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Thread: Low Keng Huat to launch 2 freehold landed projects

  1. #1

    Default Low Keng Huat to launch 2 freehold landed projects

    Low Keng Huat to launch 2 freehold landed projects

    Prices for Kismis Residences will start from S$4.155m, while [email protected] will be priced from S$3.521m

    Thu, Jan 04, 2018

    Lee Meixian

    Kismis Residences (above), a 31-unit freehold landed development, is one of two developments that Low Keng Huat is launching for sale. The other is the seven-unit freehold strata landed development [email protected]

    SINGAPORE-LISTED property developer Low Keng Huat will launch two freehold landed projects in the landed residence enclave of Lorong Kismis and Eng Kong Park off Upper Bukit Timah Road this Friday.

    One is Kismis Residences, a 31-unit freehold landed development; the other is the adjacent seven-unit freehold strata landed development, [email protected] The latter will be launched by Low Keng Huat's joint venture with Wenul Development.

    ERA Realty Network and OrangeTee & Tie are the appointed joint marketing agents for both projects.

    Eugene Lim, key executive officer of ERA Realty, said that over the soft launch period in December 2017, the agency managed to secure buyers for 50 per cent of the units released for sale.

    For Kismis Residences, nine out of the 15 units released found buyers; while for [email protected], two out of the seven units found buyers, making it a total of 11 units sold out of the 22 units that were released.

    For Kismis Residences, the intermediate terrace houses are priced between S$4.155 million and S$4.464 million, while the corner terrace houses are priced from S$5.003 million to S$5.282 million.

    Prices start from S$750 per square foot.

    For [email protected], the approximate strata areas range from 4,359 to 5,597 square feet. Units are priced from S$3.521 million to S$4.255 million.

    Shares of Low Keng Huat closed half a cent, or 0.7 per cent, higher at S$0.69 on Wednesday.

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    Does anyone knows if there is a showroom?

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    Was at the showroom yesterday. Almost half sold. So many people. Price start from low 4mio. Seems like mkt is really +ve.

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