Normanton Park sells 600 residential units at $1,750 psf on first day of sales

January 18, 2021

The mixed-use development saw around 80% of the units sold in one- and two-bedroom units during its first day of sales. Buyers also snapped three commercial units. Image: Normanton Park

Normanton Park sold about 600 residential units at an average price of $1,750 per sq ft (psf) during its first day of sales on 16 January (Saturday).

Developer Kingsford Huray Development revealed that around 80% of the units sold were one- and two-bedroom units. Buyers also snapped three commercial units.

“Most of the homebuyers are Singapore citizens and permanent residents and they are either owner-occupiers or property investors,” it said in a release.

Recommended article: 5 Mixed-Use Developments in Singapore: Live In a Condo Above A Shopping Mall!

Set to obtain Temporary Occupation Permit in 2023, the development comprises 1,840 apartment units, 22 two-storey strata terraces and eight commercial units.

About 12,000 visitors thronged its show gallery during its 13-day preview which ended on 14 January.

In conjunction with the project’s launch, a lucky draw has been organised in which 10 units of Mercedes-Benz A-Class 180 Hatchback Style with 1.4L engine will be given out as prizes.

Suggested read: New Launch Property vs Resale Condos in Singapore: Which is Better?

Buyers and the respective agents of the first 800 units sold at the development will be entitled to participate in the lucky draw.

Normanton Park’s marketing agencies are ERA Singapore, OrangeTee & Tie, Huttons Asia, PropNex and SRI.

Visits to its show gallery, which is located at 1 Normanton Park, is strictly by appointment only.

Looking for a property in Singapore? Visit PropertyGuru’s Listings, Project Reviews and Guides.

POST COMMENT

You may also like these articles

Normanton Park sold for $830.1m, or $969 psf ppr

This is the highest land rate achieved for a 99-year leasehold collective sale site this year. (Photo: Knight Frank)The Normanton Park condominium located off Ayer Rajah Expressway has been sold colle

Continue ReadingOctober 6, 2017

Normanton Park to open for preview this Saturday

The development features 1,840 one- to five-bedroom units and penthouses spread across nine 24-storey towers. Photo: Kingsfold Hurray Development Pte Ltd.Normanton Park, a residential development proj

Continue ReadingDecember 31, 2021

Developer sales up in December, highest since 2012

Analysts expect the sales momentum in December to spill over to January 2021. However it is anticipated that while demand for new homes may remain high, the supply of new launches may decline this y

Continue ReadingJanuary 15, 2021