28 Mar '17, 3am

215 units of the 429-unit development were snapped up.

215 units of the 429-unit development were snapped up.

PARK Place Residences at PLQ , a Lendlease high-rise condominium project, took off with brisk deals on its first day of sales on Saturday. By the end of the day, 215 units of the 429-unit development were snapped up - representing over 100 per cent of the planned Phase One sales. This made the condominium one of the most successful private condominium launches in recent years. It was the third one to hit the market this year, after The Clement Canopy in Clementi and Grandeur Park Residences in Tanah Merah. Prices of transactions for Park Place Residences ranged from about S$800,000 for a one-bedroom unit to S$2.1 million for a three-bedroom premium unit. The official launch of the Park Place Residences came after the government's move earlier this month to ease property market cooling measures that have been in place since 2013. Under the revisions, each tier of the seller...

Full article: https://www.srx.com.sg/singapore-property-news/34752/phas...

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