Residential
Strong sales at Watertown project in Punggol
215 of the 596 released units at 99-year leasehold 992-unit Watertown project was sold over the Chinese New Year long weekend, bringing the total number of units sold to slightly above 500. The units sold so far have a price range of $980 to $1,500 psf and was sold mainly to locals, with Singaporeans making up 90% of the buyers. The mixed residential-and-retail project will include 11 13- to 14-storey towers as the residential component and a four-storey retail component connected to the Punggol MRT station. The latter, named Waterway Point, will consist of two basement levels and two other levels that make up 370,000 sq ft worth of net lettable area with a 40-30-15-15 tenant mix for retail, food and beverage, entertainment and others such as educational institutions, banks and community amenities.
Evidence that ABSD is achieving its intended effect
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