PRIVATE residential development Verdale sold 50 per cent of the 78 units launched on Saturday, in a project jointly developed by China Overseas Land & Investment Limited (COLI) Singapore and CSC Land Group (Singapore). Read more at The Business Times.
PRIVATE residential development Verdale sold 50 per cent of the 78 units launched on Saturday, in a project jointly developed by China Overseas Land & Investment Limited Singapore and CSC Land Group .
Sales were carried out through a pre-balloting procedure where buyers were given a pre-allocated time slot on the launch day of Sept 19 to proceed to the showflat for booking. Sales carried out following the initial launch day were by appointment only. The developers said that sales momentum was driven by a mix of demand from buyers in the immediate vicinity and other districts who were drawn to the presence of nearby nature parks, as well as the potential and heightened connectivity of the future Beauty World Integrated Transport Hub .
Interest was also seen from HDB upgraders from the surrounding areas and empty nesters looking to downsize while still being close to their children, with buyers comprising young working professionals, investors, young couples and multi-generational families. About 95 per cent of the buyers from the first weekend of sales were Singaporeans and permanent residents. Units were sold across unit types from one-bedroom to four-bedroom.
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