UOL Sells 70% Of Units At Clavon On Launch Weekend At An Average Of $1,640 psf

SINGAPORE (EDGEPROP) – Singapore-listed UOL Group and its subsidiary, United Industrial Corp (UIC) announced that about 70% of Clavon has been taken up on the first weekend of launch. This works out to about 442 out of a total of 640 units at the 99-year leasehold condo located at Clementi Avenue 1, which was launched on Dec 12.

Jesline Goh of UOL Group (left) on Dec 12, where sales was conducted by balloting of units (Photo: UOL Group)

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Clavon Units were sold at an average price of $1,640 psf, according to UOL. Demand was seen across all unit types, including the large format units, such as the three-, four- and five-bedroom apartments. “We believe the buyers like the well-designed layouts with strong product attributes that meet changing lifestyles and integrate live, work and play,” says Jesline Goh, UOL Group chief investment and asset officer.

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Source From: dated 13 December 2020

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