Strong interest at the showflat of Kassia, Tripartite Developers’ final new launch in Flora Drive.
Kassia Sees
Strong Demand
With 52% Sold
On Launch
Weekend
Tripartite Developers sold 52% (144 units) of the 276-unit freehold Kassia condominium during its launch weekend July 20-21. Tripartite is a joint venture comprising Hong Leong Holdings Limited, City Developments Limited, and TID Pte. Ltd.
Kassia has since moved 11 more units, bringing to a total of 155 units (55%) sold as of 4 August 2024. Kassia is the final project by Tripartite Developers in the Flora Drive area in Singapore’s Upper Changi Road North. (Please click here for Tripartite’s 50-year history in the area.)
The take-up rate was good at a selling price ranging between S$1,821 to S$2,177 per square foot (psf), with the one and two-bedroom being the most popular. Around 90% of the buyers are Singaporeans, while Permanent Residents make up the remaining 10%.
With a good mix of unit types, the apartments are competitively priced from S$883,000 for 1-bedder (473 sq ft), S$1.196 million for 2-bedder (656 sq ft), S$1.659 million for 3-bedder (904 sq ft), and S$2.462 million for 4-bedder (1,345 sq ft).
Ms Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings said, “The encouraging take-up for Kassia by local homebuyers reflects a resilient demand for a thoughtfully designed home that is in harmony with nature and a quiet locale, coupled with enhanced transport connectivity. With the functional layouts offered, we believe our buyers will be delighted with their new homes.”
Situated on a 14,013.40 sqm (or approximately 150,838 sq ft) site, Kassia is in District 17 off Upper Changi Road North and will comprise four blocks of eight storeys each upon completion in 2027.