Cairnhill Nine Drop Off

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[…]

This new Martin Place residential site that GuocoLand secured at a public tender has key attributes that are a strong factor for any developers that are planning for a residential project. But the winning bid for this 1.6 hectare site which is S$595.1 million was said to be overpaid. This translates to S$1,239 million per square foot per plot ratio (psf ppr); the highest unit land price for a residential site alone that was sold at a public tender since 2009. It is situated at the corner of River Valley Close and Martin Place in District 9 and can hold up to 450 residential units. This will only be a short walk to the upcoming Great World MRT Station at[…]