One of the new private condominiums put up for sale during the weekend sold like hotcakes.
City Developments put up 280 units of Jewel at Buangkok for sale at a preview launch on June 1.
Some 73 per cent of these units were sold. About 16 per cent of buyers were foreigners or PRs from Malaysia, China, Indonesia, Taiwan, Hong Kong, Australia, USA and Japan.
Early bird discounts meant the units cost an average of S$1,150 per square foot.
Located in the suburb in Sengkang, the 616-unit development is three minutes away from the Buangkok MRT station on the north east line.
Source : Channel NewsAsia – 3 June 2013