Orchard Road condo sells 20 units for over $3,000 psf

Eugenia August 29, 2018

ION Orchard

8 St Thomas, a newly completed freehold condominium in the heart of Orchard Road, has sold more than 20 units at average price of over $3,000 psf during an exclusive private preview last weekend, according to the project’s marketing agent CBRE.

“We are heartened by the positive response of 8 St Thomas in both Singapore and Hong Kong. The successful preview of 8 St Thomas has demonstrated that premium freehold quality developments in prime District 9 continue to be much sought after by discerning buyers,” said Ng Chee Seng, CEO of the project’s developer Bukit Sembawang Estates.

The development is a short stroll from the Somerset MRT station, while the future Great World City MRT Station is just a stone’s throw away. It is also near major malls like Paragon, 313 Somerset, Takashimaya and ION Orchard, likewise for top-notch healthcare facilities such as Paragon Medical and Mount Elizabeth Hospital.

More: See our Step-by-Step Guide To Buying A Condo

“8 St Thomas presents a sound value proposition for both owner-occupiers and investors. With one- and two-bedders priced from $1.42 million and $1.78 million respectively, savvy prospective buyers will find 8 St Thomas palatable for a premier freehold project located in a prestigious area,” said May Tan, CBRE’s head of residential projects.

In addition to the aforementioned units, the project also offers three-bedders, four-bedroom units with dual key variants and penthouses, with sizes ranging from 441 sq ft to 2,659 sq ft.

Located on a 28,000 sq m land, the development consists of 250 units across two 35-storey towers, with breath-taking views of Orchard Road and Marina Bay.

More: Estimate your maximum property affordability with our Affordability Calculator

Aside from the project’s full condominium facilities, the development is touted as an eco-paradise and is a recipient of the Building Construction Authority’s (BCA) Green Mark Gold. Each condo there also come with smart home features to controls door access, lights and air-conditioners

The public preview for 8 St Thomas will be held on Saturday (1 Sept).

Eugenia Rosaline Shlaen edited this story. To contact her about this or other stories, email eugenia@propertyguru.com.sg

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