02 Jul '18, 2am

All units at The Verandah Residences sold

Launched on April 7, all 170 units at The Verandah Residences have been sold in just slightly over 3 months, netting the developers $248.8 million. Oxley Holding’s first project launched in 2018 sold out The Verandah Residences Developed by Oxley Holdings , the private condominium located at 231 Pasir Panjang Road consists of 167 apartment blocks in 4 five-storey blocks and 3 strata houses. The average selling price here was $1,795 psf. The 89,620 sq ft site was purchased by the developer last year for $964 psf ppr. The positive response from buyers might be due to the property’s good location. It is situated near both the Haw Par Villa and Pasir Panjang MRT stations and in close proximity to a number of malls such as Vivocity, Star Vista, and Holland Village. Recreational areas such as the resort island of Sentosa, Kent Ridge Park, and The Southern Ridges are also just a ...

Full article: https://www.iproperty.com.sg/news/all-units-at-the-verand...

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