City Developments (CDL) said it has sold 85 per cent of the units in its Cube 8 development, located at the former Albany and Thomson Mansion site along Thomson Road.
Private previews for the former sites’ owners, directors and staff of CDL started last Thursday and the public preview began on Friday.
Over the weekend, all the one- and two-bedroom apartments have been sold.
Singaporeans made up the majority of buyers. Permanent residents and foreigners mainly from the region, India and Europe bought 25 per cent of the units.
The 36-storey freehold development comprises 177 units of one- to four-bedroom apartments and sky villas, ranging from 560 square feet to 3,229 square feet in size.
The launch was at an average price of S$1,250 per square foot, with a marginal increase of two to three per cent for subsequent release.
Source : Channel NewsAsia – 25 Jan 2010