OUE started the trend of deferred payment scheme (DPS) among the completed condominiums in the prime district after it re-launched OUE Twin Peaks Tower 2 last April. This OUE Twin Peaks is a 99-year leasehold condo that has twin 35-storey towers with 462 units. It was completed in February last year. These two towers contain 231 units each that makes it completely identical. When the launch started for a DPS for Tower 2, the starting price was $2,100 psf or $1.22 million for a 570 sq ft 1-bedroom unit. The price hit $3,056 psf for a 549 sq ft 1-bedroom unit on the 34th floor and was sold for $1.68 million in May. From this success, OUE was ready to[…]