Half the 120 units at Panorama sold on first day
SALES at a mass-market condominium project in Ang Mo Kio drew a lukewarm response from homebuyers today, with just half of the 120 units released for sale being booked.
The Panorama, a 698-unit, 99-year leasehold project located at Ang Mo Kio Avenue 2 is developed by Wheelock Properties.
Still, Wheelock senior executive director Tan Bee Kim said in a statement that she is "encouraged by the market response."
The property market is still feeling the effects of the series of cooling measures, Ms Tan said, though she noted the World Bank has raised its forecast for global growth.