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Certain’ Regarding Parc Komo Sales

Despite the dampening effects of the ninth round of residential or commercial property air conditioning actions that kicked in last July, Chia is “confident” concerning Parc Ko-mo’s saleability. He connects this to the sales at Park Colonial, its 805-unit, 99-year leasehold job located next to Woodleigh MRT Station. The task is 76% marketed to day, at an ordinary price of $1,730 psf.

In simply the past four weeks, more than 30 units were gotten. Park Co-lonial was introduced on the eve of the building cooling measures on July 5. At the same time, at Grandeur Park Residenc-es, just 21 units are offered. Introduced in March 2017, the 99-year leasehold private condominium at Bedok South Opportunity 3 is connected to Tanah Merah MRT Interchange Sta-tion (for the East-West as well as Downtown Lines).

The task is 97% offered to date, at an aver-age price of $1,394 psf. SRI’s Low expects Parc Komo’s purchasers to be those in the mid-30s-to-40s age group who value an easygoing lifestyle over the convenience of city living. “Provided the way of life proposal of Parc Komo, they wouldn’t mind the 25- to 30-minute drive to the CBD,” he includes. “At $1,450 psf, the job is placed as one of the most affordable estate project launch this year,” says Low. “The majority of freehold jobs today would be in the $1,600 to $1,700 psf array. At $1,450 psf, Parc Komo therefore offers po-tential cost upside.”

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