Jurong Lake District's latest condominium project, Sora, sold 102 - or 23.2 per cent of its total units as at 6pm on July 7 during its launch weekend.
The sold units went for an average selling price of $2,160 per sq ft (psf), said developers SingHaiyi and TK 189 Development.
Over the weekend, 320 of the total 440 units in the 99-year leasehold project were launched for sale.
Of the available units, more than 80 per cent of the one-bedroom units, which also include a study, were sold. Most of the remaining units sold were two-bedroom units or two-bedders with a study.
Mr Raymond Chia, chief executive of SingHaiyi, said that more than half the buyers are below 40 years old, which indicates "the rejuvenation of the area and the confidence in Sora's relevance and potential".
PropNex Realty CEO Ismail Gafoor said: "The launch weekend saw a healthy interest from buyers residing beyond the western areas. Only 30 per cent of the buyers are from Jurong and Clementi."
This story is from the July 09, 2024 edition of The Straits Times.
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This story is from the July 09, 2024 edition of The Straits Times.
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