8@BT achieves strong launch, selling 53% of its units post-Ghost Month

Units sold during launch had an average price of $2,719 psf.

8@BT sold 53% or 83 of its 158 units, making it the second project launch to exceed a 50% sales take-up rate after the June holidays, Huttons reported.

It is also "one of the best showings" in 2024 so far, in terms of launch take-up rate, behind Lentor Mansion, which sold 75% of its units, and ahead of Kassia, which sold 52% of its units.

During its launch, 118 units were released, with 83 units—70%— sold at an average price of $2,719 psf.

Bukit Sembawang Estates Limited reported that, as of 22 September, the project sold nearly 91% of its 1-bedroom units, 60% of its 2-bedroom units, and 49% of its 3-bedroom units.

The majority of buyers (99%) were Singaporeans or permanent residents (PRs), with one foreign buyer from the USA. "We also saw a healthy proportion of upgraders and right sizers," Bukit Sembawang Estates Limited said.

"The design of all the units is well thought through. The 1- and 2-bedroom unit layouts are highly efficient, with minimal corridors and no balconies. The landscape layout of the living and dining areas in all units further adds to the appeal," Huttons commented.

Follow the link s for more news on

Huttons Asia

PropNex

property for sale

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia