Sales for CapitaLand's Sky Vue condominium in Bishan got off to a rocking start with 410 of the 505 units released for sale on Saturday sold by 7pm.
Two-bedders, with an average price of $933,000 per unit, proved the most popular among buyers, said the property developer in a statement.
CapitaLand chief executive for residential properties, Mr Wong Heang Fine, said the firm was encouraged by the strong support from homebuyers and investors. "Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall," he said.
The average price for all the units sold on Saturday was $1,500 psf. One-bedroom units and two-bedroom suites went for average prices of $750,000 and $1.15 million respectively, while the average price of a three-bedroom unit was $1.58 million.
Located along Bishan Street 15, the 99-year leasehold residential offering in Bishan Central by CapitaLand and Mitsubishi Estate Asia, has a total of 694 units.