What Happens When a “Well-Priced” Condo Hits the Resale Market

When Grandeur Park Residences launched back in 2017, it drew a lot of attention from prospective buyers. Around 10,000 visitors packed into the sales gallery over the first weekend preview in February, and about 417 units (58%) of the 720 units at the condo were sold then sales started the following month.

The one-bedroom units at Grandeur Park Residences sold particularly well, given the project’s proximity to Tanah Merah MRT station on the East-West Line (EWL) and large catchment of tenants in that area.

Tanah Merah station is also a terminus on the EWL towards Changi Airport, an important consideration for workers and professionals in the aviation industry basedat Singapore’s international airport.