The Reef At King’s Dock Sells Over 90% Of Units Released During Launch Weekend
The Reef at King’s Dock gained effective interest at the time of its launch week end, with two hundred and eighty of the 300 units launched snapped up, shared joint developers Mapletree Investments plus Keppel Land.
Home values varied in between $2 thousand psf to $2.8K per square ft, while at the same time the typical value positioned on $2.33K per square ft.
” Because of the solid demand, some other a hundred homes were included in the first 200 units launched,” said the builders.
They noticed the fact that the desirable deals force during the saturday and sunday was mostly encouraged “by strong interest coming from a great mix of single people, young couples including households, that got lured to the project’s key spot plus numerous featurings”.
S’poreans together with permanent residents represented around ninety % of investors, including a good merge of capitalists and also leaseholder occupant.
The Reef at King’s Dock noticed a good merge of sales for its single- to three bed room homes, by having all of the 1 bed room at the development completely moved.
The left over units include a blend of prime 2- and also three-bedroom homes that will be launched in consecutive periods.
” We are reassured at the desirable sale of The Reef at King’s Dock, which demonstrates the trust that discerning homebuyers keep in Mapletree and also Keppel Land in presenting premium properties including considerate functions,” announced Ng Ooi Hooi, President (S’pore and Territorial Investments) with Keppel Land.
” We are certain that the project’s excellent characteristics are going to carry on to captivate involvement from possible property buyers and also financiers.”
The project’s deals showroom magnetized over 9,000 customers within its two week viewing beforehand in January 2021.