233 units of CapitaLand’s Interlace condominium project sold

CapitaLand said on Tuesday 233 units were sold in the preview sales of its Interlace condominium project, which will be built on the former Gillman Heights site.

The prices for the 360 units that were released for sale ranged from S$850 to S$1,150 per square foot.

The developer said nearly two thirds were sold, including two, three, and four-bedroom apartments and penthouses.

Located on an 872,000 square foot site at the junction of Depot Road and Alexandra Road, the 99-year leasehold development has a total of 1,040 homes. The apartments range from 800 to some 5,900 square feet.

CapitaLand is the lead project manager for The Interlace, which it is developing jointly with two other shareholders, including Hotel Properties.

Source : Channel NewsAsia – 22 Sep 2009

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