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Thread: The Artra, the next Mixed Development in D3 right next to Redhill MRT

  1. #46

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    Newspaper reported - launched 200 units sold 130 units. 85 3-bdrm & 45 2-bdrm.



  2. #47
    Join Date
    Nov 2015
    Location
    Duo Residences
    Posts
    274

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    Thats a decent performance and the psf is pitched mid point of Alex and Principal Garden. Not sure if they can go any higher for 2 bedders. Principal Garden Phase II will be pitching around average $1,800psf?

    2 cents,
    PropVestor



  3. #48

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    130 units at Redhill's Artra sold over the weekend

    May 1, 2017

    by Cai Haoxiang


    SOME 130 units in Artra, a 400-unit condo next to Redhill MRT station, were sold over the weekend.

    The average price was S$1,700 per square foot.

    Launched on April 29 with 200 units released, the 44-storey development was notable for its larger-sized units. Apartments sold over the weekend comprised two-bedroom and three-bedroom units.

    The development also comes with a supermarket and 16 commercial units.

    "We are off to a very encouraging start in the sales and believe that the momentum will continue in the days ahead," said Tan Tee Khoon, managing director of Knight Frank subsidiary KF Property Network, a real estate agency.

    Knight Frank is one of the agents marketing the development.

    Artra was developed by FEC Skyline, a 70-30 joint venture between Far East Consortium and New World Development.

    It joins other developments in the area such as Alex Residences, The Crest, and Principal Garden.

    The Artra site was secured at the end of 2015 with a bid of S$851 per square foot per plot ratio (psf ppr), which was relatively subdued compared to S$970 psf ppr paid for nearby Alex Residences in December 2012.

    Christine Li, Cushman & Wakefield Singapore research director, called Artra's launch performance "decent". "This is given how there's no one-bedder in the project, and the price starts from S$1.2 million," she said.

    Buyers are attracted by the project's location, which will be linked to the MRT via a covered walkway, she said.

    The supermarket in the development is also the only one in the area, Ms Li added.



  4. #49

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    138 caveats lodged



  5. #50

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    146 caveats. looks like 8 more sold in the past week.



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