CapitaLand’s The Wharf Residences continues to see strong sales

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.

Source : Channel NewsAsia – 18 May 2009

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