AMO Residence

2022 - 7 - 24

Post cover — Image courtesy of "EdgeProp.sg"

Amo Residence 98% sold on first day of launch (EdgeProp.sg)

The fast-paced sales at AMO Residence wrapped up the evening of July 23 with 98.1% of the 372 units in the project taken up. The average price of units sold ...

AMO Residence condo in Ang Mo Kio over 98% sold on first day of ... (The Straits Times)

SINGAPORE - AMO Residence, a joint private residential project between developers UOL Group, Singapore Land Group and Kheng Leong Company, sold over 98 per ...

Home loan rates have been steadily rising since the fourth quarter of last year, when three-year fixed deals were at 1.15 per cent. Mr Anson Lim, UOL general manager of residential marketing, said demand was strong as AMO Residence is the first major private residential project in the mature housing estate of Ang Mo Kio in more than eight years. A total of 365 units of the 372-unit Ang Mo Kio development was sold on the first day, leaving just seven unsold units.

AMO Residence sells over 98% of its 372 units on launch weekend (The Business Times)

The 99-year-leasehold private residential development, which is a joint venture between UOL Group, Singapore Land Group and Kheng Leong Company, has sold over ...

98% Of AMK Condo Units Sell Out On 1st Launch Day, Only 7 Flats ... (Must Share News)

On the launch day of AMO Residence, a condo at AMK, 98% of units were sold. Only seven out of the 372 units remain unsold.

According to EdgeProp, UOL general manager Mr Anson Lim said demand is strong as this is the first major private residential project in the mature estate of Ang Mo Kio in over eight years. On Saturday (23 Jul), AMO Residence launched to an overwhelming response, selling out 98% of the available units. Out of the 372 available units, 365 units were snapped up on launch day. On the day itself, 98% of units were sold out, leaving only seven unsold units, reported The Straits Times (ST). This is probably why when an Ang Mo Kio condominium, AMO Residence, was launched on Saturday (23 Jul), many rushed to buy a unit. AMO Residence Condo In Ang Mo Kio Sells 365 Units On Launch Day

Why buyers swarmed to secure a unit at AMO Residence? (Singapore Business Review)

Outside Central Region's (OCR) first major new launch, AMO Residence, was swarmed by buyers during its first day of launch.

Citing data from URA Realis caveat, Wong said resale transactions at The Panorama were priced in the range of $1,626 psf to $1,819 psf in Q2 2022. Wong said the project is also the first non-landed new private residential project in the OCR in eight years, thus the robust take-up for its units. The project sold over 98% of its units on the first day of its launch.

Billionaire Wee Cho Yaw's UOL Sells 98% Of Singapore Condo ... (Forbes)

UOL Group Ltd.—controlled by banking and real estate billionaire Wee Cho Yaw—has sold almost all the units of a suburban high-rise residential condominium ...

The company—in partnership with Wee’s Singapore Land and Kheng Leong Co.—sold over 98% of the 372 units at AMO Residence in Ang Mo Kio in central Singapore during the project’s weekend launch. The average selling price for the project—comprising two 25-story residential towers with unblocked views of the Bishan-Ang Mo Kio Park—is about S$1,890 per square foot. The project’s robust sales adds to signs pent-up demand for private housing in Singapore remains robust, with buyers undeterred by rising interest rates and mounting inflationary pressures that could tilt the global economy into another recession.