{"id":123484,"date":"2021-11-29T03:47:14","date_gmt":"2021-11-28T20:47:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-commodore-sells-more-than-70-of-units-over-launch-weekend\/"},"modified":"2021-11-29T12:11:29","modified_gmt":"2021-11-29T05:11:29","slug":"the-commodore-sells-more-than-70-of-units-over-launch-weekend","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-commodore-sells-more-than-70-of-units-over-launch-weekend\/","title":{"rendered":"The Commodore sells more than 70% of units over launch weekend"},"content":{"rendered":"


\n162\u00a0out of 219 The Commodore units were sold over its launch weekend,\u00a0with all\u00a0one- and two-bedroom units\u00a0being fully sold. Source:\u00a0JBE Holdings
\nThe Commodore, JBE Holdings\u2019 latest residential development near Canberra MRT, sold over 70% of its 219 units during its launch weekend.
\nIn a release, the developer revealed that buyers snapped up 162 units as of 6.00pm on Saturday (27 November).
\nThe 99-year leasehold development features six five-storey blocks, with units ranging from one- to five-bedroom apartments, including four penthouses of four- to five-bedders with private lifts.
\nOne-bedroom units were sold from $700,000 and $920,000 for two-bedders. Three-bedroom units, on the other hand, were sold from below $1.4 million, below $1.7 million for four-bedders and below $2.4 million for five-bedders.
\n\u201cAll unit types were well received, with the strongest interest displayed particularly for the one- and two-bedroom units, which were fully sold,\u201d said JBE Holdings.
\nSingaporeans accounted for 93% of the buyers, and 59% are below 40 years old, indicating a rising aspiration among young buyers to own private homes.
\n\u201cApart from HDB upgraders, we are also seeing a growing number of young couples and singles booking the unit. They were attracted by the one- and two-bedroom units as they found the price affordable for starting their property journey, either for investment or their own stay,\u201d said Doris Ong, Deputy Chief Executive Officer of ERA Singapore, which is the development\u2019s exclusive marketing agent.
\nERA Singapore CEO Marcus Chu attributed the hot demand for the project to various factors such as its proximity to MRT station and to the integrated sports and community\u00a0hub, Bukit Canberra.
\n\u201cWe are extremely pleased with the great demand during the launch weekend,\u201d said Patrick Lam, Director and Founder of JBE Holdings.
\n\u201cUnderstanding our customers\u2019 needs is of the utmost importance, and we are focused on giving them quality and good value property that they can be proud of. The Commodore is a home that has it all \u2013 from premium fittings and finishes, an array of facilities catered to today\u2019s lifestyle demands, to nearby amenities and connectivity.\u201d
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…The Commodore sells more than 70% of units over launch weekend<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

162\u00a0out of 219 The Commodore units were sold over its launch weekend,\u00a0with all\u00a0one- and two-bedroom...<\/p>\n","protected":false},"author":1,"featured_media":123485,"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-123484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/The-Commodore-JBE-HOLDINGS.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w7G","jetpack-related-posts":[{"id":87273,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/85-of-twin-vew-units-sold-over-weekend-launch\/","url_meta":{"origin":123484,"position":0},"title":"85% of Twin Vew units sold over weekend launch","date":"May 7, 2018","format":false,"excerpt":"\r Thousands of buyers turned up for the balloting exercise at the showflat. (Photo: CSC Land) CSC Land\u2019s Twin Vew condominium in West Coast Vale sold 85 percent or 442 of the total 520 units during the weekend launch (5-6 Apr). 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Jointly developed by COLI Singapore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/large-crowd-at-jadescape-condo-before-official-launch\/","url_meta":{"origin":123484,"position":4},"title":"Large crowd at JadeScape condo before official launch","date":"September 10, 2018","format":false,"excerpt":"\r Close to 9,000 visitors turned up at the sales gallery of JadeScape condo over the weekend. 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