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1. Written by News on 24-07-2009 03:05
 
 
85% of 138 units sold
GUOCOLAND Group’s Sophia Residence has drawn a strong response from property buyers here, with 85 per cent of its 138 released units sold thus far. 
 
The 138 units included 100 units that were released during the official launch of the development last weekend. GuocoLand said it decided to release 100 units as the initial 38 units released earlier during the preview were all snapped up. 
 
The units sold were a mix of studio, two-, three-, four-bedroom and penthouse units with selling prices ranging from $1,450 to $1,850 per sq ft. 
 
The development features 272 freehold units. All studio and two-bedroom units have been snapped up, said GuocoLand. 
 
Margaret Thean, executive director of real estate agent DTZ, pointed to Sophia Residence’s ‘extremely attractive’ location as the key draw. 
 
Sixty per cent of the buyers are Singaporeans, while the rest are permanent residents and foreigners. 
 
ERA president Jack Chua said that ‘foreign buyers are buying the units for their children’ due to the property’s proximity to institutions of learning, such as the Singapore Management University.
 
2. Written by News on 16-07-2009 03:02
 
 
85% of 88 units sold
The 272-unit Sophia Residence in the Mount Sophia enclave sold nearly 85 per cent of 88 units released at a weekend preview at $1,500 psf on average. 
 
Singaporeans accounted for 60 per cent of the buyers, with the rest being permanent residents and foreigners. 
 
These buyers included the previous owners of Sophia Court, who sold the site en bloc to developer GuocoLand.
 
3. Written by News on 10-07-2009 12:52
 
 
To be launched soon
SPURRED by the success of recent property launches at the upper end of the middle-class market, GuocoLand Ltd, the Singapore-listed arm of Malaysian tycoon Quek Leng Chan, will soon start marketing its Sophia Residence project on – where else? – Sophia Road. 
 
The 272-unit project comprises several blocks of between eight and 14 storeys nestled in landscaped surroundings on a 166,000 sq ft freehold site, which was bought in September 2007 for some $230 million. 
 
It is one of only three residential developments to have won the 2009 BCA Green Mark Platinum Award, the highest accolade for green buildings here. 
 
Units will range from 610 sq ft studios to four-bedroom apartments of up to 2,960 sq ft, and will cost $1,500 to $2,000 per sq ft, depending on the view and floor. 
 
The condominium, scheduled for completion in three years, is designed to be energy- and water-efficient, said investor relations and corporate communications head Chan Kong Leong. He expects investors to take to the well-located project – it is close to the Dhoby Ghaut MRT Station and Orchard Road. 
 
All 272 units will be on sale at the launch – with the exception of 21 penthouses. 
 
Among the main features of Sophia Residence is a 200m-long landscaped roof garden, solar panels and a smart water management and harvesting system.
 
4. Written by News on 24-12-2007 16:30
 
 
Coming ...
Other upcoming Singapore condo projects by GuocoLand include Sophia Residence, with about 270 units, which the group plans to release around Q3 next year, and an upscale development on the Leedon Heights site that is slated for launch in 2009.
 

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