The Reef At King’s Dock Sells Over 90% Of Units Released During Launch Weekend
The Reef at King’s Dock earned solid attention at the time of its debut saturday and sunday, with two hundred and eighty of the 3 hundred units released snapped up, exposed joint developers Mapletree Investments and Keppel Land.
Unit costs stretched in between $2K psf to $two thousand eight hundred psf, whilst the average cost placed at $2,330 psf.
” Because of the active need, another a hundred units were contributed to the preliminary 2 hundred units released,” reported the builders.
They noticed the fact that the desirable deals energy within the week end was specifically pushed “with active interest coming from an excellent mix of singles, young newlyweds including families, who got lured to the property’s key place and also variety offerings”.
SGPreans together with PR accounted for well over 90 % of customers, including a good blend of financiers and leaseholder occupier.
The Reef at King’s Dock saw a great merge of transactions for its single- to 3 bed room homes, achieving all of the one-bedders at the project fully closed.
The remaining units comprise a mix of superior 2- plus 3 bedder units in which are going to be issued in consecutive stages.
” We are reassured at the positive deals of The Reef at King’s Dock, that reflects the faith that discerning buyers possess in Mapletree and also Keppel Land in creating high-quality homes with observative facilities,” announced Ng Ooi Hooi, President (S’pore and Territorial Inv) with Keppel Land.
” We are sure in which the project’s impressive qualities will remain to captivate interest from prospective buyers and financiers.”
The property’s sales gallery enticed over nine thousand customers within its two-week viewing beforehand in Jan ’21.