United States investment giant Blackstone and Malaysia's CIMB Bank will invest in three Sentosa Cove properties owned by City Developments (CDL), including the W Singapore hotel, in a complex transaction valued at S$1.5 billion. The investment in the Quayside Collection – comprising the W hotel, the Quayside Isle retail complex and the Residences at W Singapore – will be via an investment instrument...
The Residences at W Singapore Sentosa Cove
TWO developers have tied up with financial institutions to offer low interest rates to buyers of certain residential projects. Hong Leong Finance is offering rates of as low as 0.98 per cent a year on loans to buyers of its sister firm City Developments' (CDL) The Residences at W Singapore at Sentosa Cove. For the Waterbank at Dakota condominium, United Overseas Bank (UOB) is offering an enticing deal:...
HONG Leong Finance (HLF) is offering buyers of The Residences at W Singapore Sentosa Cove an exclusive financing package, with rates from 0.98 per cent a year. The 228-unit luxury project is being developed by City Developments Ltd (CDL), another Hong Leong Group unit. HLF said that its home loan offerings feature some of the best interest rates in town. 'With an active property market, customers are no...
However, at Sentosa Cove, buyers spoilt for choice from 3 projects on offer Malaysian tycoon Quek Leng Chan's GuocoLand has sold 60 units at the freehold Goodwood Residence along prime Bukit Timah Road over the past two weekends at prices ranging from $2,355 psf to $2,555 psf for typical units. Mr Quek himself picked up the biggest unit in the 12-storey project - a penthouse - for $18.8 million. His...
ABOUT a quarter of the 56 units released for The Residences at W Singapore Sentosa Cove were sold over the weekend for prices starting at $3.4 million. This upscale condominium, which is part of the trendy 'W' boutique hotel brand, is being built by City Developments. Its spokesman said the price achieved during the exclusive by-invitation-only preview was in line with its launch price of between $2,500...
A NEW upscale condominium that is part of the trendy 'W' boutique hotel brand has made its debut in Singapore. The Residences at W Singapore Sentosa Cove, which boasts 228 apartments, will be priced from $2,500 to $3,000 per sq ft (psf), said City Developments (CDL) at the launch yesterday. The record in the gated island enclave is held by Seven Palms, where nine units went for $3,100-$3,430 psf late...