At the beginning of this year, The Orie's sales were impressive, and the number of residential units sold in Singapore and sales increased by 85% and 155% year-on-year to 795 units and 1.9 billion yuan.
The company also said that the group's other Singapore residential projects launched by the group "continue to achieve good sales results". To date, Lumina Grand, an executive industrial management apartment project with 512 units in Bukit Bato, has sold 98%. The 638-unit joint venture in Katung has sold 93% of the Tembusu Grand. The Myst, which is located on the upper section of Bukit Tima Road and owns 408 units, has sold 82% of the sales, while Union Square Residences, which is located on Havelock Road and owns 366 units.
City Development's stock price fell 0.42% on Tuesday, closing at 4.73 yuan.
When the quarterly business report was released after the market closed on Tuesday (May 20), it pointed out that Yijingfeng sold 668 units on the first weekend of its opening, with an average selling price of 2,704 yuan per square foot. So far, 91% of Yijingfeng's 777 units have been sold (703 units).