25% of Qingjian’s EC products sold at weekend launch

Qingjian Realty (South Pacific) Group sold 30 per cent or maybe 158 products of it is executive condo project with Sembawang, The Visionaire, through the first weekend of start.

Those with “smart home” system were bought at an average of S$811 per pillow foot (psf). Close to 85 per cent belonging to the buyers want the system, while the others who dropped out were given expense cuts of S$6, five-hundred to S$8, 000 according to unit size. More than 50 per cent belonging to the buyers were definitely first-timers.

Qingjian Realty broad manager Li Jun stated that such a increased take-up fee for the “smart home” package involving price-sensitive govt condominium (EC) buyers demonstrate readiness of Singaporeans to take in “smart” living.

“With some of our partnerships when using the systems integrators and concept companies previously in place, we tend to will ride-on these association to reach out to other people who may want to be fast adopters of ‘smart’ living, ” the person said.

The group will initiate rolling away “smart home” packages meant for homeowners in the least its terme conseill√© and govt condominium undertakings that have received temporary occupants permit (TOP), including Riversound Residence and River Isles, as well as for present-day launches which include Bellewaters and Bellewoods. They will be available within upcoming unveilings.

Qingjian previously had earlier received an astounding 859 number of e-applications, however. Participating on the alteration rate and sales, Mr. Li says these were “satisfactory and within just expectations” in consideration of current market circumstances.

He was feeling that this is as well comparable to Brownstone, an handy 638-unit challenge by Community Developments the fact that sold several 185 packages or regarding 29 percent during it’s weekend kick off.

Mr Li believes the fact that some prospective buyers are embracing a wait-and-see approach assigned the placed launch of another EC project for Sembawang, Bergerie Life by just Frasers Centrepoint Limited (FCL) and Keong Hong Comité.