{"id":112119,"date":"2019-11-04T09:41:19","date_gmt":"2019-11-04T02:41:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/216-sengkang-grand-residences-units-sold-at-launch-weekend\/"},"modified":"2019-11-04T10:05:10","modified_gmt":"2019-11-04T03:05:10","slug":"216-sengkang-grand-residences-units-sold-at-launch-weekend","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/216-sengkang-grand-residences-units-sold-at-launch-weekend\/","title":{"rendered":"216 Sengkang Grand Residences units sold at launch weekend"},"content":{"rendered":"<p>&#013;<br \/>\nSingaporeans accounted for the bulk of the buyers at 93%, while the remaining 7% were permanent residents and foreigners primarily from Malaysia, China, India and the Philippines. Photo: CDL<br \/>\nDevelopers CapitaLand and City Developments Limited (CDL) sold 216 of the 280 units released for sale at Sengkang Grand Residences during its launch weekend.<br \/>\nUnits at the 99-year leasehold development achieved an average price of about $1,700 per square foot (psf).<br \/>\nSingaporeans accounted for the bulk of the buyers at 93%, while the remaining 7% were permanent residents and foreigners primarily from Malaysia, China, India and the Philippines.<br \/>\nUnit sizes range from 474 sq ft for a one-bedroom plus study to 1,324 sq ft for a four-bedroom premium plus flexi unit.<br \/>\nPrices for a one-bedroom plus study unit start from $798,000 for, $998,000 for a two-bedder, $1.498 million for a three-bedder, and $2.1 million for a four-bedroom premium plus flexi unit.<br \/>\n\u201cThe robust take-up reflects a healthy demand for attractively-priced homes that are well-designed, well-located and well-connected to a comprehensive array of amenities,\u201d said Chia Ngiang Hong, group general manager at CDL.<\/p>\n<p><div class=\"googlemaps\">\n\t\t\t\t<iframe loading=\"lazy\" width=\"600\" height=\"500\" frameborder=\"0\" scrolling=\"no\" marginheight=\"0\" marginwidth=\"0\"  src=\"https:\/\/maps.google.com\/maps?q=sengkang%20grand%20residences&#038;t=&#038;z=13&#038;ie=UTF8&#038;iwloc=&#038;output=embed\"><\/iframe>\n\t\t\t<\/div><br \/>\n\u00a0<br \/>\n\u201cAs the first integrated community and lifestyle hub in the North-East region, Sengkang Grand Residences offers residents direct access to lifestyle conveniences and vibrant community living experience under one roof. We are confident that the project will continue to attract interest from prospective homebuyers and investors.\u201d<br \/>\nSituated at Compassvale Bow in district 19, the 680-unit development offers residents access to 300,000 sq ft of lifestyle and community conveniences via the hawker centre, the three-storey Sengkang Grand Mall, community plaza and community club.<br \/>\nResidents will also enjoy connectivity to a bus interchange and Buangkok MRT station as well as access to major expressways such as KPE and CTE.<br \/>\n\u201cWe are very encouraged by the strong response at the weekend launch of Sengkang Grand Residences. This points to the continued market demand for residences set within an integrated development,\u201d said Ronald Tay, chief executive officer of CapitaLand Singapore, Malaysia &amp; Indonesia (residential &amp; retail).<br \/>\n\u201cHomebuyers are drawn to the property\u2019s convenient location atop a transport hub and direct access to an exciting line-up of retail offerings at Sengkang Grand Mall, among other facilities and amenities.\u201d<br \/>\nMeanwhile,\u00a0Country Manager of PropertyGuru, Tan Tee Khoon, said: \u201cThe number of units sold in the launch weekend is a very positive sales result for a suburban location like Sengkang. The reputation of the two mega-developers and the fact that this is the first integrated development of its kind in the Northeast region are key contributing figures to its success.\u201d<br \/>\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.<br \/>\n\u00a0<br \/>\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg<br \/>\n\u00a0<br \/>\n&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.propertyguru.com.sg\/property-management-news\/2019\/11\/184118\/216-sengkang-grand-residences-units-sold-at-launch-weekend\" target=\"_blank\">216 Sengkang Grand Residences units sold at launch weekend<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Singaporeans accounted for the bulk of the buyers at 93%, while the remaining 7% were&#46;&#46;&#46;<\/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-112119","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-tan","jetpack-related-posts":[{"id":111858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sengkang-grand-residences-apartments-to-open-for-preview-on-friday-with-units-priced-from-798000\/","url_meta":{"origin":112119,"position":0},"title":"Sengkang Grand Residences apartments to open for preview on Friday, with units priced from $798,000","date":"October 24, 2019","format":false,"excerpt":"\r Located in Sengkang Central, the residential component comprises 680 residential units that are spread across nine blocks. Prices start from $798,000 for the one-bedroom with a study unit.\u00a0\u00a0 Property developers CapitaLand and City Developments Limited (CDL) are set to open Sengkang Grand Residences for public preview this Friday (25\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canninghill-piers-sells-77-of-its-units-over-launch-weekend\/","url_meta":{"origin":112119,"position":1},"title":"CanningHill Piers sells 77% of its units over launch weekend","date":"November 22, 2021","format":false,"excerpt":"\r CanningHill Piers sells 77% of its units over launch weekend538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse. Source: CDL CanningHill Piers along River Valley Road sold 538 units, or 77% of its 696\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/2021-press-release-canninghill-piers-day-main-1-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":106873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amber-park-sells-115-units-at-2425-psf\/","url_meta":{"origin":112119,"position":2},"title":"Amber Park Sells 115 Units At $2,425 psf","date":"May 6, 2019","format":false,"excerpt":"\r CDL described the take-up as \u201cthe strongest launch weekend sales for a freehold project this year\u201d. Amber Park \u2013 City Developments Limited (CDL) and Hong Realty\u2019s joint residential project in East Coast \u2013 moved 115 units or 77 percent of the 150 units released during its launch over the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/315-units-at-the-tapestry-sold-strong-turnout-at-park-place-residences-preview\/","url_meta":{"origin":112119,"position":3},"title":"315 units at The Tapestry sold, strong turnout at Park Place Residences preview","date":"March 26, 2018","format":false,"excerpt":"\r Launch crowd at The Tapestry showflat. (Photo: CDL) Two private condominium showflats opened their doors to property seekers over the weekend, attracting keen interest amid the improved market sentiment. The Tapestry by City Developments Limited (CDL) commenced sales on Saturday (24 Mar), while Phase 2 of Lendlease\u2019s Park Place\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/modest-sales-seen-at-two-new-launches\/","url_meta":{"origin":112119,"position":4},"title":"Modest sales seen at two new launches","date":"June 5, 2018","format":false,"excerpt":"\r Buyers balloting for units at Affinity at Serangoon. (Photo: Oxley Holdings) Two new project launches in the Serangoon area (District 19) reported modest Phase 1 sales over the weekend. Affinity at Serangoon sold 37 percent or 112 of the 300 units released, while The Garden Residences moved more than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/65-of-forest-woods-units-sold-at-launch\/","url_meta":{"origin":112119,"position":5},"title":"65% of Forest Woods units sold at launch","date":"October 10, 2016","format":false,"excerpt":"\r 337 of the 519 units at Forest Woods have been sold at an average price of $1,400 psf. Source: CDL Forest Woods, a condominium project by City Developments Limited (CDL), Hong Leong Holdings and TID, received a strong response during its launch over the weekend, with 337 of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112119"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112119"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}