Public Launch of GEM Residences on May 28.
PETALING JAYA: GEM Residences, Gamuda Land’s first development in Toa Payoh, Singapore sold over 55% units since its public launch a month ago.
According to the statement, GEM Residences is a high-rise condominium with 578 luxurious units spread over two tower blocks. It offers a mix of one-to five-bedroom units and two penthouses, with sizes ranging from 452 sq ft to 2,045 sq ft at approximately SGD1,426 per sq ft.
The project was jointly developed by Gamuda Land, Evia Real Estate and Maxdin Pte Ltd.
The development was situated at the centre of Toa Payoh within easy access to two MRT stations. The surrounding facilities and amenities include hawker centres, eateries, shopping places and more.
Gamuda Land managing director said Chow Chee Wah said as there are a lot of choices in the market these days, developments need to be more creative to capture the attention of potential buyers.
“As evident in the positive uptake despite challenging market conditions, value-added services can make a difference,” he added.
