{"id":110407,"date":"2019-09-02T10:38:52","date_gmt":"2019-09-02T03:38:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/91-of-luxus-hills-sold-on-preview\/"},"modified":"2019-09-02T11:07:57","modified_gmt":"2019-09-02T04:07:57","slug":"91-of-luxus-hills-sold-on-preview","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/91-of-luxus-hills-sold-on-preview\/","title":{"rendered":"91% of Luxus Hills sold on preview"},"content":{"rendered":"


\nAll 32 homes offered for sale during the first day of preview on 30 August (Friday) were immediately snapped up by buyers, forcing the developer to release the remaining 46 units for sale. Unit prices ranged from $3.058 million to $4.2 million.
\nBukit Sembawang Estates\u2019 Luxus Hills (Signature Collection) witnessed robust interest during its preview weekend, with 91 percent or 71 out of its 78 units sold.
\nThis comes as all 32 homes offered for sale during the first day of preview on 30 August (Friday) were immediately snapped up by buyers, forcing the developer to release the remaining 46 units for sale. Unit prices ranged from $3.058 million to $4.2 million.
\nBukit Sembawang revealed that 95 percent of buyers acquired homes for their own occupation, while 76 percent were aged between 30 and 60 years old \u2013 indicating interest from multigenerational families.
\nAbout 75 percent of buyers availed of the flexible deferred payment schemes offered by the developer.
\n\u201cWe are heartened by the positive response for the Luxus Hills (Signature Collection). Buyers were largely attracted to Luxus Hills because of the large living spaces offered by these rare landed 999-year homes in a family-friendly environment,\u201d said Ho Jenny, general manager (Marketing) at Bukit Sembawang Estates Limited.
\n\u201cOur flexible payment schemes with the option for immediate occupancy also proved popular with buyers who could then comfortably plan their move-in and financing timelines.\u201d
\nThe Stay & Pay scheme enables homebuyers to move in right away after paying a 20 percent down payment. The Reservation Scheme, on the other hand, allows buyers to reserve their preferred unit with a 10 percent deposit.
\nBukit Sembawang added that majority of the buyers currently live within immediate Districts 19 and 28.
\n\u201cWe are thankful to be able to secure a home at Luxus Hills as we really love the place. It is a familiar area for us, and we are glad to own a place where all three generations of our family can live together and call it home,\u201d said a buyer who wanted to be known only as Mr Yeo.
\nThe 999-year leasehold landed development in Seletar Hills Estate comprises 58 intermediate terraces, 10 corner terraces and 10 semi-detached homes. Plot areas start from 150 sq m to 274 sq m, while built-up areas range between 329 sq m and 354 sq m.
\n\u201cLuxus Hills is a completed project by well-known local developer Bukit Sembawang that is well-priced and comes with very attractive and flexible payment schemes. These are very compelling reasons for Singaporean home buyers to purchase the landed homes,\u201d said Eugene Lim, key executive officer at ERA Realty.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…91% of Luxus Hills sold on preview<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

All 32 homes offered for sale during the first day of preview on 30 August...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110407","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sIL","jetpack-related-posts":[{"id":114465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/64-of-luxus-hills-units-sold-during-private-preview\/","url_meta":{"origin":110407,"position":0},"title":"64% of Luxus Hills units sold during private preview","date":"February 24, 2020","format":false,"excerpt":"\r The final phase of the development saw 64% of its units sold through a limited release.\u00a0 Following private previews, Bukit Sembawang Estates Limited sold over 64% or 25 out of the 39 units at the Luxus Hills (Contemporary Collection). The final phase of the property developer\u2019s 999-year leasehold development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxus-hills-to-offer-limited-collection-of-999-year-landed-homes\/","url_meta":{"origin":110407,"position":1},"title":"Luxus Hills To Offer Limited Collection Of 999-year Landed Homes","date":"August 28, 2019","format":false,"excerpt":"\r Bukit Sembawang Estates Limited will preview Luxus Hills, a limited collection of 999-year leasehold landed homes on 30 August. The 78-unit development comprises 58 intermediate terraces, 10 corner terraces and 10 semi-detached homes. Plot areas range between 150 sq m and 274 sq m, while built-up areas start from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/08\/Luxus-Hills-Signature-Collection-Living-Room-Actual-Photo.jpg?fit=810%2C499&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":114664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxus-hills-contemporary-collection-the-m-buck-cautious-sentiment\/","url_meta":{"origin":110407,"position":2},"title":"Luxus Hills (Contemporary Collection), The M buck cautious sentiment","date":"March 3, 2020","format":false,"excerpt":"\r The M and Luxus Hills (Contemporary Collection) both sold well despite the COVID-19 outbreak. Photo: Bukit Sembawang Estates Two property projects in Singapore bucked the cautious sentiment brought about by the COVID-19 outbreak, with Luxus Hills completely sold out, while The M saw another 32 units snapped up. Bukit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rare-sea-facing-landed-homes-to-launch-in-sembawang\/","url_meta":{"origin":110407,"position":3},"title":"Rare sea-facing landed homes to launch in Sembawang","date":"May 22, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Watercove, an 80-unit freehold strata landed project. Image source: Bukit Sembawang Estates A new freehold strata landed housing development located next to Sembawang Park at the end of Sembawang Road is expected to go on sale soon. 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