Forett sold over 30% of its units during Launch

As the 1^st launch after the circuit breaker, Forett at Bukit Timah has recorded an impressive result on its launch day, with over 30% sold over the long National Day weekend. Forett at Bukit Timah is also the 1^st project launch to conduct virtual balloting over Facebook Live.

More than 23,000 viewers watched the “virtual balloting” on August 8, where buyers could book their choice units at the comfort of their own home or anywhere in the world. Close to 90% of the buyers are Singaporeans who are mostly buying for own stay. A balanced mixture of two, three, four & five bedrooms was sold, and with some family are buying up several units to be close to each other. These buyers are attracted to Forett at Bukit Timah as Forett is a home close to nature and yet with luxury that pampers one after hard day work.

Forett at Bukit Timah is also well received because it is one of the rare launches in Singapore that is Freehold built on an expansive site area of more than 360,000 sqft. Furthermore, like surrounding hot-selling leasehold projects like Daintree Residence and View at Kismis, it will benefit from the upcoming transformation of the Bukit Timah area. Lastly, at an average price of units around S$1,880 PSF, its pricing is competitive to most 99-years leasehold development in RCR region of Singapore, attracting value-seeking buyers.

With a spectacular performance, Forett will add an early bounce to new homes sales number for August 2020, which will underscore the resilience of the Singapore residential market. In June & July, close to 1,00 units were sold in each respective months. The strong sales at Forett will boost the confidence of developers who will be launching their projects in the upcoming months.

With the stamp of approval from the market, you should Book your Showflat Appointment today to avoid missing out this golden opportunity to own a Freehold development at an attractive price point. See you soon!