The buzz around Artisan 8 was undeniable. Within just 2.5 hours of its launch on August 21, this boutique freehold mixed-use development at the former Sin Ming Centre achieved remarkable sales momentum.
By 7:30pm, 11 out of 34 apartments (32%) were snapped up, alongside five of the eight ground-floor retail shops (63%). By 9pm, the tally rose to 13 apartments sold (38%) โ a strong testament to its appeal.
Why Buyers Rushed In
Huttons CEO, Mark Yip, highlighted the irresistible starting point: from $2,100 psf for apartments and $3,400 psf for retail shops. In todayโs market, those entry points for a freehold RCR project stand out sharply.
Even more significant is its rarity factor. Artisan 8 is likely the last freehold project launch in the Rest of Central Region (RCR) in 2025, with none expected in 2026 and possibly even 2027 โ unless an en bloc sale succeeds. Scarcity drives value, and Artisan 8 is in the sweet spot.
Strategic Location Advantages
The development isnโt just about freehold and pricing โ it also ticks all the lifestyle and family boxes:
- Just 300m from Upper Thomson MRT (Thomson-East Coast Line), enhancing connectivity
- Within 1km of elite schools like Ai Tong Primary and Catholic High
- A boutique mixed-use offering: 34 residences + 8 retail shops, ensuring exclusivity with convenience
๐ Infographic Highlights: Artisan 8 Launch at a Glance
- ๐ Apartments Sold (2.5 hrs): 11 of 34 units (32%)
- ๐๏ธ Shops Sold (2.5 hrs): 5 of 8 units (63%)
- โฑ๏ธ As of 9pm: 13 apartments (38%) sold
- ๐ Location: Former Sin Ming Centre, 300m to Upper Thomson MRT
- ๐ Schools: Within 1km of Ai Tong Primary & Catholic High
- ๐ข Development Size: 34 residences + 8 retail shops
- ๐ Launch Prices: From $2,100 psf (residential), $3,400 psf (retail)
- ๐ Unique Edge: Likely last freehold launch in RCR until 2027
โ Summary & Key Takeaways
- โ Rapid demand: 32% apartments and 63% shops sold within 2.5 hours
- โ Scarcity value: Rare freehold RCR project, with no upcoming launches in 2026/27
- โ Prime location: Next to Upper Thomson MRT and top schools
- โ Boutique exclusivity: Only 34 homes and 8 retail units for a curated community
Artisan 8โs success underscores a broader trend: buyers are quick to act on rare freehold opportunities with strong location advantages.
๐ If youโd like to explore similar boutique freehold developments or upcoming launches, reach out โ Iโd be happy to walk you through the best options before theyโre gone.