20 Nov '13, 6am

#GlobalREBubble #Singapore 'Sembawang EC Over 50% Sold' via @SGPropertyGuru

) attracted healthy interest over the launch weekend with more than 50 percent of its 506 units sold. The project, the first-of-its-kind in Sembawang, was three times oversubscribed during its e-application exercise with 1,600 applications, making it the most popular EC in 2013. The seventh and last EC to launch this year, SkyPark Residences has a record 28 maisonettes, of which 85 percent were snapped up during the launch. Comprising larger units starting from three-bedrooms compared with other ECs which usually start from two-bedrooms, the project’s average selling price is S$793 psf. Over 50 percent of buyers are upgraders and first-timers from Sembawang as well as the nearby housing estates including Admiralty and Yishun. Facilities include a 100m SkyPark with a jogging track, sky lounge, dining terrace and children's playground. Additionally, more than 30 percent of g...

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

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