SINGAPORE (EDGEPROP) Feb 16, 2020 -- The first weekend of public preview at The M, the 522-unit, private condominium project on Middle Road, drew more than 2,000 prospective buyers. This was despite the COVID-19 outbreak having dampened sentiment.
Visitors were mainly locals in their 30s and 40s, drawn to the project’s prime location in the Ophir-Rochor Corridor (Photo: Wing Tai Asia)
“We are very encouraged by the strong turnout; it has definitely exceeded our expectations,” said Stacey Ow-Yeong, head of marketing at Wing Tai Property Management.
Visitors were mainly locals in their 30s and 40s, drawn to the project’s prime location in the Ophir-Rochor Corridor, a vibrant mixed-use district that is close to offices, shopping malls and medical facilities in the CBD.
The project has a mix of studio, one- to three-bedroom apartments from 409 to 904 sq ft. Indicative prices start from just below $1 million for the studios, from $1 million for the one-bedroom, from $1.1 million for the one-bedroom-plus-study, from $1.3 million for the two- bedroom, from $1.6 million for the two-bedroom-plus-study and from $2 million for the three-bedroom dual-key units.
The project has a mix of studio, one- to three-bedroom apartments from 409 to 904 sq ft, with prices starting from just below $1 million for a studio (Photo: EdgeProp Singapore)
“We thought The M would be one of the best-selling projects of the year even before the coronavirus outbreak,” says Ismail Gafoor, CEO of PropNex Realty. “The concept of home/work is exciting and the units are affordably priced. That’s why people were attracted to the project.”
Gafoor adds: “If this momentum continues, The M is likely to do exceptionally well compared to other projects to be launched this year.”
Discover why the project sold 70% of units in one weekend and the prices have been increasing steadily here
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For price trends, recent transactions, other project info, check out The M project research page
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