Echelon was launched as early as January 2013 and had closed its land bid tender at $754.40 psf with an estimated breakeven at $1203 psf. Its historical high in sales was $2474 psf in comparison to the lowest at $1346 psf, giving it an average sale price of approximately $1531 psf.
In April 2013, Mon Jervois, tucked at the quiet enclave, was launched and units were sold at an average price of $1824 psf despite closing its land bid at $880.70 psf. The estimated breakeven cost was $1404 psf.
Launched in the later part of 2013, Alex Residences had the land sale closed at $970.20 psf and was estimated to break even at $1450 psf. It was not unforeseen as this project is with closest proximty to the Redhill MRT. They clocked an average of $1712 psf sales thus far.
Situated right beside Queenstown MRT station, Commonwealth Towers,which was launched in May 2014 was bidded at $882.80 psf to close off the land sales. The units were sold at an average price of $1721 psf. Approximately 44.3% of the 845 units were sold as of 21st July 2015.