More than 270 units of the Prive – the third executive condominium project launched this year – have been taken up by Friday evening.
Prior to the start of balloting, analysts have already been expecting a good turnout for the project which is located near the Punggol MRT.
They said the 680 two- to four-bedroom units offered will appeal to buyers known as the “sandwiched class”.
The project was launched earlier this month.
The market has seen renewed interest in executive condos, which is a hybrid of private and public housing, after a five-year hiatus.
Prive is jointly developed by NTUC Choice Homes and CEL Development.
The units are priced at $660 to $690 per square foot.
It is the third executive condominium project launched this year.
The other two projects, the Esparina and the Canopy, were launched in October.
Source : Channel NewsAsia – 10 Dec 2010