FRX Capital has successfully completed the Mount Rosie Signature Collection, an exclusive development featuring four terraced houses and two bungalows on a 30,659 sq ft site. This prime property, located in a sought-after area, was acquired for $43.8 million in May 2021 and has since garnered significant attention from luxury buyers. The collection has emerged as a notable addition to the local real estate landscape, characterized by its stylish design and strategic location.
The Mount Rosie Signature Collection consists of four elegantly designed terraced houses and two spacious bungalows. The terraced houses have already shown remarkable sales performance, with three of the four units sold shortly after their launch. The selling prices for these properties reflect their luxury status; the first two terraced houses achieved impressive sales of $12.35 million and $9.58 million, respectively. Additionally, a six-bedroom bungalow within the collection sold for a staggering $33.89 million as of November 2023, indicating a strong demand for high-end residential options in the area.
One of the most attractive features of the Mount Rosie Signature Collection is its elevated location, which offers breathtaking views of the surrounding greenery and the cityscape. This picturesque setting makes it an appealing choice for affluent buyers seeking tranquility and aesthetics. Furthermore, the development's proximity to reputable schools enhances its desirability, especially for families looking to invest in quality education for their children. This combination of scenic beauty and educational opportunity creates a compelling proposition for potential homeowners.
The project achieved its Temporary Occupation Permit (TOP) in February, signaling the readiness of the residences for occupancy. Following this milestone, FRX Capital anticipates an increase in buyer interest, which could potentially lead to the sale of the remaining units within the next three months. The swift sales of the already sold properties suggest a robust market for 'entry-level' landed properties, which are becoming increasingly sought after by discerning buyers.
As luxury properties continue to attract attention, the Mount Rosie Signature Collection stands out for its unique offerings and strategic location. The completion of this development not only reflects FRX Capital's commitment to delivering high-quality residential projects but also highlights the growing demand for landed properties in the region. With the market showing signs of vitality, the remaining terraced house in the collection is likely to generate significant interest in the coming months.
NEW CONDO LAUNCH: SPRINGLEAF MODERN
Springleaf Modern is an exciting new condo launch featuring 105 residential units with diverse floor plans ranging from one to four bedrooms.
Strategically located in the desirable Springleaf area, this development offers modern architectural designs and premium finishes, appealing to upper-middle-class families seeking quality living spaces.
The competitive pricing strategy targets first-time buyers in a rising market, making it an attractive option for those looking for entry-level properties.
For more details, including Springleaf Modern project information and pricing, "View SPRINGLEAF MODERN ShowFlat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment."
News Source: Edgeprop
Images are not actual photos. For illustration purpose only.