Weekend condo launches well-received by owner-occupiers

Both the private residential projects which launched last weekend received promising responses from the public.

Parc Clematis and Luxus Hills both reported brisk sales over the weekend.

Private condo and landed housing launches well-received

Luxus Hills.

Luxus Hill is a landed development in Seletar Hills Estate and developer Bukit Sembawang has already sold 71 of the 78 homes in the project during the preview.

During its preview, 32 homes were sold within the first day. This prompted the developer to release the remaining 46 units.

The 999-year leasehold development consists of 58 intermediate terraces, 10 corner terraces and 10 semi-detached houses.

Prices for the homes ranged from $3.058 million to $4.2 million with sizes ranging from 3,757 sq ft to 3,810 sq ft for intermediate terraces, and 3,541 sq ft to 3,671 sq ft for corner terraces and semi-detached units.

Bukit Sembawang has noted that most of the buyers were multi-generational families, aged between 30 to 60 years old.

About 95% of the buyers were owner-occupiers and 75% opted for the deferred payment scheme.

Luxus Hills.

They have a variety of payment plans such as the Stay and Pay Scheme which allows buyers to move in upon making just 20% of the down payment, or the Reservation Scheme which allows buyers to reserve units for a 10% deposit and pay the rest of by 2021.

One-bedder and Dual-key units popular at Parc Clematis

50m Lap Pool and Private Garden. Parc Clematis condo. Picture: SingHaiYi

Over at Parc Clematis in Clementi, approximately 70% of the 456 units released were sold within the first day of the launch.

The average selling prices were about $1,580 psf. Parc Clematis is a 99-year leasehold property and the development consists of not only one- to five-bedroom apartments but also larger strata landed houses.

Beach styled Main Pool. Parc Clematis Condo. Picture: SingHaiYi

The sizes of the units range from 452 sq ft for a one-bedroom unit to 2,699 sq ft for a five-bedroom penthouse and 2,659 sq ft for landed terrace units and 3,832 sq ft for the bungalow units.

According to the developer, SingHaiyi, almost half of the units sold were one-bedders and dual-key units.

Prices started from $699,000 for a one-bedroom unit to $1.05 million for a 2-bedder and $1.32 million for a 3-bedder.

See moreParc Clematis Attracts Strong Sales on Launch Day