Source : Channel NewsAsia – 18 May 2009
Eighty per cent of the high-end Martin Place Residences condominums launched were sold over the weekend.
A third of the 302 units available have been launched.
The freehold Martin Place Residences is just a few minutes from the heart of Singapore’s prime Orchard Road shopping belt.
Developer Frasers Centrepoint said the units were transacted at between S$1,260 and S$1,700 per square foot.
Six in 10 buyers were from Singapore, while the rest were foreigners from countries like Malaysia and Indonesia.
Frasers Centrepoint attributed the strong response to its pricing.
The initial 28 units that were sold last year were priced between S$1,700 and S$2,000 per square foot.
Source : Channel NewsAsia – 18 May 2009
Posted in General, New Launches | Tagged: Developer Sales, Frasers Centrepoint, Martin Place Residences, New Launches | No Comments »
CapitaLand’s The Wharf Residences continues to see strong sales
Posted by luxuryasiahome on May 18, 2009
CapitaLand’s newly released units at The Wharf Residences continued to see strong sales over the weekend, with another 24 units transacted.
The developer had earlier sold 85 per cent of the 100 units launched on May 15.
All in, CapitaLand said 134 units out of the 173 unit at The Wharf Residences have been sold.
Apartments at the 999-year leasehold project are priced at between S$1,300 and S$1,600 per square foot.
The developer said 8 in 10 of the homebuyers are Singaporeans, with the rest coming from China, Japan, Canada, Vietnam, Malaysia and Indonesia.
The Wharf Residences is located at Tong Watt Road, off Mohamed Sultan Road near the city centre.
CapitaLand added that it will present other projects, like the proposed development at Gillman Heights Condominium site, at an appropriate time.
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