Norwood Grand

2024 - 10 - 19

Norwood Grand: Where 84% of Units Vanished Faster Than Your Favorite Snack!

City Developments Ltd - Kwek Leng Beng - Norwood Grand - property investment - Singapore real estate market - Woodlands

Norwood Grand has topped the charts with 84% of its units sold in just one weekend! Discover why this Woodlands gem has everyone buzzing!

In an astonishing turn of events over the launch weekend, Norwood Grand has made waves in the Singapore property market, selling an impressive 84% of its 348 residential units—292 units, to be exact! With an average selling price of S$2067 per square foot, this new residential project in Woodlands has quickly become the talk of the town, attracting a flood of eager homebuyers. It's not just about the numbers; this spectacular selling spree illustrates a resurgence of confidence among Singaporean homebuyers and permanent residents eager to stake their claim in the bustling real estate market.

Situated strategically in Woodlands, Norwood Grand offers a unique blend of comfort and modernity, appealing to both young professionals and families alike. Buyers flocked to the sales gallery not just for the excellent layout and amenities but also to secure their slice of prime real estate. Unlike your average ice cream sale, there was no hesitation—many home seekers dove headfirst into making their purchases, with almost all buyers being Singaporeans or PRs. Can you blame them? Everyone loves a great deal, especially when the competition is as fierce as trying to catch a taxi during peak hours!

What sets Norwood Grand apart from other residential projects? Aside from its impressive sales figures, the property boasts close proximity to essential amenities, recreational spaces, and transport links, making it an attractive hub for daily living. It’s no surprise that City Developments Ltd (CDL) is celebrating this successful launch, as it is officially the best-performing private residential project so far in 2024. Now, if only they could find a way to ensure all units came with complimentary bubble tea!

As we peel back the layers of this real estate phenomenon, it's essential to consider the underlying trends that continue to drive sales in Singapore's property market. With increasing demand for eco-friendly living, developers are taking note and focusing more on sustainable projects. Additionally, the high levels of migration and Singapore's rising population are fueling the ongoing need for residential spaces. If there's one lesson from Norwood Grand, it's that while deals may be fleeting, smart investments are here to stay!

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Image courtesy of "City Developments Limited"

84% of units at Norwood Grand snapped up on launch weekend ... (City Developments Limited)

292 out of 348 units (84%) sold at an average selling price of S$2067 psf Almost all homebuyers are Singaporeans and PRs Homebuyers drawn to the ...

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Image courtesy of "The Business Times"

CDL's Norwood Grand sells 84% of units at S$2067 psf at launch (The Business Times)

WOODLANDS residential project Norwood Grand sold 292 units, or 84 per cent of its 348 units, over its launch weekend, at an average selling price of S$2067 ...

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Image courtesy of "EdgeProp.sg"

CDL's Norwood Grand achieves 84% sales at an average price of ... (EdgeProp.sg)

Singapore-listed property developer City Developments Ltd (CDL) saw buyers converging on the sales gallery of Norwood Grand over the past two weekends.

CDL's Norwood Grand sells 84% of units at $2067 psf at launch (The Straits Times)

Norwood Grand, in Woodlands, was the best-performing private residential project launch so far in 2024, CDL said. PHOTO: CDL. Elysia Tan. Updated.

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Image courtesy of "The Business Times"

CDL's Norwood Grand sells 84% of units at average of S$2067 psf ... (The Business Times)

WOODLANDS residential project Norwood Grand sold 292 units, or 84 per cent of its 348 units, over its launch weekend, at an average selling price of S$2067 ...

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Image courtesy of "Forbes"

Billionaire Kwek Leng Beng's CDL Sells 84% Of Singapore Housing ... (Forbes)

Billionaire Kwek Leng Beng's City Developments sold 84% of a residential project in northern Singapore, adding to signs of resilient demand in the ...

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Image courtesy of "Singapore Business Review"

Norwood Grand sells 84% of units during weekend launch (Singapore Business Review)

Almost all (99.7%) of its buyers were Singaporeans and Permanent Residents from China, India and Malaysia. CDL said all units released during the launch had ...

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