20 Feb '17, 4am

Strong interest from buyers, with 10,000 people turning up at its showflat over the weekend

Artist’s impression of Grandeur Park Residences, a new condominium in Tanah Merah. Source: CEL Development Grandeur Park Residences , CEL Development’s latest condominium in Tanah Merah, received very strong interest from buyers, with 10,000 people turning up at its showflat over the weekend, reported the Straits Times . With sales set to start on 4 March, the average price at the 720-unit project stands at around $1,350 psf. Almost 50 percent of its units are two-bedders, which cost from about $700,000. The project’s location – about a five-minute walk from Tanah Merah MRT station – proved to be a major draw for potential buyers. “It is really near the MRT (station) and has good investment and rental potential,” said S.Y. Leung, who submitted his cheque on Saturday as an expression of interest. Clara Fong, a 27-year-old finance professional, submitted a cheque as she is “...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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