Originally Posted by
bargain hunter
"IT was a day of contrasts in the executive condominium (EC) market yesterday.
Even as caution reigned at a state tender for a Punggol EC site which drew just three bids with the top bid coming in below earlier expectations, City Developments Ltd (CDL) managed to sell slightly over 150 units on the first day of sales at its Blossom Residences EC project at Segar Road in the Bukit Panjang area. This pace of sales would be in line with the previous EC launch of Belysa in late May, say market watchers.
CDL has priced its 602-unit Blossom Residences EC at $690 psf on average for the normal progress payment scheme. Those who opt for the deferred payment scheme will pay 3 per cent more.
Two-bedders range from 753-969 sq ft and cost $548,000 to $590,000. 'Compact' three-bedders start from 969 sq ft and $659,000 while normal three-bedders begin at 1,055 sq ft and $723,000.
Blossom Residences also features dual-key units. A four-bedroom dual-key unit of 1,356 sq ft is priced from $931,000. Penthouses (1,615-2,088 sq ft) cost $1.088 million to $1.276 million."
A sad thing...small is "norm"....
Daft, Dafter, Dafterest!!!!