The Bartley Ridge condominium being built near the upcoming new Bidadari township development proved popular with buyers on launch day yesterday.
The Straits Times understands that more than 200 units were sold by 4pm.
About 900 people turned up with their agents at 11am to enter a ballot for flats at the 99-year leasehold project between Serangoon and Paya Lebar.
Developers Hong Leong Holdings, City Developments and TID released 300 units under phase one. The project will have 868 units in all. They offered an early bird discount of 15 per cent, which will offset the additional buyer's stamp duty (ABSD).
The smallest one-bedder at 441 sq ft is priced from $580,000 while the largest dual-key four- bedroom unit costs $1.97 million for 2,120 sq ft.
Average per square foot (psf) prices for the different unit types range from $930 to $1,350.
Nearby Bidadari, the site of an old cemetery, will be developed into a residential area for 40,000 people with more than 12,000 high-rise homes.
The Bartley Ridge condo is a two-minute walk from Bartley MRT station on the Circle Line. "The nearby Pan-Island Expressway, Central Expressway and Kallang-Paya Lebar Expressway also allow for easy accessibility to the city," said Ms Betsy Chng, head of sales and marketing at Hong Leong Holdings.
The expected temporary occupation permit date is 2018.
Source: The Straits Times –23 March 2013
I just like the valuable information you provide for your articles. I’ll bookmark your blog and check once more right here regularly. I am reasonably sure I will be told plenty of new stuff right right here! Best of luck for the following!
ReplyDelete