>

66% of units sold at NoMa in early-bird preview sales: Macly Group

By Valerie Kor

/ EdgeProp Singapore |

August 31, 2020 1:30 PM SGT

SINGAPORE (EDGEPROP) - 33 units at freehold NoMa were sold on Aug 29 during its early bird preview sales. Developed by Macly Group, it is a freehold project located along Guillemard Road in District 14, comprising 50 one-, two- and four-bedroom units.

For Macly Group, it is the first project sold via placement with strict Covid-19 measures in place. Additionally, it is the first preview sales exercise that the group conducted digitally, via Zoom. Physical viewings were staggered and by appointment only. A portion of buyers were not physically present at the showflat.

According to Macly Group’s press release, “the overwhelming response took [the group] by surprise”. Within one hour of the preview at 11am, all one-bedroom units were fully sold. As of noon that day, there are only two available four-bedroom units left.

“Selling 66% in our Early Bird Preview gives us encouragement that there is still robust demand in the property market both for homeowners and investors,” the developer adds.

Macly Group offered early-bird discounts of 13% to buyers who purchased during the preview. One-bedroom units at the development started from a guide price of $715,750.

The infinity pool at upcoming NoMa (Photo: Macly Group)

At NoMa, one-bedroom units range from 388 sq ft to 463 sq ft. Two-bedroom apartments start from 603 sq ft to 850 sq ft, and four-bedroom apartments are sized between 1,163 sq ft and 1,335 sq ft.

Facilities include an infinity swimming pool, barbecue pit, rooftop dining area and a calisthenic gym. The development is expected to be completed in November 2023. The sales gallery is located next to 501 Guillemard Road.

In terms of design, NoMa’s units feature convertible spaces that double up as a study table with power points. Its exterior and facilities are “inspired by New York's vibrant NoMad district”, according to the press release. A 12-meter high art mural by a local artist stands on the roof terrace.