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text-4xs tracking-[1px] text-gray-650"><span class="ml-1">SUBSCRIBERS</span></div></div><h1 data-testid="article-title" class="mb-2 font-lct text-4xl font-bold !leading-[1.3] tracking-[-0.045rem] text-gray-850 md:px-6 md:text-10xl">696 out of Chuan Park’s 916 units sold on launch weekend at average of S$2,579 psf</h1><p class="mb-6 mt-2 font-lucida text-xl tracking-[-0.075rem] text-gray-850 md:px-6 md:text-4xl md:leading-normal">Lack of new projects in the area and a large pool of potential buyers looking to upgrade are among the reasons for the strong performance</p><div class="mb-6 md:px-6 min-h-[50px] text-gray-850 mt-4 space-y-4 md:flex md:flex-wrap md:space-y-0" data-testid="article-authors-list-component"><div class="flex flex-row items-start justify-start gap-2" data-testid="byline-component"><div class="flex flex-shrink-0 flex-row items-center justify-start"><img class="rounded-full" src="https://cassette.sphdigital.com.sg/image/businesstimes/83556869b07fda2527474862b4f240f8f0d1286b1d2111c04909b60278e77bf3" alt="Chong Xin Wei" width="50" height="50"/></div><div class="flex flex-col flex-wrap pl-2"><div class="flex flex-wrap gap-x-1.5"><h4 class="align-middle font-poppins font-semibold text-gray-850 word-break text-base" data-testid="byline-name-component"><a class="!text-gray-850 hover:underline" href="/authors/chong-xin-wei" target="_blank">Chong Xin Wei<!-- --> </a></h4></div><div class="font-public-sans text-xs font-normal leading-6 text-gray-650"><span data-testid="article-published-time">Published <!-- -->Mon, Nov 11, 2024 · 09:38 AM</span><span data-testid="article-updated-time"> — Updated Mon, Nov 11, 2024 · 04:20 PM</span></div></div></div></div><div class="mb-3 flex items-center justify-between border-b border-t border-gray-250 py-3 md:mx-6 md:mb-6 md:py-4"><div data-testid="article-keyword-filter-first" class="w-full"><div 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bg-gray-250"></div></div></li></ul></div></div><div class="splide"><div class="splide__track"><ul class="splide__list"><li class="splide__slide"><div><div class="py-2 px-3 font-poppins text-xs text-gray-850 md:px-8">Chuan Park, a 99-year leasehold development along Lorong Chuan, has three 22-storey and two 19-storey tower blocks, as well as two commercial units. PHOTO: KINGSFORD GROUP</div></div></li></ul></div></div></div><div class="body-content tracking-tighter mb-6 mt-4 font-lucida text-lg font-medium leading-normal tracking-[-0.05625rem] text-gray-850 antialiased md:px-8 md:text-xl" data-testid="article-paragraphs-component"><div class="relative [&amp;&gt;*:last-child]:relative [&amp;&gt;*:last-child]:after:absolute [&amp;&gt;*:last-child]:after:inset-0 [&amp;&gt;*:last-child]:after:bg-gradient-to-t [&amp;&gt;*:last-child]:after:from-white [&amp;&gt;*:last-child]:after:to-transparent mb-4 md:mb-6"><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">SOME 76 per cent of the 916 units at Chuan Park were sold on their launch weekend at an average price of S$2,579 per square foot (psf). </p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">A total of 696 residential units of the 99-year leasehold development were sold, said a spokesperson from developer Kingsford Group in a Monday (Nov 11) morning update. </p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Chuan Park is a redevelopment of the former condo of the same name, which Kingsford Group purchased en bloc for S$890 million in May last year. </p></div><div class="mb-6 border-t border-gray-175"><section class="mx-auto my-4 w-full" data-testid="article-purchase-link-component"><section class="mx-auto flex w-full flex-wrap items-center justify-between gap-4 lg:gap-0 lg:px-3" data-testid="article-purchase-link-version-2-component"><p class="mb-0 font-public-sans text-xs tracking-normal">Copyright The Business Times. 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