28 Apr '16, 9am

Amidst a down market narrative, this developer has some good news to report.

Artist’s impression of Waterfront @ Faber, which overlooks Sungei Ulu Pandan. Jewellery and property group Aspial Corporation has secured $275 million in revenue after selling all the units at Waterfront @ Faber, which comprises 199 apartments and 11 strata-landed homes. The group expects to receive a substantial payout once the residential project receives its TOP in the first half of 2017. “Despite the challenging operating environment, we are pleased to have sold all 210 units of the Waterfront @ Faber, demonstrating the attractiveness of the project’s value proposition and the strong execution capability of the group,” said Koh Wee Seng, Aspial’s CEO. Located within Faber Hills estate, the forest-themed development overlooks Sungei Ulu Pandan, and is close to Jurong Lake District and the one-north R&D cluster. Unit types range from two- to four-bedroom and dual-key apa...

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

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