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Kingswood Residence sees encouraging turnover rate
Kingswood Residence sees encouraging turnover rate Singapore
By   shicheng news
  • City News
  • Kingswood Court Transaction
  • Singapore Property
  • Property Data
Abstract: SINGAPORE, 24 July 2023 - Amidst the hot property market, Kingswood Court in Jurong continues to perform strongly, with the development by Wing Tai Holdings (Wing Tai) announcing encouraging sales figures for the project.

According to the latest release, as of 6pm that evening, 71 units of Kingswood Court had been sold, representing 34 per cent of the 211 units that have been launched. This sales result has attracted a lot of attention in the market!

 

Located at Jurong Parkview Road (Yuen Ching Road), Kingswood Court is favoured by home buyers because of its prime location and rich neighbourhood amenities. According to calculations, based on the project's total unit count of 306 units, sales of Kingswood Court have reached 23.2 per cent, demonstrating strong market appeal.

 Kingswood Residence sees encouraging turnover rate

The diversity of buyers at Kingswood Court reflects Singapore's multicultural society. About 73 per cent of the buyers are local Singaporeans, 25 per cent are permanent residents and only a small percentage are foreigners. This figure further highlights the project's popularity among local homebuyers.

 

Among the many house types, the two-bedroom units at Kingswood Court were particularly favoured by buyers. This trend may be closely related to factors such as family needs and investment considerations. As a project with a 99-year lease, Kingswood Court offers homebuyers stable living and investment opportunities.

 

In summary, the outstanding sales performance of the Kingswood Court project within a short period of time is remarkable and demonstrates the strength and attractiveness of Wing Tai Holdings in the property market. The project has benefited not only from its excellent location and diversified composition of homebuyers, but also from the design and planning of the project itself. As the market continues to change, Jiahu Ting will continue to be the centre of attention and lead the market trend.

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Kingswood Residence sees encouraging turnover rate
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