PROPERTY developers Qingjian Realty (South Pacific) Group and Perennial Real Estate Holdings have sold 30 per cent or 190 units of their 633-unit Forett At Bukit Timah condo project on Aug 8 during a virtual booking day event.
Homebuyers who made a booking during the launch got their units at an average transacted price of S$1,880 per square foot, with interest balanced across unit types, both parties announced on Monday.
The balloting for the condo units was streamed live on the Forett At Bukit Timah Facebook page on Saturday morning. When a buyer's ballot gets called, the buyer and agent meet with the developer's team via teleconferencing for booking.
The video of the virtual booking day garnered over 23,000 views, according to Qingjian Realty and Perennial.
Located on Toh Tuck Road, freehold Forett At Bukit Timah is close to amenities along Upper Bukit Timah Road. It is also near Beauty World MRT station and the future Beauty World Integrated Transport Hub.
The project is expected to receive its notice of vacant possession on Sept 6, 2024.
The former Goodluck Garden site on Toh Tuck Road was acquired via a collective sale in 2018 for S$610 million.
The Forett at Bukit Timah sales gallery is located at Yarwood Avenue.
Perennial shares were trading flat at 94.5 Singapore cents as at 9.30am on Tuesday.
Reference: Business Times, Perennial, Qingjian Realty sell 190 units at Forett At Bukit Timah condo