News: Normanton Park sells 600 residential units at $1,750 psf on first day of sales

Jan 18, 2021

The mixed-use development saw around 80% of the units sold in one- and two-bedroom units during its first day of sales. Buyers also snapped three commercial units. Image: Normanton Park

Normanton Park sold about 600 residential units at an average price of $1,750 per sq ft (psf) during its first day of sales on 16 January (Saturday).

Developer Kingsford Huray Development revealed that around 80% of the units sold were one- and two-bedroom units. Buyers also snapped three commercial units.

“Most of the homebuyers are Singapore citizens and permanent residents and they are either owner-occupiers or property investors,” it said in a release.

Recommended article: 5 Mixed-Use Developments in Singapore: Live In a Condo Above A Shopping Mall!

Set to obtain Temporary Occupation Permit in 2023, the development comprises 1,840 apartment units, 22 two-storey strata terraces and eight commercial units.

About 12,000 visitors thronged its show gallery during its 13-day preview which ended on 14 January.

In conjunction with the project’s launch, a lucky draw has been organised in which 10 units of Mercedes-Benz A-Class 180 Hatchback Style with 1.4L engine will be given out as prizes.

Suggested read: New Launch Property vs Resale Condos in Singapore: Which is Better?

Buyers and the respective agents of the first 800 units sold at the development will be entitled to participate in the lucky draw.

Normanton Park’s marketing agencies are ERA Singapore, OrangeTee & Tie, Huttons Asia, PropNex and SRI.

Visits to its show gallery, which is located at 1 Normanton Park, is strictly by appointment only.

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Veron Heng
marketing director
PROPNEX REALTY PTE LTD
heng.veron@gmail.com
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