SINGAPORE - CEL Development, a fully-owned subsidiary of mainboard-listed Chip Eng Seng Corporation, has sold 77 units at the launch of its 378-unit Kopar At Newton condo project over the weekend.
This was the first project to be launched for sale amid the heightened Covid-19 guidelines around crowd avoidance announced on March 24 and ahead of the 28-day circuit-breaking moratorium announced by the Singapore authorities last Friday which would see all showflats closed from April 7 to May 4.CEL executive director Michael Ng said the project average price is $2,350 per square foot , as stated previously.
That said, Mr Ng noted that even with the Showsuite platform, it would have been difficult to launch sales during the moratorium"because you would still need to gather some of the key people - from the developers' side as well as the key persons in charge from each of the four property agencies - even if they are not in the same physical space as the buyer and serving agents".
Showsuite CEO Karamjit Singh said:"We are grateful to the four joint marketing agencies who were trained to carry out the transactions remotely, thereby achieving decentralisation. Each were given their dedicated and secure dashboards connected to our real-time inventory management platform. We also adopted video-conferencing for training and off-site tech-support to ensure the smooth running of the process.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »