A consortium of developers led by Apex Asia Development and Santarli Realty has sold 135 units (24.8%) at Narra Residences on Saturday, Jan 31. The average pfs price of the units sold was about $2,180 psf. In a press release issued by the developers on Feb 1, Singaporeans accounted for 90% of purchasers, with permanent residents making up the remaining 10%. Narra Residences is the first new condo launch in the Outside Central Region (OCR) to hit the market this year. As of 4 pm on Feb 1, the sale of two- and three-bedroom units accounted for 90% of the units sold, with two-bedders priced from $1.176 million and three-bedroom units priced from $1.63 million. All of the one-bedroom units were snapped up, with those units selling from $998,000. Additionally, four of the 61 four-bedroom units were sold, with prices starting from $2.596 million. All four of the retail shops in the development were also bought up. Read our in-depth analysis of the launch prices of Narra Residences here....