Cairnhill Nine is the latest residential project of CapitaLand. It has sold over 70% of the units launched last March. The developers has launched 200 of this project’s 268 units last March, and sold 134 units that makes it 70% of units launched.
It is a 99-year leasehold residential development located in the heart of the Orchard Road district. It is also an integrated development that comes with serviced residence Ascott Orchard Singapore.
The units that were sold that launching day ranged from 591 sq ft to 3,864 sq ft units that are 1-bedroom, 1-bedroom & guest, 2-bedroom & guest, and 4-bedroom units, and some penthouses. The 1-bedroom and guest units have been the most sold unit so far with 80% out of 90 of units that were sold.
50% of the investors or buyers were Singaporeans while the rest of the percent were Malaysians, Chinese, and Indonesians according to CapitaLand.
The Wisteria in Yishun has also a successful launch that month. Wisteria is a 99-year leasehold project above a two-storey mall. Northern Resi, the developer, said that the buyers bought a total of 116 units out of 138 units that were offered for sale.