77 units sold at Kopar at Newton launch in two days
Being the final project launch before all showflats in Singapore closes due to COVID-19, Kopar at Newton has made an astounding statement with sales from just 2 days.
Fully-owned subsidiary of Chip Eng Seng Corporation, CEL Development has sold a total of 77 units at Kopar at Newton condominium over its launch weekend.
Comprising 378 units, this 99-year leasehold condominium project is located just off Newton Circus – along Kampong Java Road and Makeway Avenue.
Hence, it translates to a take-up rate of 38.5 percent.
According to CEL Development, the average price of units for sale at Kopar at Newton condo is $2,350 psf.
This new launch condo project consists a total of two 23-storey residential towers and unit types range between 1-bedroom to 5-bedroom; also penthouses.
It was noted that the most popular unit type were the 1-bedroom apartments, which were priced from $1.098 million onwards.
However, a good portion of 2-bedroom and 3-bedroom units were sold as well.
Even the largest penthouse unit – a 6-bedder that spans across 3,305 sqft of space was sold for a whopping $7.88 million (or $2,384 per square foot).
It was highlighted that bookings of the units at Kopar at Newton condo took place via Showsuite’s digital booking platform.
It allowed prospects to avoid crowds and queues amid the COVID-19 pandemic outbreak as they sign off and submit pre-sale/purchase documents online.