SINGAPORE (EDGEPROP) - In the lead-up to the launch of Pasir Ris 8 on July 24, developers
Allgreen Properties and Kerry Properties collected more than 1,500 cheques as expressions of interest across two weeks when it opened for preview.
Pasir Ris 8 has only 487 units, which translates to a ratio of more than 3:1. The developer sold 415 units (85%) on the first weekend of launch, at an average price of close to $1,600 psf.
(See also: Pasir Ris, a town close to nature and the sea)