Hong Leong’s Kassia freehold condo sells 52% of 276 units on launch weekend

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The Straits Times 3h ago

Hong Leong’s Kassia freehold condo sells 52% of 276 units on launch weekend - The Straits Times

Quick Summary:

Industry watchers cite attractive’ prices of the freehold development.

Even as buyers scooped up almost 70 per cent of Kassia’s one-bedroom and one-bedroom plus study units, he noted that the supply of one-bedroom units has dwindled since the Urban Redevelopment Authority implemented a minimum dwelling size in 2018.

PropNex chief executive officer Ismail Gafoor said: “Following the first half of 2024 that was marked by relatively placid new home sales, the strong performance at Kassia is like a breath of fresh air and will hopefully generate a little more buzz in the market.