The luxury seafront condominium The Vision at the West Coast has received good response.
All of the 100 units allocated for its first phase of sale on the opening day of its private preview have been sold.
Prices for the two-bedroom to four-bedroom units range from around S$1,000 to S$1,2000 per square foot.
All the penthouse units have also been snapped up fetching S$3.6 million each.
The 99-year leasehold condominium by Hong Kong developer Cheung Kong offers a rare mix of strata terraces and 281 apartments.
Nearly half of the 14 strata terrace units were sold with the highest going for S$3.2 million.
Cheung Kong said that over 60 per cent of the buyers were home upgraders while the remaining were long-term investors in the property leasing market.
In view of the strong demand, it will be release 20 specially selected units for sale this weekend on a first-come-first-served basis.
These will comprise two-bedroom to four-bedroom units.
Source: Channel News Asia, 12 Mar 2010