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News - Detailed News Story

UIC

Stock Chart
Last Done 2.810
Change -0.010 (-0.36%)
Volume 87.1
Range 2.800 - 2.830

UOL

Stock Chart
Last Done 7.550
Change +0.070 (+0.94%)
Volume 960.2
Range 7.480 - 7.580

More than 90% of 300 Avenue South Residence units launched on first day sold

10 Sep 2019 09:00

By Claudia Chong

MORE than 90 per cent of the 300 launched units in Avenue South Residence were snapped up on Saturday, the first day of sales.

UOL Group, which is part of the consortium behind the 1,074-unit development at Silat Avenue, said buyers were mostly Singaporeans, comprising both investors and homeowners.

The other members of the developer consortium are UOL subsidiary United Industrial Corporation, and Kheng Leong Company.

Jesline Goh, UOL's chief investment and asset officer, said: "The more popular units were the one- and two-bedroom units. The three- and four-bedroom units also saw healthy take-up. Based on what we saw, buyers are particularly attracted to the growth potential of this precinct as well as the strong product attributes."


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Source: Business Times
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