Freehold Meyer Blue condo sells half of units at average price of $3,260 psf at launch

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Market watchers attributed the robust sales to the project's location and a tight supply of homes in the area.

Of the 114 units sold, more than 77 per cent were two and three-bedroom units, sized from 667 sq ft to 1,141 sq ft, said PropNex chief executive officer Ismail Gafoor.

This tracks with the area’s general home-buying trend, said Nicholas Mak, chief research officer at Mogul.sg.In the past year, 83.8 per cent of condos in District 15 were purchased by locals and 14.2 per cent by permanent residents.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Land Homes Buyers Area Gafoor Launch Million Cent Meyer Market Units

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 08:39:31 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 834 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 22915252

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