Most of the buyers are Singaporeans and first-time homeowners.
The take-up rate of the Phase 1 launch of The Tre Ver hit 140 of 200 units (70%) within the first three hours, UOL said.
Units were priced at the following rates: 1-bedroom units cost $738,000 and above; 2-bedroom units cost $898,000 and above; 3-bedroom units cost $1.54m and above; whilst 4-bedroom units cost $2.08m and above.
According to UOL senior general manager on asset management and marketing Jesline Goh, most of the buyers are Singaporeans and first-time homeowners.
The Tre Ver in full will comprise three 20-storey blocks, two 19-storey blocks, and four 8-storey blocks comprising seven levels of residential units and a facilities deck, as well as a two-storey carpark and ancillary facilities. It was developed by UVD Projects.
The project will have a total of 729 units, comprised of 159 1-bedroom units, 109 2-bedroom units, 272 2-bedroom units premium, 36 3-bedroom units, 126 3-bedroom units premium, and 27 4-bedroom units.
The Tre Ver is of walking distance to Potong Pasir MRT station on the North-East MRT Line and has connectivity via the Central, Pan-Island, and Kallang-Paya Lebar Expressways. It is also minutes away to Orchard Road and the Central Business District.
Goh commented, “We are very pleased as the response is stronger than the Phase 1 launches for our previous projects such as Thomson Three, Principal Garden, and Botanique at Bartley. We believe the buyers saw the strong value proposition of the product and the realistic pricing.”
Goh added that they are “immediately releasing” Phase 2 of The Tre Ver, with more units offering dual view of the amenities and the river.
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