Artisan 8 Sees Swift Sales: 32% of Apartments, 63% of Shops Sold in 2.5 Hours

Artisan 8 Sees Swift Sales: 32% of Apartments, 63% of Shops Sold in 2.5 Hours

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 todayโ€™s 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 isnโ€™t 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

๐Ÿ“Š Infographic Highlights: Artisan 8 Launch at a Glance

  • ๐Ÿ  Apartments Sold (2.5 hrs): 11 of 34 units (32%)
  • ๐Ÿ›๏ธ Shops Sold (2.5 hrs): 5 of 8 units (63%)
  • โฑ๏ธ As of 9pm: 13 apartments (38%) sold
  • ๐Ÿ“ Location: Former Sin Ming Centre, 300m to Upper Thomson MRT
  • ๐ŸŽ“ Schools: Within 1km of Ai Tong Primary & Catholic High
  • ๐Ÿข Development Size: 34 residences + 8 retail shops
  • ๐Ÿ“ˆ Launch Prices: From $2,100 psf (residential), $3,400 psf (retail)
  • ๐Ÿ”‘ Unique Edge: Likely last freehold launch in RCR until 2027

โœ… Summary & Key Takeaways

  • โœ… Rapid demand: 32% apartments and 63% shops sold within 2.5 hours
  • โœ… Scarcity value: Rare freehold RCR project, with no upcoming launches in 2026/27
  • โœ… Prime location: Next to Upper Thomson MRT and top schools
  • โœ… Boutique exclusivity: Only 34 homes and 8 retail units for a curated community

Artisan 8โ€™s success underscores a broader trend: buyers are quick to act on rare freehold opportunities with strong location advantages.

๐Ÿ“ž If youโ€™d like to explore similar boutique freehold developments or upcoming launches, reach out โ€” Iโ€™d be happy to walk you through the best options before theyโ€™re gone.

(Source)

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