reporter2
01-04-22, 11:40
Kopar At Newton close to 70% sold, developer sales reach new high of $2,667 psf
April 1, 2022
https://i.imgur.com/UzTL950.jpg
Several new and existing private residential developments reached new psf price highs for the period of March 15 to 19. The highest peak occurred at Kopar At Newton when a 689 sq ft, two-bedroom unit was sold by the developer for $1.84 million ($2,667 psf) on March 19.
Kopar At Newton is a 378-unit luxury condo that is being developed by Chip Eng Seng’s property arm, CEL Development. The 99-year leasehold project was initially launched for sale in April 2020. The project is located along Kampong Java Road, off Bukit Timah Road in prime District 9.
The developer was able to sell 77 units on its first day of sales on April 4, and achieved an average price of $2,350 psf. Since then, sales at Kopar At Newton have been consistent. According to EdgeProp’s research tools analysing developer’s sales data, the project has seen a cumulative take-up rate of about 69% by end-February 2022.
https://i.imgur.com/I65AMxY.jpg
Last year, the highest psf price for a unit at Kopar At Newton that was sold by the developer was $2,651, and it is a 613 sq ft unit that fetched $1.63 million on Dec 3. This year, the second highest price for a developer unit involved the sale of a 613 sq ft unit for $1.63 million ($2,666 psf) on Jan 20.
https://i.imgur.com/LogIoDU.png
A 1,001 sq ft unit at Angullia Park Residences @ Orchard set a new psf-price high for the freehold development when it was sold for $2.65 million, or $2,647 psf, on March 16. Based on URA caveats, the previous psf record at the condo was $2,301, when a 936 sq ft unit was sold for $2.15 million in November 2019.
Read more at: https://www.edgeprop.sg/property-news/kopar-newton-close-70-sold-developer-sales-reach-new-high-2667-psf
April 1, 2022
https://i.imgur.com/UzTL950.jpg
Several new and existing private residential developments reached new psf price highs for the period of March 15 to 19. The highest peak occurred at Kopar At Newton when a 689 sq ft, two-bedroom unit was sold by the developer for $1.84 million ($2,667 psf) on March 19.
Kopar At Newton is a 378-unit luxury condo that is being developed by Chip Eng Seng’s property arm, CEL Development. The 99-year leasehold project was initially launched for sale in April 2020. The project is located along Kampong Java Road, off Bukit Timah Road in prime District 9.
The developer was able to sell 77 units on its first day of sales on April 4, and achieved an average price of $2,350 psf. Since then, sales at Kopar At Newton have been consistent. According to EdgeProp’s research tools analysing developer’s sales data, the project has seen a cumulative take-up rate of about 69% by end-February 2022.
https://i.imgur.com/I65AMxY.jpg
Last year, the highest psf price for a unit at Kopar At Newton that was sold by the developer was $2,651, and it is a 613 sq ft unit that fetched $1.63 million on Dec 3. This year, the second highest price for a developer unit involved the sale of a 613 sq ft unit for $1.63 million ($2,666 psf) on Jan 20.
https://i.imgur.com/LogIoDU.png
A 1,001 sq ft unit at Angullia Park Residences @ Orchard set a new psf-price high for the freehold development when it was sold for $2.65 million, or $2,647 psf, on March 16. Based on URA caveats, the previous psf record at the condo was $2,301, when a 936 sq ft unit was sold for $2.15 million in November 2019.
Read more at: https://www.edgeprop.sg/property-news/kopar-newton-close-70-sold-developer-sales-reach-new-high-2667-psf