UOL, SingLand and UOL sell 31 more Watten House Units at public launch. Project now 74% Sold
Anson Lum, UOL’s director of residential marketing said that over 80 per cent (of the four- and five-bedroom apartments) had been sold. All three-bedders without private lifts were also taken up. UOL Group & Singapore Land Group – joint venture partners – have sold 133 (or 74%) of the 180 Watten House homes as of Mar 16. This is after 31 units were sold following the official launch date of the project, Mar 2. As of Mar 16, joint venture partners UOL Group and Singapore Land Group (SingLand) had sold 133 – or 74 per cent – of the 180 units at Watten House, following the sale 31 units after the project’s official launch on Mar 2.
The average selling price of the 133 units was S$3,250. Seven of the eight penthouses in this property, which are exclusive, achieved prices that ranged from S$11.7 to S$14.5million, or S$3,440-S$3,550/psf.
Watten House offers a rare opportunity to purchase a large apartment in prestigious districts. Three-bedroom-plus-study units spanning 1,539 square feet (sq ft), as well as five-bedroom units covering 2,368 sq ft with private lifts remain available.
95% of the buyers in Singapore are Singaporeans, and Singapore residents. The remainder is foreign buyers mostly from the US and Switzerland.
UOL shares ended Friday at S$5.65, down by 0.9 percent or S$0.05. SingLand shares were flat at S$1.80.
