Young couples lead demand for Sky Vue units

Attracted by the layout, amenities and location.

CapitaLand revealed that young couples drove the demand for Sky Vue, which launched over the weekend having sold the majority of its units.

The company reports that as at 7:00pm of Saturday, 410 of the 505 units released for sale have been sold with one- and two-bedroom units being the most popular among buyers.

Mr Wong Heang Fine, CEO (Residential) of CapitaLand Singapore said, “We are encouraged by the strong support from our homebuyers and investors who share our vision of Sky Vue as a chic contemporary home for urbanites in one of the most desired city-fringe locations in Singapore. Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall. Designed to appeal to the aspirations of urbanites, Sky Vue looks set to redefine city-fringe living in Singapore.”

The average price achieved for all the units sold is $1,500 psf. The average price of a one-bedroom unit is $750,000 while that of a two-bedroom unit is $933,000. The average price of a two-bedroom suite is $1.15 million and the average price of a three-bedroom unit is $1.58 million. Located in Bishan Street 15, the 99-year leasehold development has a total of 694 units.