By: timothy.tay@edgeprop.sg | Posted on: Feb 21, 2020

SINGAPORE (EDGEPROP) - Bukit Sembawang Estates has sold 25 units from the final sales phase of its Luxus Hills Contemporary Collection, part of its 999-year landed development in Seletar Hills Estate. This represents about 65% of the already-completed 39 houses in this collection.

The properties were sold at prices from $3.29 million for inter-terraces, which translates to an average selling price of $2,060 psf on the land, the developer says. The Contemporary Collection comprises 30 inter-terraces, six corner terraces, a pair of semi-detached houses, and a villa. The five-bedroom properties sit on plots ranging from 1,615 sq ft to 6,092 sq ft, and have built-up areas of 3,703 sq ft to 6,028 sq ft.


The Contemporary Collection comprises 39 landed houses in the 999-year Luxus Hills landed development. (Picture: Samuel Isaac Chua/The Edge Singapore)

Through private previews, Bukit Sembawang had offered a limited release of the 39 houses and the developer says strong interest came from buyers who had earlier expressed interest in the Signature Collection, the previous sales phase at Luxus Hills.

The latest sales phase continued to offer deferred payment schemes, like the types offered during the last sales phase at Luxus Hills that were “extremely well-received” the developer says, adding that some of the schemes cater to home buyers awaiting proceeds from the sale of properties or those undergoing enbloc sales.

For example, the Stay & Pay Scheme enables buyers to move in immediately with a 20% downpayment, while the Reservation Scheme allows buyers to reserve their choice home with a 10% deposit.


The properties were sold at prices from $3.29 million for inter-terraces, which translates to an average selling price of $2,060 psf on the land. (Picture: Samuel Isaac Chua/The Edge Singapore)

Ho Jenny, general manager of marketing at Bukit Sembawang Estates, says: “We are encouraged by the strong response from discerning buyers who were taken by the modern architectural designs, spacious layouts, quality finishing and thoughtful touches offered with our homes… With the strong sales garnered thus far, previews will end today and show houses will be closed. With the health and well-being of the current residents at Luxus Hills being the utmost priority, we will pace out the release of our remaining inventory in phases.”

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Source: https://www.edgeprop.sg/property-news/bukit-sembawang-sells-65-final-sales-phase-999-year-luxus-hills?utm_source=Facebook&utm_medium=article&utm_campaign=Echo


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