kopar at newton showflat

"Buyers were predominantly Singapore citizens, although we also had some permanent residents and a few foreigners who are based here," said Mr Ng.This makes the 378-unit development the test case on how developers could launch projects at showflats in the coming weeks, reported The Business Times. In its advisory, COH strongly urged developers to offer viewing at sales galleries by appointment to minimise queues. kopar at newton condo

These include ensuring that there is no more than one person per 16 sq m of usable space within the sales gallery. This means that a sales gallery with a usable space of 1,600 sq m must only have not more than 100 persons inside the gallery at any one time, which include the developer’s staff, agents, cleaners and prospective buyers/visitors.

Groups within the gallery should also not exceed 10 persons, inclusive of the sales agent. Developers should also comply with relevant health advisories, such as temperature taking.Moreover, developers are mandated to implement space markings at queues as well as relevant areas within the sales gallery like the place where the project model is displayed, making sure that groups disperse quickly.

In case of non-compliance with the advisory, a developer may be ordered to close the show gallery until it has complied with the measures.

Developers that intend to open show galleries for public viewing should approach the COH to confirm the measures they will put in place prior to opening the show gallery to the public.

The staff of COH may visit the showflat and check whether the arrangements put in place by the developer comply with the requirements.Chip Eng Seng opened the sales gallery of its Kopar At Newton project on 25 March, on a site adjacent to the actual location of the development.

With entry strictly via appointments, the developer only offers seven slots per day of one-and-a-half hours each. Each slot is limited to not more than 10 groups of up to five persons, inclusive of the property agent. This works out to a maximum of 50 visitors at any time – which is within the 80 people limit based on the usable space of the show gallery.

The wholly-owned unit of Chip Eng Seng Corporation is expected to price the 99-year leasehold project at around $2,350 per sq ft (psf) on average. “Prior to the Covid-19 outbreak, we were looking at an average price of $2,500 psf,” said Ng.Prices begin from $1.09 million for a 517 sq ft one-bedder and $1.35 million for a 614 sq ft two-bedder. The eight penthouses on Level 23, measuring between 1,350 sq ft and 2,900 sq ft, will be offered from $3.5 million to $8.2 million.

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We already had Showsuite on board with us, and their technology certainly facilitated the quick commencement of sales on Saturday," he added.That said, Mr Ng noted that even with the Showsuite platform, it would have been difficult to launch sales during the moratorium "because you would still need to gather some of the key people - from the developers' side as well as the key persons in charge from each of the four property agencies - even if they are not in the same physical space as the buyer and serving agents".

This would not be allowed given that, except for suppliers and supply chains of essential services, activities at all workplaces and retail outlets must be suspended during the four-week period as part of the stricter measures to minimise the further spread of Covid-19.

Showsuite chief executive officer Karamjit Singh said: "We are grateful to the four joint marketing agencies who were trained to carry out the transactions remotely, thereby achieving decentralisation. Each were given their dedicated and secure dashboards connected to our real-time inventory management platform. We also adopted video-conferencing for training and off-site tech-support to ensure the smooth running of the process."Kopar At Newton will have two towers of 23 storeys each. Units will range from one-bedroom to five-bedroom apartments; there will also be penthouses.

This is the third project launch that Chip Eng Seng has done in partnership with Showsuite, after Park Colonial and Parc Komo.SINGAPORE (THE BUSINESS TIMES) - CEL Development, a fully-owned subsidiary of mainboard-listed Chip Eng Seng Corporation, has sold 77 units at the launch of its 378-unit Kopar At Newton condo project over the weekend.

The 99-year leasehold project is located off Newton Circus.CEL executive director Michael Ng said the project average price is $2,350 per square foot (psf), as stated previously."We have not had time to calculate the average per square foot price for the units sold over the weekend. Most of the units that have been sold are one and two-bedroom apartments," he said.The cheapest units transacted were a couple of one-bedders priced at $1.098 million each. Also sold was a penthouse of about 3,305 sq ft that went for $7.88 million.

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