Glendale Park Update March 5th
By Scg8866t Stockinvesting  •  March 5, 2023
Previously wrote a post on The Botany which is a new launch at "close proximity" to Glendale Park, can read here. The balloting result is out today. According to Business Times(full article here), nearly half of the total units were sold at an average psf of S$2,070. All of the 36 one-bedroom units, and 93 per cent of the 104 two-bedroom units have been sold, according to Sim Lian. “More than 20 per cent of the 175 three-bedroom units, 57 four-bedroom units and 14 five-bedroom units were taken up. As usually the one and two bedders were almost all sold out, which likely also contributed to the higher average psf. With the current high mortgage rates coupled with heated discussions on affordability in parliament, I don't think we will see full sold out projects on balloting day anymore. Another project that is close to TOP, Dairy Farm Residence right beside Botany also saw a S$1,999 psf new sale transaction...
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By Scg8866t Stockinvesting
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