Sales update

UOL Group said it has sold 252 of the 320 units released to date at its Spottiswoode Residences. It was first launched about two weeks ago and 130 units were taken up during a three-day preview, out of 150 released then. The highest price achieved for those 130 units was $2,150 psf. Sales of the three-bedroom units were good and almost all of the development's seven penthouses have been sold.

Spottiswoode Residences snapped up

Spottiswoode Residences snapped up
by Julie Quek | Nov 17

UOL Group said its Spottiswoode Residences project has registered strong preview sales, with 130 units of the total 150 released for sale snapped up since last Friday. 

UOL will release another 80 units at the official launch today. The property group said 86 per cent of buyers are Singaporean, with most buying the pricier sea view units. 

Ms Dolly Lian, UOL's general manager of marketing, said: "We believe buyers are excited about the potential transformation of the area into another waterfront city comparable to Marina Bay and an extended CBD area offering new lifestyle and workplace options."

The 351-unit condominium in Spottiswoode Park Road saw units sold at prices ranging from $1,720 to $2,150 per square foot. 

UOL said four of the seven penthouses were sold, with one fetching $1,850 psf.

Source: http://todayonline.com

And we're off!

CNA Reports: Property developer UOL Group said it will release 100 units of its Spottiswoode Residences project for preview on Friday. UOL expects the units to fetch about S$1.05M for a 1-bedroom apartment to S$2.67M for a 3-bedroom unit. The developer added that sizes for typical 1-bedroom to 3-bedroom apartments vary from about 600 sqft to 1,400 sqft.
Read more at http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1092872/1/.html

Phase One

For Phase 1 marketing, which covers the ex-owners and VIPs, the likely stacks to be released is as follows:

Types	Phase I
1 Bedroom	Stack 5, 12
1 Bedroom + Study	Stack 4
2 Bedroom	Stack 2, 6,
3 Bedroom	Stacks 3

The level to be released will be on a progressive basis, up till level 27^th.   Please note that for the initial release, it does not mean that the units will be released all the units up to 27^th  floor.