86% (668 Units) of The Artra in Toa Payoh Sold at Launch, Averaging S$2,704 per Sq Ft

The Orie, a new private residential project located in Toa Payoh, is one of the first new projects launched in 2025. It received an enthusiastic response during the first weekend of its launch, with 668 out of 777 units sold, equivalent to 86%.

The Orie is jointly developed by City Developments, Frasers Property and Sekisui House from Japan. It started to be previewed by buyers on January 3rd.

A joint statement released by the three developers on Sunday (19th) said that the average price per square foot of the 668 units sold was S$2,704, and Singaporean buyers accounted for 93%.

The remaining 7% of the buyers are non-citizens. They are permanent residents from mainland China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India, and South Korea. One unit was purchased by a non - permanent resident American buyer.

The developer said that the robust sales of The Artra reflect the pent-up demand in the Toa Payoh area. The last time a new private housing project was launched in this area was in 2016.

$(C09.SI)$ $(TQ5.SI)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":394497629577592,"tweetId":"394497629577592","gmtCreate":1737344103477,"gmtModify":1737344109241,"author":{"id":4102068993518380,"idStr":"4102068993518380","authorId":4102068993518380,"authorIdStr":"4102068993518380","name":"TigerNews_SG","avatar":"https://community-static.tradeup.com/news/a01a68b5f150817d01a3315fdbcaa598","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":324,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"86% (668 Units) of The Artra in Toa Payoh Sold at Launch, Averaging S$2,704 per Sq Ft","html":"<html><head></head><body><p>The Orie, a new private residential project located in Toa Payoh, is one of the first new projects launched in 2025. It received an enthusiastic response during the first weekend of its launch, with 668 out of 777 units sold, equivalent to 86%.</p><p>The Orie is jointly developed by City Developments, Frasers Property and Sekisui House from Japan. It started to be previewed by buyers on January 3rd.</p><p>A joint statement released by the three developers on Sunday (19th) said that the average price per square foot of the 668 units sold was S$2,704, and Singaporean buyers accounted for 93%.</p><p>The remaining 7% of the buyers are non-citizens. They are permanent residents from mainland China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India, and South Korea. One unit was purchased by a non - permanent resident American buyer.</p><p>The developer said that the robust sales of The Artra reflect the pent-up demand in the Toa Payoh area. The last time a new private housing project was launched in this area was in 2016.</p> <a href=\"https://ttm.financial/S/C09.SI\">$(C09.SI)$</a> <a href=\"https://ttm.financial/S/TQ5.SI\">$(TQ5.SI)$</a></body></html>","htmlText":"<html><head></head><body><p>The Orie, a new private residential project located in Toa Payoh, is one of the first new projects launched in 2025. It received an enthusiastic response during the first weekend of its launch, with 668 out of 777 units sold, equivalent to 86%.</p><p>The Orie is jointly developed by City Developments, Frasers Property and Sekisui House from Japan. It started to be previewed by buyers on January 3rd.</p><p>A joint statement released by the three developers on Sunday (19th) said that the average price per square foot of the 668 units sold was S$2,704, and Singaporean buyers accounted for 93%.</p><p>The remaining 7% of the buyers are non-citizens. They are permanent residents from mainland China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India, and South Korea. One unit was purchased by a non - permanent resident American buyer.</p><p>The developer said that the robust sales of The Artra reflect the pent-up demand in the Toa Payoh area. The last time a new private housing project was launched in this area was in 2016.</p> <a href=\"https://ttm.financial/S/C09.SI\">$(C09.SI)$</a> <a href=\"https://ttm.financial/S/TQ5.SI\">$(TQ5.SI)$</a></body></html>","text":"The Orie, a new private residential project located in Toa Payoh, is one of the first new projects launched in 2025. It received an enthusiastic response during the first weekend of its launch, with 668 out of 777 units sold, equivalent to 86%. The Orie is jointly developed by City Developments, Frasers Property and Sekisui House from Japan. It started to be previewed by buyers on January 3rd. A joint statement released by the three developers on Sunday (19th) said that the average price per square foot of the 668 units sold was S$2,704, and Singaporean buyers accounted for 93%. The remaining 7% of the buyers are non-citizens. They are permanent residents from mainland China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India, and South Korea. One unit was purchased by a non - permanent resident American buyer. The developer said that the robust sales of The Artra reflect the pent-up demand in the Toa Payoh area. The last time a new private housing project was launched in this area was in 2016. $(C09.SI)$ $(TQ5.SI)$","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/394497629577592","repostId":0,"isVote":1,"tweetType":1,"viewCount":90,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["C09.SI","TQ5.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":871,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/394497629577592"}