CEL Development launching remaining units of Oasis @ Elias

CEL Development launching remaining units of Oasis @ Elias

02 July 2009 1958 hrs (SST) 1158 hrs (GMT)

SINGAPORE: CEL Development is launching the remaining units of its Oasis @ Elias condominium at Pasir Ris on Saturday.

Half of the 142 units previewed have been sold, at an average price of S$670 per square foot.

The units that have been sold included six of nine penthouses in the property.

Marketing agent CB Richard Ellis said HDB upgraders made up 80 per cent of the buyers.

The strong take-up rate reflects the current popularity of mass market private property among homebuyers.

The recently launched 8 @ Woodleigh condominium at Potong Pasir was fully sold within two weeks, while Vista Residences in Balestier has also seen a strong take-up rate for the units launched so far.

Oasis @ Elias is a 99-year leasehold property, and comprises six blocks of two to five-room apartments.

- CNA/yt