CapitaLand’s Urban Suites’ Phase 2 launch has drawn keen interest from buyers who have snapped up units despite a price hike.
In Singapore, an additional 16 sales were clinched since the Phase 1 launch of the project closed early in January; while all the 50 units released in Jakarta, Indonesia last week were sold out.
The development’s popularity was undiminished by price increases – from between $2,400 and $2,700 psf in Phase 1 to $2,500 and $2,800 psf in Phase 2 – for the units situated in District 9 between Cairnhill, Saunders and Hullet roads.
The recent sales showed that 126 of the 140 units released in the 165-unit condo have been sold. The 26 apartments with two bedrooms are now completely sold out.
With the 3 of 5 penthouses expected to fetch about $9 million quantum price, two penthouses are off the market. The penthouses range from 3,378 square feet to 4,715 square feet and are equipped with private pools.
While the exact figures are not yet provided, the company said only a few three- and four-bedroom apartments are left for sale.