{"id":44788,"date":"2017-02-20T10:17:55","date_gmt":"2017-02-20T03:17:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/overwhelming-crowds-reported-at-grandeur-park-residences-preview\/"},"modified":"2017-02-20T10:21:52","modified_gmt":"2017-02-20T03:21:52","slug":"overwhelming-crowds-reported-at-grandeur-park-residences-preview","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overwhelming-crowds-reported-at-grandeur-park-residences-preview\/","title":{"rendered":"Overwhelming crowds reported at Grandeur Park Residences preview"},"content":{"rendered":"


\nArtist\u2019s impression of Grandeur Park Residences, a new condominium in Tanah Merah. Source: CEL Development
\nGrandeur Park Residences, CEL Development\u2019s latest condominium in Tanah Merah, received very strong interest from buyers, with 10,000 people turning up at its showflat over the weekend, reported the Straits Times.
\nWith sales set to start on 4 March, the average price at the 720-unit project stands at around $1,350 psf. Almost 50 percent of its units are two-bedders, which cost from about $700,000.
\nThe project\u2019s location \u2013 about a five-minute walk from Tanah Merah MRT station \u2013 proved to be a major draw for potential buyers.
\n\u201cIt is really near the MRT (station) and has good investment and rental potential,\u201d said S.Y. Leung, who submitted his cheque on Saturday as an expression of interest.
\nClara Fong, a 27-year-old finance professional, submitted a cheque as she is \u201c50 percent\u201d sure of the project.
\n\u201cWe are considering other new condo launches, but the location of this project is really good, even if it is further from the central business district compared to other upcoming condo launches,\u201d she said.
\nSeaside Residences in Siglap and Park Place Residences at Paya Lebar Quarter are expected to be launched between March and April.
\nMeanwhile, Chng Chee Beow, Executive Director of CEL Development, attributed the healthy response to pent-up demand, given that no new projects have been launched in the area over the past three years.
\n\u201cWe expected a good response, but today it\u2019s overwhelming. About 60 percent of units are one- and two-bedders, and a lot of people are attracted\u2026 because of the (price) quantum.\u201d
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Overwhelming crowds reported at Grandeur Park Residences preview<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of Grandeur Park Residences, a new condominium in Tanah Merah. Source: CEL Development...<\/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-44788","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-bEo","jetpack-related-posts":[{"id":46827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grandeur-park-residences-sells-420-units-at-weekend-launch\/","url_meta":{"origin":44788,"position":0},"title":"Grandeur Park Residences sells 420 units at weekend launch","date":"March 6, 2017","format":false,"excerpt":"\r Strong sales have been recorded at the first two private condo launches this year. Image source: CEL Development\u00a0 \u00a0 Grandeur Park Residences in Tanah Merah sold 58 percent, or 420 of its 720 units at an average price of $1,350 psf during its first weekend launch, reported the Straits\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-highly-anticipated-condos-to-launch-in-coming-weeks\/","url_meta":{"origin":44788,"position":1},"title":"Two highly anticipated condos to launch in coming weeks","date":"February 10, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Grandeur Park Residences, a new condominium in the east. Source: CEL Development\u00a0 Following the Chinese New Year lull period, developers are gearing up to launch two private residential projects in Singapore. One of them is The Clement Canopy, the first condominium to be launched this year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-kechil-link-site-launched-with-longer-tender-period\/","url_meta":{"origin":44788,"position":2},"title":"Tanah Merah Kechil Link site launched, with longer tender period","date":"May 29, 2020","format":false,"excerpt":"\r Analysts say that the site is expected to get a good amount of interest, due to its locational attributes and affordable quantum.\u00a0 A residential with commercial at first storey site located at Tanah Merah Kechil Link has been launched for sale by public tender under the Confirmed List of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/05\/Tanah-Merah-Kechil-Link-URA.png?fit=600%2C459&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8225,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tanah-merah-site-awarded\/","url_meta":{"origin":44788,"position":3},"title":"Tanah Merah site awarded","date":"February 29, 2016","format":false,"excerpt":"\r Map of the Tanah Merah residential site. Source: URA The Urban Redevelopment Authority (URA) on Friday (26 Feb) awarded the tender for a residential site at New Upper Changi Road\/Bedok South Avenue 3 (Parcel B) to CEL Residential Development, a subsidiary of Chip Eng Seng Corporation. Launched for sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Aerial-view-of-the-site-at-Tanah-Merah..jpg?fit=530%2C307&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":107156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parc-komo-in-changi-opens-for-preview-this-weekend\/","url_meta":{"origin":44788,"position":4},"title":"Parc Komo in Changi opens for preview this weekend","date":"May 16, 2019","format":false,"excerpt":"\r Parc Komo is pipped to be the most affordable freehold project with an average price of $1,450 psf. The Parc Komo mixed-use development in Changi will open for preview this Saturday (May 18), said its developer CEL Development. Sitting on a 202,000 sq ft freehold site, the project is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-project-launches-set-to-boost-home-sales\/","url_meta":{"origin":44788,"position":5},"title":"Four project launches set to boost home sales","date":"January 31, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Park Place Residences at Paya Lebar Quarter. New private home sales are expected to get a boost with four project launches expected by April, reported the Straits Times. These are Clement Canopy in Clementi by Singland Homes and UOL Group; Park Place Residences at Paya Lebar\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44788"}],"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=44788"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44788\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}