The Reef At King’s Dock Sells Over 90% Of Units Released During Launch Weekend
The Reef at King’s Dock pulled prospering interest throughout its release weekend, with two hundred and eighty of the three hundred units launched bought, communicated joint developers Mapletree Investments and Keppel Land.
Home values stretched between $2,000 per sq foot and $2thousand 8hundred per sq ft, while at the same time the common value remained at $2,330 psf.
” Caused by the active pursuit, another hundred units were included in the initial 2 hundred homes issued,” claimed the developers.
These people noted the fact that the positive deals momentum within the week end was primarily motivated “by vigorous demand coming from a desirable mix of singles, young newlyweds and also families, who got captivated to the project’s top area and variety featurings”.
S’poreans along with PR accounted for accross ninety % of investors, including an excellent merge of financiers together with leaseholder occupier.
The Reef at King’s Dock noticed an excellent mix of sales for its one- to 3 bedder units, with every single the one bed room at the project fully moved.
The left over units make up a blend of prime two- and also three bed room units in which are going to be launched in following phases.
” We are heartened via the favorable take-up of The Reef at King’s Dock, which emulates the confidence that selective buyers keep in Mapletree plus Keppel Land in providing high-quality properties along with helpful amenities,” said Ng Ooi Hooi, President (S’pore and Regional Inv) over at Keppel Land.
” We are positive that the project’s superb attributes are going to remain to attract interest from probable homebuyers and even capitalists.”
The development’s transactions gallery attracted more than 9 thousand viewers over the 2 week show previously in January 2021.