Lack of new projects in the area and a large pool of potential buyers looking to upgrade are among the reasons for strong performance
SOME 76 per cent of the 916 units at Chuan Park were sold on their launch weekend at an average price of S$2,579 per square foot (psf).
A total of 696 residential units of the 99-year leasehold development were sold, said a spokesperson from developer Kingsford Group in a Monday (Nov 11) morning update.
Chuan Park is a redevelopment of the former condo of the same name, which Kingsford Group purchased en bloc for S$890 million in May last year.
