SINGAPORE (THE BUSINESS TIMES) – The One-North Eden condominium in the One-North area has stated that the development is 85% sold over the weekend – 140 out of the 165 residential units have transacted in the virtual launch as of 6pm on Sunday (April 25).
Sales across all the unit configurations were strong, with the selling rate working out to around S$1,800 to S$2,250 per square foot (psf), said the developer, TID Pte Ltd, in a media statement on Sunday. TID is a joint venture between Mitsui Fudosan, a Japanese real estate developer, and the local real estate developer Hong Leong Holdings Limited.
Unit sizes are between 517 square feet (sq ft) for a 1-bedroom with study, and 1,410 sq ft for the largest 4-bedroom premium unit.
The 1-bedroom plus study and 2-bedroom units were the most popular, and were sold out fast by 10am on the initial day of the launch.
Permanent residents and Foreigners made up around 20% of the purchasers at One-North Eden, while the remaining were Singaporeans.
TID’s managing director Yoichi Kaga commented feedback has shown purchasers liked the functionality of the units as the majority of them had extra space for a study room, one of the project’s key selling points. “The study rooms are deemed a relevant and welcoming addition to a home in the current hybrid work model,” he said.
One-North Eden units are fitted up with smart home technology, while a facial recognition system is set up at the lobby, the basement as well as on the first and second levels as security measures for entry into the compound.
Residents also enjoy safe access into their homes via a digital lockset at their doorstep, as well as book facilities easily via an app and collect their online shopping items easily from a Smart Parcel Station within the One-North Eden.
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