Tuesday, December 28, 2010

Over 80% of residential project The Tennery sold

Over 80% of residential project The Tennery sold
By Jo-ann Huang | Posted: 28 December 2010 1959 hrs

SINGAPORE: More than 80 per cent of the 217 units released at residential property The Tennery have been sold, said its developer Far East Organization.

Located at the junction of Woodlands Road and Choa Chu Kang Road, 181 units were taken up at a preview.

Far East Organization said selling prices of The Tennery ranged from S$950 to S$1,300 per square foot.

The Tennery is an apartment complex sitting on the upcoming Junction 10 mall, right at Ten Mile Junction MRT Station.

Far East Organization said the SOHO-inspired property will "breathe new life and a refreshing cosmopolitan flair" into the Bukit Panjang suburb.

80 per cent of the buyers were Singaporeans and permanent residents, while 60 per cent of the units sold were one-bedroom apartments, said Far East Organization.

The property developer added that most of the buyers were professionals living in Bukit Panjang and the surrounding vicinity, such as Choa Chu Kang, Bukit Batok and Hillview.

Due to the strong response, more units of The Tennery will be released during its official launch this coming New Years' Day, said the developer.

The Tennery is a 16-storey residential development with 338 units in total.

It offers one-and-two-bedroom apartments sized at 619 to 950 square feet, with a floor-to-ceiling height of 3.4 metres for each unit.

-CNA/ac

- wong chee tat :)

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