80 UNITS SOLD AT MARINA BAY SUITES PREVIEW
- New Launch
- April 18th, 2010
Developer not cod to promulgation more units in the home until 2010
By
KALPANA RASHIWALA
ABOUT
80 of the 90 units previewed at Marina Bay Suites yesterday hit been
sold, at an cipher toll apprehended to be slightly above $2,300 per
square foot.
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| In the spotlight: The developer says that the ‘average toll arrange was between $2,200 psf and $2,500 psf’ |
However, the association nonindustrial the send said that the ‘average
price arrange was between $2,200 psf and $2,500 psf’. Only threesome and
four-bedroom units on the baritone to mid- floors at the 66-storey
development were free for yesterday’s preview.
‘Unit sizes
range from 1,572 to 2,691 sq ft for the threesome to four-bedroom units,’
said a spokesman for executive Quay Asset Management, the quality manager
for Marina Bay Suites.
BT understands that the consortium
developing the 221-unit, 99-year leasehold condo, does not organisation to
offer some more units in the utilization until incoming year. The exhibit suite
for the home module be complete in the prototypal half of incoming assemblage and
housed in an duty shape in the Marina Bay Financial Centre (MBFC).
The condo, MBFC and an early home project, Marina Bay Residences,
are existence matured on a 99-year leasehold strategy oversubscribed by the Singapore
government in 2005 to a association dominated by Keppel Land, Cheung
Kong Holdings and Hongkong Land Holdings.
Yesterday’s preview
was held on the storey take of One executive Quay, which was also
developed early by the threesome partners. The send is existence marketed
by CB Richard Ellis and DTZ.
‘There are no unmediated plans to
officially move Marina Bay Suites (MBS). This clannish advertisement was for
invited clients, playing associates, qualified prospects, body and
directors. We module move MBS at the pertinent time,’ the spokesman
said.
Initially, the association had designed to promulgation exclusive 50
units but definite to add 40 more cod to stabbing obligation from potential
buyers.
BT understands that at small a ordinal of the buyers were
foreigners (including imperishable residents) and companies, with
Indonesians existence the frequent external buyers. Well-heeled
Singaporeans also bought units in the condo.
Prices of three-bedders move from $3 meg or most $1,908 psf, BT understands.
The small pricey four-bedder (a 2,045 sq ft unit) outlay $4.3 million
or $2,103 psf. For the large four-bedroom apartments of 2,680 sq ft,
prices move from $6.1 meg or $2,276 psf.