Stamford Land successfully completes
Stage 1 launch for Macquarie Park Village
· All 379 units on offer snapped up on 1st day of sales to public
· AUD250M sales achieved sets a new record for the Macquarie Park precinct
SINGAPORE, Thursday 7 November 2013 – All 379 units offered were snapped up on Macquarie Park Village’s first day of sales to the public, marking the successful Stage 1 launch of Stamford Land Corporation’s latest residential development.
With an average of AUD10,000 per square metre achieved, the total sales of AUD250 million reached
on 2 November sets a new record for the Macquarie Park precinct.
A home-grown name built from scratch, Stamford Land is Australasia’s largest owner-operator of luxury 5-star hotels as well as developer of top-tier, landmark residential and commercial properties.
Stamford’s Executive Director Mr Ow Yew Heng noted: “We are pleased to see the exceptionally strong demand under the Stage 1 launch for Macquarie Park Village. This exciting new mixed-use residential development is well-timed to ride on and complement the excellent lifestyle quality, growth and vibrancy
of the Macquarie Park precinct. We plan to launch the remaining 267 apartments in Stage 2 in due course.”
Located on the freehold 22,000 square metre site of Stamford Grand North Ryde Hotel at the corner of Herring and Epping Roads in Macquarie Park, the AUD430 million mixed-use Macquarie Park Village will be home to over 1,000 residents on completion (please refer to attached press release dated 11 October 2013 for further details).
