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Seaside Residences sees 392 units sold at launch weekend

By The Edge Property

April 24, 2017 12:41 PM SGT

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Over the weekend of April 22-23, Seaside Residences sold 392 units or 70% of 560 released. The average sale price was said to be $1,700 psf, which was above the original indicative price range of $1,550 to $1,650 psf.

The 841-unit Seaside Residences is jointly developed by Frasers Centrepoint, Sekisui House and Keong Hong Holdings. “The strong sales results in this launch phase indicate that buyers value the rare and premium location of Seaside Residences, our thoughtful design and the building quality that Frasers Centrepoint is known for,” says Christopher Tang, CEO of Frasers Centrepoint Singapore.

About 60% of the buyers live in the east, and 30% from prime District 15 itself, which is where Seaside Residences is located. The project is within walking distance of the upcoming Siglap MRT station and the East Coast Park.

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