Over 90% of the 120 units released sold at an average price of $2,250 per sq ft (psf). Most of the units sold were one-bedders which were transacted from $1,955 psf. Image: Landmark JV Pte. Ltd
The Landmark condominium along Chin Swee Road received robust interest during its weekend launch, with over 90% of the 120 units released sold at an average price of $2,250 per sq ft (psf), reported The Straits Times.
As of Sunday (29 November), around 110 units were snapped up or around 30% of the total number of units at the District 3 project.
About 50% of the units sold were one-bedders which were transacted from $1,955 psf.
Singaporeans and permanent resident accounted for majority of the buyers, said developer Landmark JV, a joint venture between SSLE Development, MCC Land and ZACD Group.
Expected to obtain Temporary Occupation Permit in March 2025, The Landmark sits on the northern foothills of Pearl’s Hill, featuring a single 39-storey tower. It offers one- to three-bedroom units as well as five decks of lifestyle facilities.
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In view of the COVID-19 pandemic, sales booking were conducted virtually across five locations, like the project’s sales gallery and the offices of marketing agencies PropNex, ERA Singapore, Huttons Asia and SLP International.
“The positive response from home buyers on the launch day bears testimony to our commitment to price the project to sell,” said Ken Chew, General Manager of SSLE Development as quoted by The Straits Times.
“We hope that a higher live-in population within and around the Central Business District will add more vibrancy to this neighbourhood.”