the Paya Lebar Master Plan Growth Area.
The Gazania and The Lilium are also close to Nex, the biggest suburban shopping mall in Singapore, and the upcoming Bidadari New Town.
Fiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email firstname.lastname@example.org