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 allowed prospects to avoid crowds and queues amid the COVID-19 pandemic outbreak as they sign off and submit pre-sale/purchase documents online.