Phase 1 of Thomson Grand sold out

The VIP preview of Cheung Kong’s Thomson Grand luxury condo received overwhelming response, with all 50 units taken up at prices between S$1,100 psf and S$1,600 psf for two- to four-bedroom units.

The most expensive unit was snapped up at S$3.6 million, while 11 of the 22 strata terraced units were sold for up to S$4.1 million each.

Buyers for the first 50 units included upgraders and investors, with nearly 30 percent of the buyers being local and overseas investors from Malaysia, China, Indonesia and Taiwan.

“Due to the enthusiastic demand from the market, Cheung Kong will release 20 units specially selected for sale this weekend,” said Cannas Ho, Sales Manager of Cheung Kong.

“Investors are confident in Singapore’s property market, especially projects that are strategically located and enjoy a high degree of reputation with higher potential in returns.”

Thomson Grand comprises nine blocks of 20-storey residential towers totalling 339 apartment units and 22 strata terraced units. The condo units feature a gross floor area (GFA) of between 904 sq ft for a two-bedroom unit and 2,314 sq ft for a four-bedroom unit.

The apartments are designed such that almost all the units have panoramic views of Singapore Island Country Club’s (SICC) golf courses and greenery and enjoy maximum privacy, as no two units will be facing each other. All units will also have their own private lift access, with the lift lobbies comparable to those found in a six-star hotel.

Source : PropertyGruru – 11 Jul 2011

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