According to GuocoLand, the strong demand also reflects market confidence in the Springleaf area’s growth potential, in line with URA’s vision of Springleaf as a vibrant neighbourhood that harmonises urban living with natural spaces. “This marks the start of Springleaf’s transformation into one of Singapore’s most sought-after private residential enclaves, building on the success we achieved at Lentor Hills estate,” says Dora Chng, residential director at GuocoLand.
Joint developers GuocoLand and Hong Leong sold 870 of the 941 units at Springleaf Residence during the first two days of launch from August 15 to 16. Units were sold at an average price of $2,175 psf.
Almost all of the 340 two-bedroom units in the five 25-storey towers were sold out, and 95% the 384 three-bedroom units and 138 four-bedroom types were taken up. Five-bedroom units saw 45% of the 71 units sold.
