CapitaLand said yesterday it had released 100 units for sale at The Wharf Residence and sold 85 units. The average price is between $1,300 to $1,600 psf. This brings the total number of units sold to-date at the development to 110. Buyers will also enjoy stamp duty absorption and an interest absorption scheme.
The Wharf Residence is a 999-year leasehold condominium located at Tong Watt Road, off Mohamed Sultan Road.
The development sits on a 76,956-square feet site and comprises four contemporary residential towers with 173 apartments and 13 conserved shophouses.
Buyers have a choice of two- to four-bedroom apartment types, with sizes ranging from 1,012 sq ft to 2,196 sq ft. There are also five penthouses ranging from 2,745 sq ft to 5,565 sq ft in size. The 13 conserved Vintage Collection houses range from 4,478 sq ft to 4,930 sq ft in size.
Temporary Occupation Permit for The Wharf Residence is expected to be obtained in 2013.
Source : The Edge – 16 May 2009