Demand for a new waterfront development, Reflections at Keppel Bay, has been positive, with 98 per cent of the 700 launched units sold as at the end of last month.
This was disclosed as the developer Keppel Land topped out the first tower today.
It’s the first of the six glass towers to be completed in the waterfront residence development.
Keppel Land chairman Choo Chiau Beng, who is also CEO of the parent Keppel Group, said positive economic sentiments, an improved job market and the buzz generated by the two integrated resorts, contributed to the return of buying interest in the residential market.
Keppel Land also disclosed that it launched another 30 units at the development for sale over the last weekend due to strong buyer interest.
Reflections at Keppel Bay has been billed as being ecologically responsible, achieving the Green Mark Gold Award by the Building and Construction Authority in 2008.
Reflections at Keppel Bay is master architect Daniel Libeskind’s first residential showcase in Asia.
Source : Channel NewsAsia – 24 Mar 2010
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