The Le Quest located at Bukit Batok unlocked for sales on August 5 (Saturday), with the residential units fascinating solid interest from purchasers.
A total of 280 of the development’s 516 units (54%) were successfully sold on the first day, an overdue as its only 200 units were at first out for sale.
As stated by the developer Qingjian Realty, each unit were managed at a regular of $1,280 psf.
The studio and 1 to 3-bedroom units measured from 431 square feet to 1,206 square feet were the most distinguished among purchasers. There are also 4-bedroom offered from 1,130 square feet to 1,528 square feet.
Furthermore, the mixed-use project will have around 64,583 square feet of commercial space including retail units and F&B outlets.
Chen Si, 26 years old, a home purchaser was one of the first to buy a unit. “I plan to live at Le Quest together with my parents. We are tired to the view of living near to new developments such as the Tengah and Jurong Lake District. The price is sensible in view of the suitability of having all we need in the development.”
Another purchaser William Yeo, 37 years old, an auditor based in Vietnam mentioned: “I soared in 2 weeks ago to look at Le Quest and actually loved what I saw. While I plan to live here together with my family, I likewise want a property that has great growth potential.”
Property experts were not surprised regarding the enthusiastic feedback.
“Not several new properties are anticipated to launch in the district in the short period, so that is certainly a key factor in buyers’ thought,” note Mr. Alan Cheong, Savills Senior Director of Research & Consultancy.
CEO of PropNex Realty, Mr. Mohamed Ismail, said: “Its Bukit Batok site is a vast attraction with its nearness to rising developments such as the innovation by the Urban Redevelopment Authority’s Master Plan and the Singapore-KL High Speed Rail Terminus.”
Details on the following phase of sales will be broadcasted far along, noted Qingjian. The 99-year leasehold development is anticipated to be accomplished by end 2021.