The Orie, a new private residential project located in Toa Payoh, is one of the first new projects launched in 2025. It received an enthusiastic response during the first weekend of its launch, with 668 out of 777 units sold, equivalent to 86%.
The Orie is jointly developed by City Developments, Frasers Property and Sekisui House from Japan. It started to be previewed by buyers on January 3rd.
A joint statement released by the three developers on Sunday (19th) said that the average price per square foot of the 668 units sold was S$2,704, and Singaporean buyers accounted for 93%.
The remaining 7% of the buyers are non-citizens. They are permanent residents from mainland China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India, and South Korea. One unit was purchased by a non - permanent resident American buyer.
The developer said that the robust sales of The Artra reflect the pent-up demand in the Toa Payoh area. The last time a new private housing project was launched in this area was in 2016.
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