The Reef At King’s Dock Sells Over 90% Of Units Released During Launch Weekend

The Reef at King’s Dock gained powerful enthusiasm throughout its launch week end, with two hundred and eighty of the 3 hundred units launched purchased, exposed team builders Mapletree Investments plus Keppel Land.

The M Singapore

Unit values stretched between $2K per square ft and $2,800 psf, where the average rate remained on $2.33K psf.

” As a result of the powerful demand, an additional a hundred units were included in the first 200 homes issued,” shared the developers.

They noted the fact that the favorable transactions force over the saturday and sunday was basically motivated “with active need coming from a desirable mix of single people, young married couples also families, that got attracted to the property’s key location including numerous featurings”.

SGPreans and permanent residents represented more than 90 percent of home buyers, with a great mix of capitalists together with leaseholder occupier.

The Reef at King’s Dock experienced a favorable blend of deals for its 1- to three-bedroom homes, by having whole of the 1 bedroom at the development completely offered.

The left over homes make up a mix of premium 2- and 3 bed room units in which will be given out in subsequent stages.

” We are strengthened via the favorable sale of The Reef at King’s Dock, which shows the faith that discerning buyers keep in Mapletree plus Keppel Land in providing top quality properties with thoughtful facilities,” said Ng Ooi Hooi, President (Singapore and Regional Investments) at Keppel Land.

” We are confident that the project’s impressive features will remain to attract involvement from prospective homebuyers as well as financiers.”

The development’s transactions showroom magnetized around 9,000 viewers over the two week viewing beforehand in January.

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