{"id":115414,"date":"2020-04-06T09:50:04","date_gmt":"2020-04-06T02:50:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kopar-at-newton-sells-77-units-ahead-of-closure-order-for-showflats\/"},"modified":"2020-04-06T10:03:35","modified_gmt":"2020-04-06T03:03:35","slug":"kopar-at-newton-sells-77-units-ahead-of-closure-order-for-showflats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kopar-at-newton-sells-77-units-ahead-of-closure-order-for-showflats\/","title":{"rendered":"Kopar at Newton sells 77 units ahead of closure order for showflats"},"content":{"rendered":"


\nKopar At Newton sold 77 units ahead of the \u201ccircuit breaker\u201d measures on April 7. Photo: CEL Development.\u00a0
\nCEL Development has announced that it sold 77 units at Kopar at Newton condo during its launch over the weekend, reported The Business Times.
\nBefore its launch, the 378-unit, 99-year leasehold project off Newton Circus was previously priced at an average of $2,350 psf. But CEL Executive Director Michael Ng, said that the average psf price sold over the weekend has not been determined yet.\u00a0
\n\u201cWe have not had time to calculate the average per square foot price for the units sold over the weekend. Most of the units that have been sold are one and two-bedroom apartments,\u201d he said.
\nThe cheapest units transacted were a couple of one-bedders, transacted at $1.098 million each. A penthouse, measuring around 3,305 sq ft, was also sold for $7.88 million.
\n\u201cBuyers were predominantly Singapore citizens, although we also had some permanent residents and a few foreigners who are based here,\u201d added Ng.
\nJointly marketed by ERA, OrangeTee & Tie, PropNex and SRI, Kopar at Newton was the first project to be launched amid the tighter Covid-19 guidelines on crowd avoidance and ahead of the government\u2019s recently announced circuit-breaking moratorium which would see all showflats closed from 7 April to 4 May.
\nCEL opened the project for preview on 25 March, on a site adjacent to the actual location of the development.
\n\u201cWe had planned to begin sales on Good Friday. However, when we were informed last Friday that all showflats would have to be closed for one month from 7 April, we decided to bring forward the start of sales,\u201d said Ng.
\nKopar at Newton features two 23-storey towers, with units ranging from one- to five-bedroom apartments, with penthouses also offered.\u00a0
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\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…Kopar at Newton sells 77 units ahead of closure order for showflats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kopar At Newton sold 77 units ahead of the \u201ccircuit breaker\u201d measures on April 7....<\/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-115414","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-u1w","jetpack-related-posts":[{"id":116465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-drop-58-in-april\/","url_meta":{"origin":115414,"position":0},"title":"New private home sales drop 58% in April","date":"May 18, 2020","format":false,"excerpt":"\r Developers sold 277 new private homes in April, down 58% from the 660 units shifted in March. Photo: Kopar at Newton by CEL.\u00a0 With the implementation of circuit breaker measures from 7 April leading to the discontinuation of house viewings and closure of showflats, developers sold 277 new private\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kopar-at-newton-first-to-open-show-gallery-following-uras-viewing-by-appointment-advisory\/","url_meta":{"origin":115414,"position":1},"title":"Kopar at Newton first to open show gallery following URA\u2019s viewing by appointment advisory","date":"March 30, 2020","format":false,"excerpt":"\r Kopar At Newton, Chip Eng Seng\u2019s condominium project off Newton Circus, is the first project to open its sales gallery following the advisory released by Urban Redevelopment Authority\u2019s Controller of Housing (COH) on showflat viewings by appointments. \u00a0 This makes the 378-unit development the test case on how developers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-muted-in-q2-2020-but-buying-activity-to-increase-edmund-tie\/","url_meta":{"origin":115414,"position":2},"title":"Residential investment sales muted in Q2 2020, but buying activity to increase : Edmund Tie","date":"July 30, 2020","format":false,"excerpt":"\r Despite a muted market, the real estate consulting firm expects buying activity to increase, with new projects launching in the second half of 2020. The resale market is also expected to see stronger sales as viewings resume.\u00a0 Residential investment sales in Singapore were muted during the second quarter of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-homes-sales-to-hit-up-to-7000-this-year\/","url_meta":{"origin":115414,"position":3},"title":"New private homes sales to hit up to 7,000 this year","date":"July 17, 2020","format":false,"excerpt":"\r Despite the circuit breaker restrictions, sale activities still continued to happen in Q2 2020.\u00a0 While the enforcement of the circuit breaker measures disrupted real estate activities in Q2 2020, Knight Frank believes the progressive easing of the restrictions and resumption of economic activities will contribute to a pickup in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-in-february-soar-114-3-year-on-year-despite-virus-outbreak\/","url_meta":{"origin":115414,"position":4},"title":"New private home sales in february soar 114.3% year-on-year despite virus outbreak","date":"March 17, 2020","format":false,"excerpt":"\r The M, a new launch in February, accounted for the bulk of new sales volume at 39%, or 380 units.\u00a0 Despite the COVID-19 outbreak and the Lunar New Year lull, new private home sales in Singapore soared 114.3% to 975 units in February from 455 units over the same\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/300-jadescape-units-sold-at-weekend-launch\/","url_meta":{"origin":115414,"position":5},"title":"300 JadeScape units sold at weekend launch","date":"September 24, 2018","format":false,"excerpt":"\r Buyers waiting for their numbers to be called during the balloting process at JadeScape\u2019s showflat. 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