The Reef At King’s Dock Sells Over 90% Of Units Released During Launch Weekend
The Reef at King’s Dock gained prospering interest over its commence week end, by having two hundred and eighty out of 3 hundred units launched bought, communicated collaborate builders Mapletree Investments and Keppel Land.
Home prices fluctuated between $2,000 psf and $2thousand 8hundred per square foot, whereas the typical rate remained on $2.33K per square ft.
” As a result of the powerful pursuit, some other one hundred units were included in the initial 200 homes launched,” reported the creators.
They indicated that the favorable sales energy during the weekend was generally motivated “with strong need coming from an effective blend of singles, young married couples including households, that were drawn to the property’s top area and myriad featurings”.
S’poreans and also permanent residents accounted for well over ninety % of owners, by having an effective merge of investors and also leaseholder occupier.
The Reef at King’s Dock discovered a great mix of sales for its single- to three bedroom units, by having every single the one-bedders at the development entirely offered.
The balance homes consist of a merge of premium two- and also three bedder units in which are going to be released in subsequent periods.
” We are strengthened by the desirable take-up of The Reef at King’s Dock, that shows the trust that selective homebuyers keep in Mapletree plus Keppel Land in presenting high-grade properties with thoughtful features,” mentioned Ng Ooi Hooi, President (S’pore and Territorial Investments) with Keppel Land.
” We are confident that the property’s fantastic characteristics are going to remain to lure enthusiasm from eventual buyers and also financiers.”
The project’s transactions showroom captivated around 9,000 prospects over the two-week preview earlier on in January 2021.