{"id":62962,"date":"2017-08-07T10:39:41","date_gmt":"2017-08-07T03:39:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/280-units-at-le-quest-sold-within-hours-of-launch\/"},"modified":"2017-08-07T10:40:15","modified_gmt":"2017-08-07T03:40:15","slug":"280-units-at-le-quest-sold-within-hours-of-launch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/280-units-at-le-quest-sold-within-hours-of-launch\/","title":{"rendered":"280 units at Le Quest sold within hours of launch"},"content":{"rendered":"


\nBuyers waiting to book their units at Le Quest. (Photo Qingjian Realty)
\nThe Le Quest at Bukit Batok opened for sales on Saturday (5 August), with the residential units attracting strong interest from buyers.
\nA total of 280 of the project\u2019s 516 units (54 percent) were sold on the first day, an oversubscription as only 200 units were initially released for sale.
\nAccording to developer Qingjian Realty, the units were transacted at an average of $1,280 psf. The studio and one- to three-bedroom units sized from 431 sq ft to 1,206 sq ft were the most popular among buyers. There are also four-bedders available from 1,130 sq ft to 1,528 sq ft.
\nIn addition, the mixed-use development will have over 64,583 sq ft of commercial space comprising F&B outlets and retail units.
\nSEE ALSO:\u00a0Chinese developer Qingjian plants flag in Bukit Batok
\nHome buyer Chen Si, 26, was one of the first to purchase a unit. \u201cI plan to stay at Le Quest with my parents. We are drawn to the prospect of living close to new developments like the Jurong Lake District and Tengah. The price is reasonable considering the convenience of having everything we need in the development.\u201d
\nAnother buyer William Yeo, 37, an auditor based in Vietnam said: \u201cI flew in two weeks ago to preview Le Quest and really liked what I saw. While I intend to stay here with my family, I also want a property that has high growth potential.\u201d
\nProperty analysts were not surprised about the enthusiastic response.
\n\u201cNot many new developments are expected to launch in the area in the short term, so that is definitely a main factor in buyers\u2019 consideration,\u201d said Alan Cheong, Senior Director of Research & Consultancy at Savills.\u00a0
\nMohamed Ismail, CEO of PropNex Realty added: \u201cIts Bukit Batok location is a huge draw with its proximity to up-and-coming projects like the Singapore-KL High Speed Rail Terminus and the rejuvenation by the Urban Redevelopment Authority\u2019s Master Plan.\u201d
\nDetails on the next phase of sales will be announced later, said Qingjian. The 99-year leasehold project is expected to be completed by end-2021.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…280 units at Le Quest sold within hours of launch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers waiting to book their units at Le Quest. (Photo Qingjian Realty) The Le Quest...<\/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-62962","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-gnw","jetpack-related-posts":[{"id":87469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/le-quest-phase-2-preview-to-open-on-saturday\/","url_meta":{"origin":62962,"position":0},"title":"Le Quest Phase 2 preview to open on Saturday","date":"May 9, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the Le Quest mixed-use development in Bukit Batok. (Photo: Qingjian Realty) Smart homes developer Qingjian Realty will open the showflat of Le Quest at Bukit Batok Avenue 8 for the Phase 2 preview this Saturday (12 May). First launched for sale last August, the project saw\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-qingjian-plants-flag-in-bukit-batok\/","url_meta":{"origin":62962,"position":1},"title":"Chinese developer Qingjian plants flag in Bukit Batok","date":"July 24, 2017","format":false,"excerpt":"\r Strong turnout at preview of Le Quest. (Photo: Qingjian Realty) The Le Quest in Bukit Batok attracted a crowd of potential buyers on the first weekend of preview. 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Set to be completed in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/le-quest-set-for-success\/","url_meta":{"origin":62962,"position":3},"title":"Le Quest set for success","date":"October 31, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the Le Quest mixed-use development in Bukit Batok. Source: Qingjian Realty Special Advertising Feature Renowned Chinese developer Qingjian Realty is making its mark in Bukit Batok with the launch of Le Quest \u2013 the first mixed-use development in the estate. Since it was first launched in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/10\/Le-Quest-by-Qingjian-Realty-wins-Best-Mixed-Use-Development-Award.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":88821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/70-units-at-le-quest-sold-on-first-day-of-phase-2-sales\/","url_meta":{"origin":62962,"position":4},"title":"70 units at Le Quest sold on first day of Phase 2 sales","date":"May 21, 2018","format":false,"excerpt":"\r Buyers queuing to select their units at the Phase 2 launch of Le Quest on Saturday. (Photo: Qingjian Realty) Le Quest, a mixed-use development by Qingjian Realty in Bukit Batok, saw 70 units sold during the first day of Phase 2 sales on Saturday (19 May). The developer released\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/le-quest-to-launch-phase-2-sales-this-weekend\/","url_meta":{"origin":62962,"position":5},"title":"Le Quest to launch Phase 2 sales this weekend","date":"May 14, 2018","format":false,"excerpt":"\r Potential buyers at the re-opening of Qingjian Realty\u2019s Le Quest showflat last Saturday. (Photo: Qingjian Realty) Chinese developer Qingjian Realty reopened the showflat of Le Quest at Bukit Batok Avenue 8 for the Phase 2 preview last Saturday (12 May) to an \u201centhusiastic market response\u201d. \u201cWe had many visitors\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\/62962"}],"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=62962"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62962\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}