CITY Developments Ltd (CDL) has begun to preview its much-awaited Livia
condo at Pasir Ris at an average price of about $650 psf for the initial
batch of units.
Next to Kovan MRT Station, the 512-unit Kovan Residences was soft
launched yesterday and the average price is said to be $870 psf. Both projects
are 99-year leasehold.
Livia, the 724-unit condo is being developed at Pasir Ris Drive 1 on a plot that is part of the group's historical Pasir Ris landbank acquired decades ago.
CDL is developing Livia jointly with Hong Leong Holdings and Hong Realty.
All three companies are part of Singapore's Hong Leong Group. Livia will
have a total of 10 blocks, either 15 or 16 storeys high with units ranging
from two-bedroom apartments to four bedders. There are also 12 penthouses.
Source : Straits Times
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