80 per cent sold

Cosmo launched last Saturday quietly sold more than 80 per cent of its 45 units within a week. 
 
The freehold Cosmo, located 400m from the upcoming Mountbatten MRT Station, fetched average prices of $1,050 to $1,100 psf. 
 
As at Friday, a few two-bedroom and duplex units were still available, priced at between $700,000 and $925,000. 
 
Mr Melvin Poh, the managing director of Cosmo developer Fission Development, describes the area as ‘quite exciting’, as there are so many billion-dollar projects sprouting up nearby. 
 
He expects home rentals in the area to hold steady, given its proximity to the city and a future MRT station.

Launching soon

47-unit Cosmo at Guillemard Lane is likely to be launched within weeks. Prices could be $1,100 to $1,200 per sq ft (psf),