63% or 449 units from a total of 710 units were sold at MCL Land’s Lake Grande over its launch weekend. The average transacted price was $1,360 psf, with the one- and two-bedroom units being most popular with buyers. According to MCL Land CEO Koh Teck Chuan, there was a good mix of both owner-occupiers and those buying for investment.

Koh notes, “Lake Grande’s close proximity to Lakeside MRT, well-appointed interior design with quality finishes, and reasonable pricing are key reasons for the strong response.”

“Also, the recent URA announcement of Jurong Lake District’s development into a second CBD, and the new Lakeside Gateway precinct that offers more commercial and waterfront F&B options has created more interest in the location,” adds Koh.

63% or 449 units from a total of 710 units were sold over the launch weekend