Over the past three days, the sales gallery for Blossoms By The Park at Slim Barracks Rise, in the one-north district, has seen close to 4,000 visitors since its launch on April 14. According to Lim Yew Soon, managing director of EL Development, most of these visitors appear to be local.
The private housing development offers a total of 275 units with a selection of residential choices ranging from one-bedroom-plus-study to four-bedroom-premium units. Prices range from $1.291 million ($2,352 psf) for the former, to $3.335 million ($2,213 psf) for the latter.
These prices have been estimated by Ken Low, managing partner of SRI, to have an average sale price of around $2,350 to $2,400 psf.
If location is a factor of consideration, the development’s proximity to the Buona Vista MRT Interchange Station, The Star Vista mall, Fairfield Methodist School, and the Greater Southern Waterfront should be attractive to potential investors.
On April 29, EL Development will be launching the project and is expecting a good turnout. In anticipation, Edge Landlocs has recently put up a listing of nearby properties for potential buyers to check out as well.