Singapore developer CapitaLand is seeing strong response for its high-end luxury residential units at Raffles City Bahrain.
When completed in 2010, the Raffles City Bahrain integrated development will include three residential towers, landscaped sky villas, and high-end retail outlets.
CapitaLand said that about 80 per cent of the units in one of the residential towers have been booked within three weeks of a private sales launch.
124 apartments and penthouses were put up for sale, and more than 100 had been taken up. They fetched higher prices than other other high-end residential apartments in Bahrain.
Raffles City Bahrain is CapitaLand’s foray into the Gulf region. – CNA /ls
Source : Channel NewsAsia – 29 Jul 2008
