A total of 1,217-units of new homes were snapped up in December with 924-units in OCR, 233-units in RCR and 60-units in CCR. The Florence Residences is also one of the TOP selling projects in December despite URA put a clamp down to the re-issue of OTP few months ago. It has sold close to 70% of total units within 2years since its initial launch. With the upcoming Cross-Island Line and future integrated hub at Hougang MRT interchange, owners of The Florence Residences will be able to enjoy capital growth in their purchase. There are still a good selections of units available for sale and with the low bank lending rates, we will still see a good run in the new home sales in the coming 2021.
Source: The Business Times
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