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All 281 units of retirement resort sold out within hours

Published on Jan 18, 2014 6:37 AM

All 281 units at the first housing project here aimed at retirees sold out just hours after its launch yesterday as 1,000 hopeful buyers thronged the showflat.

Many were older home seekers, but plenty of younger buyers were also drawn by the relatively affordable prices at The Hillford, a mixed development marketed as a "retirement resort" by its developer, World Class Land.

By 4.30pm, all units at the project had been sold, at an average of $1,100 per sq ft (psf). Units range from 398 sq ft to 675 sq ft.

The developer could not give figures on the proportion of older and younger buyers by press time.

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