Twin VEW, CSC Land Group’s maiden residential development in Singapore saw 442 units out of a total of 520 units sold. This brings total sales at launch weekend to 85%. The sales includes four penthouses. Average price of units sold was $1,399 psf.
Buyers were a mix of singles, young couples, families and multi-generational families. Of the 442 units sold, 83% were Singaporeans, 15% were permanent residents, and the rest were foreign purchasers.
Strong turnout at the launch weekend of Twin VEW (Credit: CSC Land Group)
Investors and homebuyers were buoyed by the potential of the Jurong Lake District. “We are very encouraged by the strong response this weekend,” says Li Xiao Qian, chairman of CSC Land Group. “All unit-types have been very well-received, demonstrating the diversity offered by Twin VEW. WE are confident that this momentum will continue.” The project located at West Coast Vale is expected to be completed by 2021.