The preview at Tengah Garden Residences a fortnight ago, which drew 1,300 groups of visitors (Photo: Huttons Asia)
Since opening for preview over the weekend of April 11–12, Tengah Garden Residences has attracted about 2,000 cheques as expressions of interest ahead of its public launch on April 25-26, say sources.
With 863 units on offer, the project is more than 2.3 times subscribed — underscoring strong buyer interest in what will be the first fully private condominium in the new Tengah town.
The development, jointly developed by Hong Leong Holdings, GuocoLand and CSC Land Group, opened for sale to VIPs and company staff on April 23. According to sources, about 17 units have already been taken up.
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On April 24, the sales gallery will open for bulk purchases and selected buyers, including existing Hong Leong customers.
The 99-year leasehold Tengah Garden Residences comprises one- to four-bedroom units ranging from 485 sq ft to 1,260 sq ft. Indicative prices start from $980,000 ($2,025 psf) for a one-bedroom unit, from $1.11 million ($1,779 psf) for a two-bedder, from $1.588 million ($1,993 psf) for a three-bedder, and from $2.288 million ($2,025 psf) for a four-bedder.
The sub-$1 million entry price for one-bedroom units and starting prices from $1,779 psf for two-bedders — comparable to some recent executive condominium launches — are said to have drawn interest from buyers in the Outside Central Region.
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