The Reserve Residences sells 66% of total units at an average of $2,450 psf
Property giant Far East Organization and its joint venture partner, Sino Group, have announced the successful sale of 486 units at The Reserve Residences as of 6pm on May 27, the day of the project’s launch. Out of the total 732 units in the development, the developers released only 587 units for sale. This impressive sales figure represents 83% of the released units and 66% of the total units.
According to Shaw Lay See, the COO of the sales and leasing group at Far East Organization, this remarkable achievement on the first day of sales is a testament to the thoughtful design, strategic location, and the scarcity of integrated developments with a transport hub. These factors have made The Reserve Residences highly appealing to homebuyers. Shaw further expressed confidence that the high-floor units, sky terrace homes, and penthouses with exceptional views will continue to captivate prospective buyers.
On the launch day, the sales gallery was closed for sales balloting, and it will be open to the public starting from tomorrow, May 28, as mentioned by Shaw.
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More than 70% of units at The Reserve Residences in Bukit Timah sold at launch weekend
