UOL and SingLand have sold 31 more Watten Houses at the public launch, bringing the project to 74%.
The 133 units were sold at an average price of S$3,250 a square foot. The eight exclusive penthouses on the property sold for prices between S$11.7m and S$14.5m, or S$3,440psf to S$3,550psf.
Anson Li, UOL’s residential marketing manager, confirmed that, in addition to almost selling out its penthouses 80% of the units with four or five bedrooms have been sold.
UOL Group and Singapore Land Group sold a total of 133 units (or 74%) of the 180 Watten House apartments as of 16 Mar, following the sales of 31 units immediately after the project was officially launched on 2 Mar. 102 units were sold at an exclusive preview last November.
Watten House, a sanctuary of tranquility and a highly sought-after district, is an exceptional place to find large format new-built apartments. Three-bedroom-plus-study units spanning 1,539 square feet (sq ft), as well as five-bedroom units covering 2,368 sq ft with private lifts remain available.
95 percent of the buyers were Singaporeans or Singapore permanent residents.
UOL’s shares dropped 0.9 per cent, or S$0.05, to S$5.65 Friday. SingLand’s shares remained flat at S$1.80.