Sceneca Residence sold 60% of 268 units at average price of $2,072 psf
All 1-bedroom types and two-bedder units were sold out.
Being the first private condo launched for the year, Sceneca Residence in Tanah Merah sold 60% of its 268 units on 14 January, at an average price of $2,072 per square foot.
All 1-bedroom units and two-bedder units are sold out, which accounted for 75% of the units sold.
PropNex Realty said the transaction was commendable as the launch was made close to the festive period, where activity is slower.
There are also a few standouts for the property including having an MRT station at its doorstep and the convenience of commercial offerings.
Such a project may also benefit from its proximity to Changi Business Park and from the government’s plans to transform the Changi Region – which has been earmarked as one of the thriving economic hubs in Singapore.