Dunearn House sells 56% of units in Turf City debut
Property sold 212 units during its first weekend of sales.
Dunearn House in Bukit Timah's District 11 sold 56% of its units during its first weekend launch, with 212 of 380 units sold at an average price of $3,140 per square foot (sq ft), according to a joint statement.
The property was developed by an equal-stake consortium comprising Frasers Property, CSC Land Group, and Sekisui House, and is the first private residential development launched within the Bukit Timah Turf City masterplan.
Singaporeans accounted for around 86% of buyers, whilst 13% were permanent residents from China, Indonesia, Malaysia, South Korea, and other countries, and 1% were foreigners from the US.
“Our buyers comprise a healthy mix of families eager to secure a home in Bukit Timah, near reputable schools and green corridors, as well as investors who recognise the precinct’s long-term growth potential,” said Soon Su Lin, CEO of Frasers Property Singapore.
Larger-format homes led demand, with all three-bedroom units sold. The three-bedroom flexi, three-bedroom-plus-study, four-bedroom, and two-bedroom-plus-study units also recorded strong take-up during the launch weekend.
Prices start from about $1.48m for a two-bedroom unit spanning 527 sq ft to 678 sq ft, around $2.6m for a three-bedroom unit spanning 872 sq ft to 1,001 sq ft, and about $3.59m for a four-bedroom unit spanning 1,184 sq ft to 1,378 sq ft.
Dunearn House is a four-minute walk from Sixth Avenue MRT station on the Downtown Line and within walking distance of the future Turf City MRT station on the Cross Island Line.
It is also near the Pan-Island Expressway, Holland Village, Dempsey Hill, Orchard Road, and the Central Business District.