{"id":47827,"date":"2017-03-13T10:44:52","date_gmt":"2017-03-13T03:44:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/brisk-sales-at-inz-residence-interest-brewing-at-park-place-residences\/"},"modified":"2017-03-13T11:01:42","modified_gmt":"2017-03-13T04:01:42","slug":"brisk-sales-at-inz-residence-interest-brewing-at-park-place-residences","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brisk-sales-at-inz-residence-interest-brewing-at-park-place-residences\/","title":{"rendered":"Brisk sales at iNz Residence, interest brewing at Park Place Residences"},"content":{"rendered":"


\nA large crowd turned up for the preview of Park Place Residences over the weekend. (Photo: Lendlease)
\nQingjian Realty\u2019s 497-unit iNz Residence, the first executive condominium (EC) to launch in Singapore this year, sold around 170 units on the first day of booking last Saturday (11 March).
\n\u201cSales at iNz Residence is off to a brisk start,\u201d said Li Jun, Executive Director at Qingjian Realty.
\nIn particular, the five-bedroom maisonettes were fully sold, while 70 percent of the four-bedders were taken up. This indicates strong demand for bigger living spaces, with both unit types accounting for more than 60 percent of sales. In addition, over 80 percent of the buyers opted for the smart home packages.
\nPrices of the five-bedders range from $1,188,000 to $1,321,000, while the four-bedroom and two-bedroom units start from $818,000 and $490,000 respectively.
\nFirst-time buyers Dominic Siew and Jade Lim who are in their early 30s were among the first to choose their unit. \u201cThe price is definitely reasonable, given the location of iNz Residence, the quality of the home fixtures, and the smart lifestyle.\u201d
\n\u201cWe especially like the video intercom system, which will really enhance our home security,\u201d said the couple, who purchased a three-bedroom unit with the deluxe smart home package.
\nMeanwhile, the 429-unit Park Place Residences at Paya Lebar Quarter (PLQ) saw an influx of potential buyers following the opening of its showflat over the weekend.
\n\u201cThe response to our showsuite this past weekend has been overwhelming\u2026 It confirms the quality attributes and value of the location and development,\u201d said Tony Lombardo, CEO for Lendlease in Asia, the project\u2019s developer.
\nAmong the prospective buyers is Debbie Lam, 31, who is considering to invest in a one-bedroom unit following the easing of the property cooling measures.
\n\u201cPark Place Residences at PLQ\u2019s attractive features stand out to me. It looks like a very nice project,\u201d she said.
\nSeparately, 45-year-old Kelvin Suen deposited his cheque for a unit. \u201cThe latest announcement on the property cooling measures was a very good deciding factor for me to go ahead with my purchase. I think the condominium\u2019s strategic location, and the fact that it is part of an integrated development, make for good investment potential,\u201d he said.
\nPotential buyers can still submit their expressions of interest for Park Place Residences as the showflat will remain open until 20 March, with the official launch set for 25 March.
\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…Brisk sales at iNz Residence, interest brewing at Park Place Residences<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A large crowd turned up for the preview of Park Place Residences over the weekend....<\/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-47827","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-crp","jetpack-related-posts":[{"id":45220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qingjian-realty-to-launch-internet-ready-ec\/","url_meta":{"origin":47827,"position":0},"title":"Qingjian Realty to launch internet-ready EC","date":"February 23, 2017","format":false,"excerpt":"\r Artist\u2019s impression of iNz Residence in Choa Chu Kang, the first EC to launch in 2017. Source: Qingjian Realty\u00a0 Chinese developer Qingjian Realty, through its smart home solutions provider hiLife Interactive, has teamed up with Singtel to launch iNz Residence, the first internet-ready executive condominium in Singapore. With this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46017,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-450-e-applications-received-for-inz-residence\/","url_meta":{"origin":47827,"position":1},"title":"About 450 e-applications received for iNz Residence","date":"February 27, 2017","format":false,"excerpt":"\r View of one of the show units at the iNz Residence sales gallery. (Photo: Qingjian Realty) iNz Residence, Singapore\u2019s first executive condominium (EC) project with internet-ready smart homes, attracted keen interest during its opening weekend, with more than 1,800 people visiting its sales gallery and 450 e-applications received. Most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qingjian-realty-takes-smart-living-up-a-notch-with-jadescape\/","url_meta":{"origin":47827,"position":2},"title":"Qingjian Realty takes smart living up a notch with JadeScape","date":"November 7, 2018","format":false,"excerpt":"\r A five-bedroom showunit at Qingjian Realty\u2019s JadeScape sales gallery. \u00a0 Special Advertising Feature The way we live is about to change dramatically. JadeScape is a private residential development that will house Singapore\u2019s first fully-smart private homes. 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As a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71252,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-named-as-top-local-developer-in-propertyguru-awards\/","url_meta":{"origin":47827,"position":5},"title":"GuocoLand named as top local developer in PropertyGuru awards","date":"November 8, 2017","format":false,"excerpt":"\r Tanjong Pagar Centre, named as Singapore\u2019s Best Green Development at the PropertyGuru Asia Property Awards. 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