Singapore-listed property developer SingHaiyi Group has announced that it has sold 23 units (15%) out of 165 units that were launched for sale from its twin residential projects – The Gazania and The Lilium -- which are located in the How Sun area. The first day of sales over the Labour Day holiday attracted more than 200 prospective homebuyers for the balloting.
The 250-unit The Gazania features one- to four-bedroom unit types including four-bedroom maisonette units, while the 80-unit The Lilium comprises two- to four-bedroom units and penthouses. Larger-sized units saw more interest from homeowners, with more than 70% of the homebuyers purchasing three- to four-bedroom units, as well as a penthouse unit.
The first day of sales over the Labour Day holiday attracted more than 200 prospective home buyers for the balloting (Picture: SingHaiyi Group)
“We are deeply encouraged by the positive response of buyers to The Gazania and The Lilium, especially for our larger units,” says Celine Tang, group managing director of SingHaiyi Group.
When both projects were open for public preview over the Good Friday-Easter Sunday weekend, Gregory Sim, deputy CEO of SingHaiyi Group, said units at The Gazania were likely to be priced from about $1 million for a one-bedroom unit of about 440 sq ft ($2,273 psf), to about $3.3 million ($1,833 psf) for a four-bedroom penthouse of about 1,800 sq ft. Units in The Lilium were expected to cost about 5% to 10% less psf than those at The Gazania, he added.