/MCC Singapore

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. 

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