Tengah Garden Residences sells 99% of units on launch
Units were transacted at prices ranging from $1,779 psf to $2,340 psf.
Tengah Garden Residences sold 853 of its 863 units, or 99%, on launch day, with an average price of $2,120 per square foot (psf).
The sale marks the highest number of units sold at a private residential launch in 2026 to date, said Hong Leong Holdings in a press release.
Units were transacted at prices ranging from $1,779 psf to $2,340 psf, with Singaporeans accounting for 90% of purchasers.
Interest was attributed to pricing across a range of unit types and the project’s integrated amenities within a new growth area, said Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings.
“We also observed strong demand from upgraders and right-sizers across nearby western estates such as Bukit Batok, Choa Chu Kang, Jurong East and West, and Bukit Panjang,” Chng added.
The development features one- to four-bedroom units ranging from 485 sq ft to 1,260 sq ft, with prices starting from $980,000 ($2,025 psf) for one-bedroom units and about $2.29m ($2,025 psf) for four-bedroom units.
The property, jointly developed by Hong Leong Holdings, GuocoLand and CSC Land Group, is expected to obtain a ‘temporary occupation permit’ in 2029.