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Ki Residences in Brookvale sold 143 from a total of 660 units on its own launching weekend, based on joint venture partners Hoi Hup Realty and Sunway Development at an announcement on the day of Dec 6. This equates to 22% of those units at the 999-year leasehold private condo project located on Brookvale Driveoff Sunset Way at District 21.

The job has a mixture of 2 – to five-bedroom units. Typical cost of units sold was $1,790 psf, but beginning prices were 1,668 psf.

As stated by the joint venture partners, 60% of the units sold were both the four- and – five-bedroom units, which constitute the”Luxury Collection” in Ki Residences. Four-bedroom units accounts for 58 units, together with dimensions from 1,245 into 1,711 sq ft. Premium five-bedroom flats, with dimensions from 1,819 into 2,239 sq feet, constitute only four components in the whole development.

Additionally, there are two-bedroom and two-bedroom-plus-study units from 700 to 883 sq feet, which constitute 180 units. Three-bedroom, deluxe and superior units constitute 418 units. Sizes vary from 861 to 1,410 sq feet, with costs from $1.428 million ($1,658 psf).

The 22% take-up speed at Ki Residences reflects”a solid showing for a new job on the initial weekend of launching”, says Ismail Gafoor, CEO of PropNex.

In The Linq in Beauty World, 115 from a total of 120 units at the freehold, mixed-use growth were snapped up in a mean of $2,150 psf on Nov 14. This was followed with the initiation of the Landmark on Nov 28, where 110 from 396 units at the 99-year leasehold growth at Chin Swee Road, were consumed in a mean of 2,250 psf.

“In terms of total amounts, Ki Residences sold more units compared to Linq or The Landmark,” points outside Gafoor. The bigger units sold at Ki Residences were also compared to The Linq along with The Landmark, in which the smaller components were sought-after, he notes.

Really, Ki Residences is the next project to be established following the October lull. “All 3 starts sold over 100 units,” states Lee Sze Teck, director of research at Huttons Asia. “These earnings is a testament of this thickness of need in the home industry. There are several buyers that are watching out for attractive jobs”

Ki Residences is a redevelopment of the previous Brookvale Park that Hoi Hup and Sunway had bought in a collective purchase for about $530 million in February 2018. The job is situated at District 21, inside the recognized, landed property of Sunset Way.

Situated at Clementi Avenue 1, the 99-year leasehold Clavon includes a beginning cost from $1,475 psf.