Sim Lian Group said yesterday that it has sold 332 units out of the 390 units launched at the 696-unit Waterview at an average price of $838 psf.
The project located at the junction of Tampines Avenue 1 and Tampines Avenue 10 was launched last Friday. Twelve of its 24 penthouse units have also been sold.
90 per cent of the buyers were Singaporeans with the remaining buyers permanent residents and foreigners, from countries such as Australia, China and Malaysia.
It will be releasing 110 new units this week which will be launched at slightly increased prices, bringing the total number of units released to 500.
The 99-year leasehold 341,654 sq ft site comprises twelve 15-storey blocks.