CapitaLand’s Urban Suites sees good results in preview sales

Property developer CapitaLand said on Wednesday its high-end development, Urban Suites, saw good results in its recent preview sales.

Under the first phase of the sale launched before Christmas, 60 of the 165 units were released to buyers who were prepared to purchase more than one unit.

CapitaLand said all 60 units were sold at prices ranging from S$2,400 to S$2,700 per square foot. It plans to launch the second phase, comprising some 50 units, in Jakarta next week.

Urban Suites sits on a freehold site, spanning nearly 8,700 square metres, at the former Char Yong Gardens, bounded by Cairnhill Road, Hullet Road and Saunders Road.

The 165-unit development is made up of two 20-storey towers and one 17-storey tower. There are two-, three-, and four-bedroom apartments as well as duplex and triplex penthouses.

Urban Suites is developed by CapitaLand Residential Singapore together with its joint venture partner.

Source : Channel NewsAsia – 6 Jan 2010

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